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This article was originally written by IPFS Force District Bai Li Filecoin is the incentive layer of IPFS technology, a blockchain technology and a decentralized storage network that transforms cloud storage into an algorithmic market. Miners earn FIL tokens by providing data storage and retrieval. Conversely , customers pay for the storage, distribution, and retrieval services provided by miners. Filecoin token distribution mechanism Filecoin's distribution mechanism - 70% of the tokens are obtained by miners, which encourages miners to provide customers with high-quality and reliable storage services through continuous data storage and cryptographic proof. When talking about the popularity of Filecoin, we have to mention the storage war that has already been in a fierce battle. From Amazon launching AWS and taking the lead in the cloud computing industry to Microsoft CEO Nadella investing heavily in cloud services and establishing the industry's second position with Azure cloud services, to the subsequent rapid deployment of IBM, Google and Alibaba Cloud, we can see that just when these companies were fighting each other, blockchain was born and directly targeted the lifeblood of the storage business of these Internet giants. The reason is that these centralized storages led by Amazon and Microsoft have many drawbacks, such as frequent privacy leaks and data security issues, and also their high prices. However, when it comes to blockchain, Bitcoin and Ethereum, the two most successful blockchains, also have some bottlenecks. The problem is that they only carry data in small ledgers. But the amount of data we generate today is too large. According to the "Data Age 2025" report released by IDC, the amount of data generated worldwide every day will reach 491EB in 2025, and the cloud storage market will reach US$75 billion in 2021. The emergence of Filecoin can solve the storage problem of big data. A secure and private next-generation network can be realized with the widespread application of Filecoin. Filecoin will lead the arrival of the web3.0 era. Data storage will become safer and more economical due to the emergence of Filecoin, and data transmission will also become more efficient.
Currently, there are two modes of participating in mining in the market: purchasing a single mining machine for mining or purchasing cloud computing power with a cluster architecture.
There is a difference in the data trend between cluster architecture and superimposed mining machines. The computing power growth of superimposed mining machines is very linear, and the scalability is relatively weak. The trend chart shows linear growth and occasional cliff declines, while the cluster has exponential growth trend space. When facing network or node operation problems, the cliff decline can be better avoided and corrected in time.
Compared with mining machines, what are the advantages of cloud computing power? It is very friendly to novice investors, with a low investment threshold, and does not require them to delve into algorithms, examine hardware, etc.
Compared with purchasing expensive mining machines, the price is relatively low, suitable for investors from different classes to participate;
Additional services: Generally, cloud computing providers provide one-stop services, including professional operation and maintenance, and customized software. For investors who buy mining machines, this may require additional experience and money for maintenance.
There is no need to consider the iterations caused by network changes, as they have been solved by the platform itself;
Strong liquidity. Cloud computing power can be purchased and used at any time; for mining machines, you need to wait for delivery after purchase, and then deploy, operate and maintain them after delivery. It may take a long time to complete the deployment, and you may miss the market, not to mention that the supply of hardware equipment is so tight now.
If cloud computing power has a disadvantage, it is probably that it is time-limited, generally one year. Another point is that miners cannot DIY their own equipment, and it is usually the platform that decides what equipment to use and how much computing power to generate.
It is recommended that individual investors carefully evaluate when making choices, choose manufacturers with real technical strength, and avoid risks reasonably.
The architecture of the Force Mining Pool
Reference standards and parameters When it comes to standards and parameters, in fact, observing the operation of nodes from certain data on the test network can reflect part of the level. However, it is still relatively one-sided if we only look at it from the test network stage. We can see the on-chain data related to each node from the block browser filscan.io, including the core computing power, growth rate, and revenue, but we cannot speculate how much software and hardware input is behind this output result. In addition to the initial speed of listing when a major network version is updated (an update with landmark significance), it is recommended that you pay attention to the relationship between node computing power and vote winning rate.
Of course, many people are paying attention to the performance of the current test network. Being able to achieve good performance on the test network is first of all a demonstration of technical strength. Finally, I still say that you should be cautious when entering the market, and don’t blindly believe in the computing power rankings~ Statement: This article is an original article from IPFS Force District. The copyright belongs to IPFS Force District. It may not be reproduced without authorization. Violators will be held accountable according to law.
Tip: Investment is risky, so be cautious when entering the market. This article is not intended as investment and financial advice. |
