PANews reported on January 20 that at 0:00 AM (UTC) on January 20, the Network3 computing power test network was successfully completed and began to be seamlessly upgraded to the main network. This computing power staking mining successfully attracted well-known institutions such as DePINX and super node alliance members Hashkey, FBG, Waterdrop Capital, Bitrise, IoTeX, etc. with a valuation of 200 million US dollars, aiming to verify the technical feasibility of N3 Compute Network and further explore the integrated application of computing power resources.

Achievements during the operation of the N3 computing power test network: the total assets of the GPU devices carried reached 40 million US dollars; the pledged amount of N3C computing power tokens reached 13 million US dollars; the total monthly income reached 3.5 million US dollars; 256 H200 and 640 H100 high-end GPUs participated in mining.

In addition, Network3 will launch spot trading of N3 tokens on exchanges such as Bybit, Gate.io, and BingX at 4 pm Beijing time on the 22nd of this month.

It is reported that Network3 is committed to technological innovation and application promotion in the field of Edge AI. By introducing a high-performance computing network, Network3 provides users and developers with a more fair, transparent and efficient computing power trading platform, exploring a new paradigm in the AI computing resource market.