Bittime – For those of you who used to mine Ethereum and have a graphics card, crypto DePin Io.Net offers a crypto airdrop opportunity that is very suitable for you.
The process to participate is free and very easy, just set up a working node and integrate it with the Io.Net network. As a reward for contributing your computing power, you will be eligible for an airdrop at a later date.
“Season 2” Incentive Campaign
The project kicked off on May 1, giving participants until May 31 to secure as many token allocations as possible.
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DePin Io.Net Initiative Summary
Io.Net leads the DePin (Decentralized Physical Infrastructure Network) project which aims to build a decentralized computing network that provides computing power at affordable prices.
This project functions similarly to Grass, acting as a broker for hashpower transactions, but with a more complex framework.
The emerging fields of artificial intelligence (AI) and machine learning (ML) emphasize the importance of access to verified data and processing power. These elements are essential for the development of a new wave of applications.
ETH Miners can Share their Computing Power to Io.net
By mobilizing owners of graphics cards—previously used for ETH mining during the “Proof of Work” phase—Io.Net strengthens the sector. Participants are encouraged to allocate a portion of their computing power to the network.
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Io.net as the “Internet of GPUs.”
Currently, the Io:net network has more than 550,000 GPUs connected. This allows AI developers and engineers to utilize available computing power easily, enjoying a 90% cost reduction compared to other cloud services. The project's ambition is to integrate 1 million hardware units.
From a technical point of view, the network is designed to support batch inference, parallel training, hyperparameter optimization, and reinforcement learning. These features improve GPU network performance for AI/ML workloads.
Io.Net operates on the Solana blockchain
Leveraging its efficiency and smooth transactions, Io.net runs on the Solana (SOL) network. The crypto airdrop campaign, which is ongoing until the end of May, promises to reward users who set up their own working nodes and share them with the network.
How Many Airdrop Token Allocations?
A total of 7.5 million IO tokens were allocated for this phase, which is reserved for those who pass the automated proof-of-work verification that occurs every six hours and remain active throughout the snapshot period.
Snapshots will Occur Randomly Throughout the Month of May
For detailed graphics card specifications, bandwidth requirements and other information, please refer to the provided documentation .
It is important to note that the DePin project has received support from venture capital firms such as HackVC, Multicoin Capital, Sandbox, Delphi Digital, and Aptos. The project also recently secured $30 million in funding.
Io.Net's valuation stands at $1 billion, indicating that the FDV of the IO token will probably be in line with this figure upon its debut in the crypto market.
Participation in Io.Net Crypto Airdrop
Participate in the free Io.Net crypto airdrop. However, if you don't have a graphics card, buying one will be the only way.
Actually, without a special processor, you can still take part in the social aspect of the campaign. While creating a node is not mandatory, it is important to earn significant economic rewards.
For those interested in “social farming,” the Galxe X Discord initiative offers a variety of activities, AMAs, and verified roles on Discord.
For Ex ETH Miners, Gamers or GPU Owners that Meet Specifications
For former ETH miners, gamers, or anyone with a GPU that meets the required specifications, setting up a working node and connecting it to the network is a breeze.
- First of all, you need to visit the official website of the project to create an account. Navigate to the “Io/worker” logo in the top left corner and select “worker.” Continue with “connect new worker” and enter your device details.
- Complete the setup by specifying your operating system (Mac OS, Windows, or Linux), provider (Io.net or Render), and then give your device a unique name, choosing between GPU or CPU type.
- To qualify for a crypto airdrop, download and configure Docker Desktop (Guide available for MAC Users), then start the binary code.
- In the Docker interface, select “container,” access the terminal, and run the three commands provided on the website. Configuration may take up to 48 hours, so refresh the page occasionally.
- Once configured, enter “docker ps” in the terminal to activate your node. The “CPU%” column will display the computing power of your processor.
- Finally, to set up your payment account, follow the link provided and set up a Solana address using a wallet like Phantom.
A comprehensive guide, created by the Io.Net team, is available to guide you through the setup process on the Windows operating system. The same YouTube channel offers a guide for MAC users.
Io.net Youtube Channel
Take advantage of the opportunity to be part of the AI revolution with Io.Net before the crypto airdrop campaign ends on May 31st!
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How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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