Many of the aforementioned institutional investors have been waiting patiently for the MXC Foundation’s global roll out of their intricate MXProtocol data network infrastructure; however, it appears that their strategy is now paying off. The M2 Pro Miner, the device attributed with the networks massive global reach, has managed to beat their own internal targets, fast-tracking the Foundations global footprint.
The current coverage and market saturation across Europe (Netherlands), China (Beijing & Shanghai) as well as strong coverage across the United States (Bronx, Manhattan, Colorado and East Los Angeles) is taking shape faster than even the MXC Foundation projected. This is evident by the fact that their flagship miner sells out as soon as new shipments arrive.
The M2 Pro miner has an incredible network reach of over 15 miles as well as extremely low energy costs (2.7 Watt). Combining these attributes turns the MXProtocol and the MXC Foundation LPWAN infrastructure into a Smart-City, IoT, blockchain, Edge Ai and soon-to-be-released NFT force to be reckoned with.
This latest large investment into the foundation will turn their network into a front-runner in network coverage. It is also strongly anticipated that this will reflect in their price, which has often been referred to as “extremely undervalued” at its current value of 2.3 (US cents) as stated by serial investor Jasmine Zhang from AT&T Capital.
The investment, combined with their highly anticipated Q4 releases, are expected to further bolster the mining community and investor support of MXC, in an attempt to take their seat as the global leader within IoT and smart city network coverage.