Latest DePIN News

Discover the top DePIN crypto mining projects for June 2024, designed to maximize passive income and crypto investments. DePIN, or Decentralized Physical Infrastructure Networks, integrates blockchain with physical systems, set to thrive in the upcoming bull market. Dive into the top 10 projects and their respective discount codes to accelerate your DePIN journey. **GEODNET**: A web3.0 blockchain-based RTK Network that enhances GPS accuracy for AI-based autonomous systems. With an estimated monthly earning of $430 and a break-even ROI in 45 days, GEODNET is accessible with just an elevated outdoor spot. **NATIX**: Mobilize your car to contribute to a decentralized dynamic map of the world, incentivizing users to map their surroundings for smart-city applications. **DIMO**: Aims to create a human-centric connected mobility ecosystem, where developers innovate freely, and privacy coexists with progress. **Soarchain**: A Layer 1 Network fostering a decentralized ecosystem for the mobility industry, offering instant ROI post airdrops. **WeatherXM**: A community-driven weather network rewarding weather station owners and providing accurate services to various entities. **Fry Foundation**: Built on the Algorand ecosystem, FrysCrypto aims to accelerate mainstream crypto adoption while reducing e-waste. **UpRock**: Contribute to AI discoveries by simply using your phone, earning rewards in the process. **Grass**: Monetize your unused internet bandwidth without compromising privacy, contributing to the growth of AI. **Silencio**: A network rewarding users for hyper-local noise pollution data, aiming to become the world's largest citizen science project. **Hivemapper**: Create the world's freshest decentralized map with transparent incentives, using just your phone and car. Explore each project's mission, requirements, and potential earnings to find the best fit for your DePIN crypto mining endeavors. Remember, this list is a guide to help you maximize your investments and passive income ambitions. For further insights, refer to the DePIN sector map from Messari. Please note that this is not financial advice; always conduct your own research.

WeatherXM is revolutionizing weather forecasting by leveraging Web3 technology and IoT to create a decentralized network of weather stations. This approach allows for more accurate and hyperlocal weather data, accessible to everyone from farmers to scientists. The community-driven network encourages users to contribute data from their own weather stations, enhancing the overall reliability of the information. By integrating IoT devices with blockchain networks like Helium and Filecoin, WeatherXM ensures data security and scalability. Station owners are rewarded with the platform's native ERC-20 token, WXM, which became tradable on Uniswap v3 and other platforms on May 30. The technology has real-world applications in agriculture and disaster preparedness, with a focus on providing accurate weather data to remote and developing regions. WeatherXM aims to expand its network globally and improve data collection, recently raising $7.7 million in a Series A funding round.

Aethir is advancing in decentralized physical infrastructure with AI and machine learning, announcing a partnership with GAM3S.GG for enhanced gaming experience. Aethir Edge has distributed over 66,000 Checker Nodes, utilizing idle GPU power for earning $ATH tokens. The company aims to address the global GPU scarcity by aggregating and redistributing resources, potentially increasing global GPU compute availability. Aethir also hosted the 'AI Dinner Salon' at Consensus 2024, discussing decentralized AI's future.

The Solana blockchain is fostering a surge in decentralized physical infrastructure network (DePIN) projects, which allow contributors to earn cryptocurrency by providing resources like data storage and energy. DePINs on Solana, such as Render, Helium, and Nosana, benefit from the blockchain's high-speed transactions, low costs, and robust infrastructure. Despite challenges like sustainable incentives and regulatory issues, experts predict that AI and machine learning could further enhance these projects, positioning Solana as a leader in decentralized infrastructure solutions.

Decentralized Physical Infrastructure Networks (DePIN) is a burgeoning sector in the cryptocurrency market, offering decentralized solutions for real-world infrastructures such as GPU rendering, wireless internet access, and cloud storage. This article delves into the top 10 DePIN cryptocurrencies that are worth considering for investment, highlighting their unique features and potential for long-term growth. Among the standout projects are PlayDoge, which combines P2E gaming with meme appeal, and Render, offering peer-to-peer GPU rendering services. Other notable mentions include BitTorrent for decentralized file-sharing, Filecoin for storage systems, Theta Network for video streaming, and Ocean Protocol for data-sharing marketplaces. Each of these projects has a native cryptocurrency that incentivizes participation and is expected to appreciate in value as network activity increases. PlayDoge, for instance, has already garnered significant attention with its high APY rewards and a nostalgic play-to-earn game, leveraging the BNB blockchain. The DePIN space is poised for expansion as these projects continue to innovate and provide decentralized alternatives to traditional infrastructure services.

Carlos Lei Santos, CEO of Uplink, forecasts that the next trillion-dollar company will emerge from the DePIN (Decentralized Physical Infrastructure Network) industry, revolutionizing wireless connectivity much like Amazon's AWS transformed cloud computing. DePIN companies are expected to integrate various structures seamlessly, with the industry projected to reach over $3.5 trillion by 2028. The growth of DePIN could significantly influence the cryptocurrency market, as decentralized networks are often built on blockchain technology, potentially increasing investment and innovation in the space.

ARAX has partnered with the Municipality of Tuzla, Romania, to develop a Decentralized Physical Infrastructure Network (DePIN) project. This initiative will use ARAX's blockchain, IoT, and AI technologies to create a smart urban hub with intelligent streetlights and other smart city solutions. The project will be implemented in three phases, starting with planning and feasibility studies, followed by a pilot deployment of renewable energy-powered streetlights connected via Lunaº Mesh's decentralized network. The final phase will focus on expansion and integration of additional smart city solutions. The success of the project relies on strong private-public partnerships and community involvement.

Decentralized Physical Infrastructure Networks (DePIN) are disrupting the internet infrastructure sector by returning control to users and leveraging public blockchains. This model allows individuals to contribute resources like electricity and internet in exchange for micropayments, creating large-scale infrastructure without upfront costs. DePIN facilitates the launch of businesses in sectors with high entry barriers by relying on crowdsourcing and turning fixed costs into variable costs. Examples include Filecoin, which provides cloud services at lower costs than Amazon, and Akash Network, which offers compute power for AI training. DePIN challenges incumbents by offering Infrastructure as a Service (IAAS) models that are more flexible and cost-effective than traditional Software as a Service (SaaS) models.

Hivello, a Decentralized Physical Infrastructure Networks (DePINs) aggregator, has launched its app at the Consensus 2024 event, following a successful six-month waitlist period with 19,600 users. The app aims to simplify Web3 mining, enabling users to earn tokens by contributing their computer resources. Hivello recently raised $2.5 million in funding, reflecting investor confidence in its potential. The DePIN market is expected to grow significantly by 2028, and Hivello is positioned to capitalize on this growth by making decentralized finance more accessible to a wider audience.

Ethereum co-founder Joe Lubin has announced that Consensys is ready to spend millions to challenge the SEC's enforcement campaign against the Ethereum ecosystem. Lubin discussed the SEC's impact on the crypto ecosystem, the costs incurred, and the legal action against the SEC's classification of Ether as a security. He also touched on Ethereum's scalability, the importance of modularization, and future goals for the network, including an 'intents-based architecture'. Additionally, Lubin commented on staking, the Solana ecosystem, Bitcoin's influence, and Vitalik Buterin's ongoing contributions to Ethereum.