io.net$IO

What is io.net Crypto?

io.net is a decentralized GPU cloud network that pools computing power from data centers, miners, and other sources. Built on Solana, it offers transparent, on-demand access to GPUs for AI and machine learning tasks at lower costs than traditional cloud providers. By aggregating up to 10,000 GPUs, io.net aims to democratize high-performance computing.

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How can I mine io.net tokens?

You can earn $IO tokens by:

• Supplying Compute: Share your unused GPUs and receive hourly rewards, whether or not your hardware is actively used.
• Staking: Lock up $IO to support network operations. Run a node or delegate to an operator and earn a portion of the network’s rewards.

How can I optimize my io.net mining rewards?

• Maintain Uptime: Keep your GPUs online and meet performance requirements to maximize rewards.
• Optimize GPU Settings: Fine-tune mining software for improved efficiency.
• Monitor Network Difficulty: Adjust your hardware strategy to align with changing difficulty.
• Diversify: Offer different GPU or CPU types to handle more job requests.
• Stake More: Larger stakes can increase your node’s priority and potential rewards.

How can I use the io.net network?

• Deploy GPU Clusters: Launch large AI or ML workloads quickly.
• AI Model Deployment: Use BC8.AI for AI-generated content and model inference.
• Supply Compute: Rent out your GPUs to earn $IO tokens.
• Save on Costs: Access high-performance computing at lower prices than major cloud services.

Who governs this io.net network?

io.net is governed by the IOG Foundation.

Io.Net Funding

io.net raised $30 million in a Series A round in March 2024, led by Hack VC and backed by Multicoin Capital, Solana Ventures, and others. Previously, io.net won funding in the Solana Hyperdrive Hackathon in March 2023.