DePIN Hub - 011 - Geodnet - The Global Earth Observation Decentralized Network

This episode is brought to you by 🐤 Chirp (links.depinhub.io/podcast-chirp) harnessing the power of DePIN to be your global connectivity provider 🚀
Want to ‘mine the sky’?
If you’re like - ‘what the heck?’ - tune in! On this episode you’ll learn how to get centimeter-accurate satellite positioning with the co-founder of one of DePIN’s most ambitious projects - GEODNET 📡 🛰️
🔗 GEODNET is offering super hexes to massively boost rewards from 4-14x! 💸 See if your region qualifies here 👉 links.depinhub.io/006-GEODNET...
#geodnet #mining #depin #crypto #mine #gps #rkt #depinhub #iot #chirpnetwork #chiptoken

[@stephenw9291]

#evernode is another DePIN project to checkout

[@karisikshorts46.102]

Geodnet wants to progress solidly, it is ahead of many imaginary projects. I have reviewed the team's very good white papers and I hope that big steps will be taken by 2024. Geodnet will make its name known more and I am sure.

[@rkyoung8197]

For the field of RTK, drone show companies have their own equipment, farms that cultivate have their own equipment, and it's important to note that RTK is not very expensive and niche equipment, I didn't think there could be a need to spend money on renting equipment or buying geo-data for this scenario, there might be, but I really don't know, so I don't understand the need for a blockchain project.

[@psylas02]

It looks like there are 3 people already in my hex. If I get one will I still make any crypto ?

[@rjansandland4256]

There are two reward pools in each hex. The first miner to provide a stable station (30 day rolling reward rate above 98%) will earn an NFT. That miner will get the rewards from one reward pool alone as long as they stay stable. All other miners in the hex will share the second reward pool, so if there are two, they will get 50% each, three will get 33% each.

[@chamakubhadar]

🚕 DRIFE = decentralised UBER