Standard hashrate token SFIL: making Filecoin mining easy

Mining has always been the cornerstone moat of the encrypted digital field , and mining machines are the main means of production for miners to obtain income. Due to the particularity of Filecoin storage mining, Filecoin mining still faces many problems, such as high unit price of mining machines, high pledge cost, high gas fee consumption , poor liquidity of mining machines or nodes, and obvious time effect... Any threshold can keep ordinary investors in Filecoin mining out.

The emergence of cloud computing products has indeed improved the market structure. "Cloud mining" can indeed effectively integrate market computing power, allowing users to participate in the mining of projects such as Bitcoin, Ethereum, Filecoin , etc. without purchasing mining machines.

However, what is eye-catching is that a new round of innovations has brought new changes to the Filecoin mining market . The emergence of Filecoin standard Full hashrate Token (SFIL) - the Filecoin standard computing power token, has brought new impacts to the mining market with the new business model of computing power tokenization. The computing power tokenization track seems to be quietly rising.

The tokenization of computing power, as the name implies, is the tokenization of computing power assets. The issued tokens are anchored to the real effective computing power of the nodes. This design will undoubtedly completely lower the threshold for user participation. It helps users skip the tedious process of selecting mining machines and mining farms, and only need to publicly verify the nodes directly.

As a pioneer in the FIL computing power tokenization track, SFIL seems to have seen the current predicament of the Filecoin mining ecosystem and is trying to solve this problem. This is of great significance for the Filecoin storage mining industry, which has high barriers, high complexity, and ultra-low liquidity.

How can SFIL re-endow the Filecoin mining market with value and expand the ecosystem? How can it bring zero threshold and more value to investors? This is a question worth pondering.

As the first computing power token project in the Filecoin mining field, how does SFIL build a more transparent, efficient and free Filecoin mining ecosystem?

1. Transparent mining mechanism

Mining in the Filecoin field has always lacked a market mechanism with unified standards and transparent information, such as data on mining revenue distribution and management fees. Long-term confusion will inevitably affect market efficiency. SFIL tokenizes effective computing power. Each token corresponds to full effective computing power. 1 SFIL represents 0.01T effective computing power, which completely achieves standard transparency of mining.

2. Sustainable mining mechanism

Compared with the 365-day or 540-day mining service cycle on the market, SFIL pioneered a perpetual mining service. Users can continue mining as long as they hold SFIL, which greatly increases the mining time and income. This alone may be able to beat most cloud computing products on the market.

3. Real computing power anchoring and computing power support

Each SFIL is anchored to real and effective computing power, and the cost price of computing power becomes the price support for SIL, which makes SIL different from any other digital bubble.

It is worth emphasizing that S FIL is currently supported by the computing power of two major mining nodes: f01782 and f035364 , with a total effective computing power of 59P, equivalent to approximately RMB 250 million in assets. Investors can hold coins and mine with greater confidence, and can also check the node operation status at any time through the block browser.

*SFIL anchored node data

4. Lower the threshold for mining

Currently, the cost of Filecoin mining in the open market for 1T of full storage computing power ranges from about US$700 to US$1,000. The SFIL mechanism splits the original computing power units so that even small funds can participate directly. Holding SFIL can obtain the 0.01T FIL effective computing power corresponding to each token anchor.

Obtaining SFIL in the trading market is equivalent to holding the corresponding effective computing power, which has achieved almost barrier-free Filecoin mining.

5. SFIL’s liquidity guarantee

Based on the different needs of " mining preference users " and " transaction preference users " for market liquidity, SFIL introduced a "70% mining income guarantee mechanism". All users holding SFIL must complete wallet staking before they can receive FIL mining income; even if the staking rate is less than 70% of the total, all pledgers can always obtain 70% of the total computing power.

Such a price game mechanism, combined with the volatility of the crypto market, will to a large extent further activate the full liquidity of SFIL itself.

6. Expanding Filecoin consensus

A large ecosystem needs to be supported by a variety of projects. For example, the various sectors of the ecosystem on Ethereum have gradually formed a closed loop. Although the Filecoin ecosystem is just getting started, more applications and tools will appear.

The development of SFIL can contribute to the Filecoin ecosystem, while introducing users and funds into ecological construction and continuously expanding ecological consensus.

SFIL is a hashrate token. By comparison, we can clearly see that SFIL has great advantages over mining machines and cloud computing. Its advantages in reliability and risk resistance open a window for ordinary investors.

*Comparison of the three major mining methods

Users can also use this call option with no liquidation point to hedge the risks of their investments. Especially deep players of Filecoin can use SFIL to hedge risks according to changes in market conditions.

From the perspective of the entire track sector, the current computing power coin market has a relatively long dividend period.

After Binance launched the DeFi+Bitcoin computing power coin BTCST, the coin price far exceeded the actual price by 8-10 times. The long-term stable development is to make the trend of coin price and output value relatively stable.

From Interstellar Vision’s perspective, the computing power tokenization track has not really exploded yet. For example, after the DeFi track exploded, all DeFi-related projects have seen good growth. Now the market sectors are rotating rapidly, and the explosions of NFT , storage, cross-chain, DAO, insurance, privacy and other tracks are likely to explode rapidly in a short period of time.

The computing power tokenization track is in its early embryonic stage, and there are relatively few projects on the market. Once it becomes popular, the carnival mood in the bull market will quickly drive the popularity of the entire track, and fanatical speculators will drive the explosion of projects.

In a sense, the value of SFIL has actually gone beyond mining itself, which also provides SFIL with more application scenarios and imagination space.

SFIL, like most computing power tokenization projects, is still in its early stages. From the development roadmap, SFIL has initially anchored the physical assets of Filecoin mining, and SFIL has also minted two batches, with plans to expand the underlying computing power to 100P in the future.

*SFIL development roadmap

At the same time, SFIL launched the Starry Project, which will unite effective mining nodes with good reputation around the world. As long as the mining node can prove that it has ownership and control over the contributed mining equipment and mining capacity, and passes the risk assessment of the project management committee, and the mining efficiency is not lower than the average mining efficiency of Filecoin, it can participate in the Starry Project.

By then, SFIL will become a platform, allowing a large number of miners to contribute their standard computing power, providing users with more possibilities for participation.

With a new business model, steady development and operation, SFIL has indeed created obvious business competition pressure on cloud computing platforms at this stage. Seeking more benefits for users - this is likely to become a strong moat for SFIL.

The trend and future development path of this new track of computing power tokenization will gradually become clear, and the new model behind it will once again promote changes in the cloud computing power market, while standardizing the entire new market rules and also helping Filecoin miners.

SFIL has currently launched Gate and BIKI . The capital efficiency brought by its high liquidity will attract more new users to pay attention to the Fil ecoin ecosystem, which is also a big step forward for the entire ecosystem.

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