On August 25, Filecoin officially announced the launch of the testnet reward program. As of 14:00 on August 26, the new test network has mined 3845 blocks, the effective computing power of the entire network is 10.9PiB, the average mining income in 24 hours is 7.51 FIL/TiB, and the average output time is 32 seconds.
During this process, although the Filecoin blockchain triggered a BUG at block height 101, resulting in the suspension of block production, it has been restored after official repairs. So far, the much-anticipated 4.1 million Filcoin testnet reward program has officially started.
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The testnet reward plan is launched, "the scene is hot"
The successful launch of the Filecoin testnet reward program means that 4.1 million Filecoin tokens will be provided to miners around the world. According to the current FIL token price, these tokens are worth 490 million yuan-this is probably the largest "candy broadcast" in history. plan".
In this regard, Weibo blogger Blockchain William believes that Filecoin has been procrastinating and procrastinating, and finally launched the reward plan of the testnet in the morning, and a bug was discovered in less than an hour.
The female doctor of Bitcoin said that after 3 years of waiting and 3 years of expectation, the filecoin real gun competition will officially start next Monday, with a reward of 4 million real coins.
Weibo blogger "Poca DOT" believes that with the approach of the filecoin main network, some distributed storage modules can be deployed.
In addition, the Filecoin Mining Conference recently organized by Babbitt was also crowded with people. "There are too many people and the scene is too grand."
At the same time, various data also show that the attention of Filecoin among investors is also soaring.
At present, Filecoin's search popularity on the Google Index has reached a new high of 100. The top five countries and regions in the world with the most searched are China, Hong Kong, Latvia, St. Helena, and South Korea. The data shows that Filecoin's attention is mainly concentrated in Asia.
In addition, we can get as many as 15.2 million search results by searching for the keyword "Filecoin" on Baidu, while the search results for "Bitcoin" are 50 million. Basically equivalent to about 30% of Bitcoin.
Of course, the most telling thing is actually the crazy rise of FIL tokens. The latest data shows that the current FIL token price has soared from about 2USDT a few months ago to the current 28USDT, an increase of more than 1000%, which shows its popularity.
Of course, there are also many doubts about the current popularity. For example, some investors also believe that Filecoin 7788 mining machines add up to 50 billion yuan in this market, which is shocking!
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Mining machine sales are booming, but beware of risks
After the launch of the testnet reward program, the Filecoin mining circle is the most lively, and the mining machine sales market is in full swing.
Take the recent offline mining machine sales as an example. According to the on-site staff, many customers placed orders directly on the spot and almost sold out their August spot and September futures of GPU mining machines. Now they want to buy more , you can only book the futures in October.
Regarding mining, Blockchain William said that investors who bought and stored coins in this sector are all counting on Filecoin to run smoothly, but to be honest, it seems that it is not working right now and it will take time. There are still many sellers of mining machines, maybe I hope they will never go online.
The implication is that the mining industry is a mixed bag, which requires investors to keep their eyes open.
We know that Filecoin mining actually requires three types of machines, namely the sealing machine, the proof machine and the storage machine (verification machine).
Mr. Camel has something to say in the article ""This is a home version of the mining machine, it can mine FIL!"—Brother dei, can you be more shameless? It is mentioned that most mining machine manufacturers currently sell storage machines (verification machines). Relatively speaking, the price is relatively low, about 100,000 yuan. The proof machine is the most expensive. It is understood that the corresponding price is more than 300,000 to 500,000 yuan. Generally speaking, miners will not sell such machines, they will only put Configured across the entire cluster architecture.
Most of the selling prices are more than 150,000 yuan, which are sealing machines. The indicator they like to use "ten thousand yuan packaging speed" is the core indicator of this type of mining machine.
It is particularly worth emphasizing that in fact, most mining machine manufacturers sell half of the mining machines and half of the cluster solutions. After the customer buys the mining machine, it is impossible to mine the mine by using it alone. It is necessary to put the mining machine in the cluster structure that has been built in the mine, and combine mining to mine FIL.
Mr. Camel has something to say, from the perspective of the Filecoin mining process, do you think you can complete the entire mining process if you own the equipment for a certain step alone? Taking a step back, even if your so-called "home mining machine" is a small integrated architecture and a small "cluster network", can your computing power compare with that of a professional mine?
If you can't compete, how can you dig mines? Moreover, there is a penalty mechanism in Filecoin’s mining mechanism. Even if the computing power reaches the corresponding data sealing and certification process, and the effective storage cannot be completed within the specified time, and the mining process cannot be completed, it will be punished by the mechanism. This penalty is extremely harmful to the block generation rate.
For those friends who are looking for convenience and fantasizing about mining FIL through the "home version mining machine", I would like to advise you: you might as well exchange the money for these mining machines into ETH or DOT or LINK. Relatively speaking, hoarding coins is much more reliable than buying a "home version mining machine".
Because what you spend tens of thousands or even hundreds of thousands to buy is a "home version mining machine" that cannot mine mines, but what we stock up are mainstream coins with certain value support. At the moment of buying, the "home version mining machine" is reduced to "clean power-consuming scrap iron", and the mainstream currency has at least some room for growth.
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130 projects in 30 days, is the launch of the Filecoin mainnet really good?
Before launching the testnet rewards, Filecoin also did two noteworthy things. One was to hold the HackFS hackathon, and the other was to confirm the launch time of the mainnet.
First look at the HackFS hackathon event.
One month before the Filecoin testnet went live, the Filecoin official website organized a HackFS hackathon event, aiming to inspire developers to submit applications around Filecoin.
During the event, more than 470 hackers from 50 countries across 19 time zones around the world participated in this 30-day virtual event after a month of seminars, roadshows, AMAs, and head-on development. In the end, 134 teams submitted HackFS Hackathon projects.
On August 18, the ten finalist teams presented their projects to the jury, which consisted of Juan Benet, founder and CEO of Protocol Labs, Molly Mackinlay, head of the IPFS project, and product leader of Filecoin. Pooja Shah, and Ken Ng of the Ethereum Foundation.
Take, for example, an app called Sailplane.
The app uses IPFS and OrbitDB's peer-to-peer file storage service in a web application, similar to Dropbox. It uses IPFS and custom OrbitDB storage to store file metadata and other file management functions. The front end is built on React.js and has a custom browser-based user interface.
Then, Filecoin decided to launch the mainnet in September.
In this regard, many investors have given their personal views.
For example, Weibo blogger Bijie Wuhun said that this year’s biggest new currency, Filecoin, is coming, and the space race test event that has been skipped many times has finally begun, and the official mainnet launch date has basically been confirmed—September In the middle and late ten days, but considering that they are the skipping kings, it is conservative to launch the mainnet in October. The funds for investing and speculating on this project are very large, and it will bring huge off-market funds to the currency market. Not surprisingly, after the FIL mainnet is launched, almost all exchanges will go online at the fastest speed, and there will be a lot of hype at that time.
However, Wuhun said that the risk is that the skipping king continues to skip tickets.
So, whether the launch of the Filecoin mainnet is good or bad, and what impact it will have on the entire industry, we will wait and see.
