What is DePIN

DePIN (Decentralized Physical Infrastructure Networks) refers to decentralized systems that leverage physical infrastructure through blockchain technology. These networks enable users to collectively build and operate infrastructure, such as telecommunications networks, energy storage systems, or IoT devices. The primary goal of DePIN is to optimize resource distribution while allowing participants to earn direct financial rewards, such as tokens, for their contributions. These systems are integral to Web3 technologies and self-sustaining networks, playing a vital role in advancing the decentralized economy.

DePIN and cryptocurrency mining are closely related, as both rely on decentralized resource sharing. While crypto mining uses computational resources to produce cryptocurrencies and maintain blockchain operations, DePIN links physical infrastructure (e.g., data transmission devices or energy networks) to the blockchain. Crypto miners can contribute to DePIN networks by sharing resources, earning tokens as rewards for maintaining the network. This synergy fosters more efficient and eco-friendly systems while opening new opportunities to bridge blockchain technology with the physical world.