At present, the storage computing power of the entire network has reached 3.757EiB, and the storage capacity of the top ten nodes in terms of computing power is at the PiB level. Judging from the distribution of computing power, the degree of decentralization of the network is not low, and the number of active miner nodes is 1,758; this is a qualitative leap compared to the launch of the Filecoin mainnet on October 15, 2020.

However, everyone has not forgotten that during this qualitative leap, the current development of Filecoin mining still faces many problems, such as high unit price of mining machines, high pledge costs, high gas fee consumption, poor liquidity of mining machines or nodes, and obvious time effect ... Any of these thresholds can keep ordinary investors out of Filecoin mining.

A new type of mining product has emerged: cloud computing power. "Cloud computing power" is a remote mining model. Usually, large mining farms provide computing power leasing services. Users can earn coins such as Bitcoin, Ethereum, Filecoin, etc. mined by the corresponding computing power by purchasing computing power contracts.

Of course, more and more project parties are joining the Filecoin ecosystem, and the Filecoin mining market has undergone different changes. The emergence of Filecoin Standard Full Hashrate Token (SFIL) - Filecoin standard computing power token has brought new impacts to the mining market through the new business model of computing power tokenization. The computing power tokenization track is quietly rising, so today we invited SFIL CBO, Bit Gu to come to the [Interstellar Vision Carnival Laboratory], today we will take you to appreciate the new mining landscape, and see how SFIL re-empowers Filecoin mining.

Interstellar Vision IPFSNEWS: Hello, please give a brief introduction of yourself to our friends in the Interstellar Vision community.

Bit Gu: Hello everyone, I am Bit Gu, and I am the Chief Brand Officer of SFIL China Community. I am currently responsible for the brand work of SFIL China Community. Before entering the blockchain industry, I worked in brand marketing for 7 years. Since entering the blockchain industry in 2017, I have been engaged in blockchain brand services. I have served more than 30 well-known blockchain brands such as Huobi, OKEX, and Binance.

Interstellar Vision IPFSNEWS: Mining is an important source of digital currency and has always affected the development of the industry. Could you please share with us the overall situation of digital mining and computing power market? What are the characteristics of Filecoin mining?

Bit Gu: First of all, we need to look at the status of miners and mining in the entire blockchain industry: miners are the infrastructure of blockchain, and mining is the basic operation of blockchain. Blockchains without miners’ cooperation are not established.

Next, let’s look at the status of mining in the blockchain industry. Currently, digital mining is still the field with the clearest business model and the most stable development speed in the blockchain industry. Most people have seen that in the ranking of the blockchain rich list, 7 out of 11 are engaged in mining business.

Of course, at this stage, both Bitcoin and Ethereum mining are in short supply. Most mining machines have bought October futures, and it is still hard to find a machine. Compared with the Bitcoin and Ethereum computing power markets, Filecoin is more popular than ever.

Compared with the mining mechanism of Bitcoin and ETH, Filecoin uses effective data storage space to determine the size of computing power, which makes the Filecoin mining mechanism greener, more community-oriented and more practical commercial. It is also easy to be accepted by mainstream society.

Interstellar Vision IPFSNEWS: The development of product forms in the mining market can be said to have gone through many iterations, and the product forms are becoming more and more diversified. We have seen that SFIL is called a better way to mine Filecoin. Can you briefly explain why SFIL is better than cloud computing power and mining machines?

Bit Gu: Compared with cloud computing power and mining machines, SFIL has four main characteristics: 1. Perpetual mining 2. Good liquidity 3. Superimposed benefits 4. Enhanced computing power.

Let's take an example. When you buy cloud computing power or mining machines, there will be a service period. Currently, the service period of general cloud computing power is 540 days or three years, and the service period of mining machines is generally 3 years or 5 years, while SFIL is perpetual computing power, that is, you can keep mining as long as you hold SFIL. Just this one point, more than 100% of cloud computing power, all cloud computing power intercepts a period of mining income to you, while SFIL gives you perpetual computing power. This is unmatched by all cloud computing power.

Another point is that when you have reached 540 days of mining, you can choose to continue mining or sell SFIL. At this time, you will find that the cloud computing power has expired and has nothing to do with you. Because SFIL is anchored to filecoin's perpetual computing power, SFIL has also made significant progress after 540 days. Therefore, you can make a lot of money by selling SFIL.

Neither cloud computing power nor mining machines have this advantage.

Moreover, if you buy cloud computing power or mining machines, you do not have the liquidity to trade at any time, but SFIL can be traded at any time. Currently, SFIL is listed on three exchanges: GATE, biki, and LBANK, with a daily trading volume of 25 million and excellent liquidity. However, if you buy cloud computing power or mining machines, it can be said that the liquidity is very poor.

Interstellar Vision IPFSNEWS: Compared with ordinary cloud computing power and mining machines, SFIL has the characteristics of sustainable mining. How does it achieve sustainable mining?

Bit Gu: SFIL is a perpetual mining. In fact, Filecoin can achieve perpetual mining in essence, but most mining farms are unwilling to make such concessions and naturally will not operate in this way.

Let us first understand the cost structure of Filecoin computing power: mining machine cost + packaging cost.

We all know that the cost of Filecoin computing power and mining machines themselves is not high. The main costs are the staked coins and GAS fees required for packaging. Therefore, we can speculate that when the SFIL-anchored mining machines need to be iterated, since the staked coins are still there, the official only needs to iterate the mining machines and repackage them. The cost is not very high and can be fully calculated. Therefore, it is not a problem for SFIL to achieve sustainable mining.

Simply put, sustainable mining is not difficult. Generally, mining machines can mine for 3 to 5 years. That is, when the mining machine is upgraded, SFIL will spread the cost of mining machine upgrade into the management fee. The previous 20% hosting fee may be raised to around 25% or 30%. At that time, SFIL will initiate a community vote to determine the hosting fee ratio. In this way, SFIL can achieve sustainable mining.

Interstellar Vision IPFSNEWS : As a way to tokenize computing power, how is SFIL's product design and issuance achieved?

Bit Gu: In fact, the logic of SFIL is very clear. Each SFIL is anchored to 0.01T of Filecoin computing power. Holding SFIL is equivalent to holding computing power. SFIL is the token and certificate of Filecoin computing power. Just like when you buy cloud computing power on some platforms, the computing power platform gives you an account to represent that you hold the computing power of the platform. SFIL is a certificate issued based on blockchain, with transaction attributes and financial attributes, which makes computing power liquid and financial.

In fact, the value anchoring of SFIL is very easy to prove. SFIL's current computing power nodes are f01782 and f035364. A total of 59P computing power is held, and SFIL has issued 20P computing power. That is 2 million pieces, so SFIL is an over-pledged computing power token. Moreover, after SFIL is purchased in the secondary market, the funds will be immediately invested in the computing power market to ensure that SFIL always has sufficient computing power for profit settlement.

Interstellar Vision IPFSN EWS: It has been observed that all product forms in the current computing power mining field are inseparable from the physical mining machine itself. What supports the continued value of SFIL? What are the risk points?

Bit Gu: SFIL is the tokenization and financialization of mining machines, and is naturally inseparable from Filecoin physical mining machines. The continued value of SFIL naturally comes from the anchored Filecoin computing power. We believe that SFIL itself has no risks. If there must be risks, we believe that they come from Filecoin itself.

Interstellar Vision IPFSNEWS: What is the investment value of SFIL computing power token?

Bit Gu: The underlying value of SFIL is anchored to Filecoin computing power. When FIL increases, packaging costs increase, and computing power prices increase, SFIL will naturally increase. This is the underlying value logic of SFIL. Therefore, SFIL will continue to appreciate as the Filecoin ecosystem develops. After the cloud computing power service cycle ends, miners receive FIL mining income, and then the contract ends, and miners have nothing to do with the entire Filecoin computing power ecosystem.

When SFIL is mined for 540 days, you can choose to continue mining or sell SFIL in the secondary market. And because SFIL is anchored to Filecoin computing power, with the development of the Filecoin ecosystem, the price of FIL per T computing power will definitely continue to grow. After 540 days, SFIL will even exceed the original purchase price. Then users can not only get FIL mining income, but also get income from selling SFIL, which is a very considerable additional income. This is a right that cloud computing power does not give you, because cloud computing power only intercepts a period of mining rights and interests for you.

So, let’s look at the essence of SFIL.

SFIL is a token anchored to Filecoin's computing power, with 100% non-differentiated mining income. At the same time, SFIL is anchored to the development dividend of the entire Filecoin ecosystem and is similar to the "stock" of the Filecoin computing power ecosystem. As the Filecoin ecosystem continues to develop, the stock will naturally appreciate. This logic is very clear.

Therefore, whether from the perspective of mining income or return on investment, SFIL far exceeds the current Filecoin cloud computing power and mining machine products. This is a fact that can be verified.

Interstellar Vision IPFSNEWS: Could you please share the value of Filecoin with Bit Gu? What is its future? Is it worth investing in?

Bit Gu: Filecoin's value vision and the vast sea of ​​stars are to become the underlying data network of WEB3. Without the Filecoin distributed data network, WEB3 is incomplete. When we judge whether something is worth doing, we first look at whether its value is great enough.

We all know that the trend of human digital civilization is irreversible. In the future, a huge amount of data will flow into the network, and the current centralized cloud is already overwhelmed. The distributed data storage network driven by Filecoin will become a very high-quality supplement to the future data world.

In addition, there will be great demands for data security and privacy in the future, and Filecoin provides the best solution. Currently, there are three mining giants, BTC, ETH and Filecoin. From the perspective of investment value-added space? Which one is bigger? Obviously Filecoin. How difficult is it for BTC to break through 100,000 US dollars and ETH to break through 4,000 US dollars? And how many times does it take for FIL to reach 1,000 US dollars? It can be said that it is very easy.

Therefore, from the perspective of investment returns, SFIL has higher room for investment appreciation.

【Interstellar Observation】

Filecoin Standard Full Hashrate Token (SFIL) is a token pledged by real Filecoin computing power. Each SFIL is anchored to 0.01TFilecoin standard full storage computing power. Users holding SFIL can obtain corresponding Filecoin mining income. At the same time, users can also trade SFIL in the secondary market and release their own liquidity at any time.

【SFIL has the following highlights】

1. The first Filecoin standard full storage computing power token in the blockchain industry

2. Standard computing power: settled according to the average hourly mining income of the entire network

3. Full storage computing power: Completed packaging, ready to mine

4. Sustainable computing power: outperforms most cloud computing products

5. Superimposed benefits: The project has released 180-day linear benefits since the launch of Gate on February 1st.

6. Computing power enhancement mechanism: If the deposit rate is lower than 70%, the 70% mining computing power enhancement mechanism will be activated

7. Excellent liquidity, can be traded and cashed in the secondary market at any time

8. With both asset support and mining income, you can get guaranteed income regardless of drought or flood

9. No private placement, zero VC, and zero team reservation