With only 10 days left until the Filecoin rewards competition, major IPFS manufacturers, investors, and builders are actively preparing for the 4 million Filecoin Grand Prix.

Unlike the testnet stage, the 4 million Filecoin competition is a "real money" competition. Judging from the FIL futures launched on major exchanges, the value of a single coin has reached 374.32 yuan, which shows that the value of the 4 million Filecoin competition has reached 1.5 billion yuan! Even if the lowest 87 yuan is used, the reward amount is as high as 340 million yuan.

Judging from the recent performance of Filecoin miners and the market's enthusiasm for investing in Filecoin, the fierce battle for these 4 million FIL is definitely worth looking forward to.

In addition to "real money", the 4 million Filecoins are also a battle for survival for mining companies, showing off their muscles and competing for strength. Therefore, companies have already reached a state of preparation, grabbing people, grabbing machines, and grabbing the future.

Talent competition : IPFS algorithm engineers have become popular in the talent market, and hesitant investors have become the targets of competition in the Filecoin field. If you want to make a breakthrough in the market, the key lies in the performance of the 4 million tests.

Grabbing machines : With the confirmation of the SDR algorithm, AMD machines have more advantages than Inter in Filecoin mining, but in fact AMD does not occupy a large market share, which has also led to a rapid rise in hardware prices. Grabbing machines has become the most important thing for current miners.

Grab the future : Servers are rising in price as hardware prices rise, but correspondingly, IPFS server investment is rising. Top vendors want to expand their market influence, mid-tier vendors want to increase their market share, and bottom vendors want to survive. The 4 million Filecoin competition is a good time for miners to show their skills.

The filecoin mining tutorial was updated on the IPFS official blog China. This is the first filecoin mining tutorial launched by ProtoSchool.

This proves that the official is ready to deal with the 4 million Filecoin competition. At the same time, in order to stabilize and accelerate the network ecology, a Filecoin dev grant self-help program is also implemented to provide some network contributors.

This further shows that in the eyes of the authorities, this is the largest "military exercise" before the mainnet goes live. The highlights of this exercise include :

1. Encapsulation rate of replication proof in the current version

2. Packaging performance with a computing power of more than 5PB

3. Other mining bottlenecks

4. Major events in the mining process

5. How to optimize mining software

6. Growth rate of effective computing power per unit cost and unit time

1) First of all, I can tell you that the 1475 team is already actively preparing for this large miner test plan. On the one hand, it is a practical exercise of its own capabilities, and more importantly, it is assisting the official in stress testing the chain.

2) It is recommended that miners evaluate whether it is necessary to participate in this test based on their own needs and input-output ratio.

3) The results of this large miner test will inevitably play a key role in whether the conditions for the mainnet launch are sufficient, and will test the security, stability and compatibility of the chain.

4) Finally, partners who wish to participate in the 5PB large miner test can join the 1475 mining pool. The features of the 1475 mining pool are:

① Breaking through the restriction that clusters need to be in the same local area network, the mining pool supports cross-computer room and cross-external network collaboration;

②Support access to massive miners, without computing power growth bottleneck;

③ Low access threshold, supporting access to mining machines without GPU;

④ Enjoy the 1475 efficient mining algorithm to rapidly improve mining efficiency;

⑤ The computing power and coin data are transparent and open;

⑥Provide API data interface for partners.

As the double champion of the second test computing power list and the block explosion list, 1475 has made sufficient preparations for the upcoming 4 million Filecoin competition and the mainnet launch.

1475 has enough AMD chips in stock, and the unique optimized algorithm maximizes the "input-output ratio"! Therefore, choosing 1475 is the most correct and profitable choice. If you are still hesitant, then this 400Filecoin competition is definitely the best reference.

The purchase of mining machines is the most effective investment at present, but any investment will have risks. At present, the market is mixed, and mining machines with insufficient qualifications are the biggest risk. For example, the machine has poor performance and cannot mine coins; there is no spot and cannot participate in the first mine.

Therefore, we believe that the safe pursuit of high returns in the early stage of Filecoin mining machines is the best approach, while focusing on costs in the later stage is the key. Once a pie falls from the sky, there must be a trap on the ground.

If I were to give Filecoin miners one sentence of advice, it would be that we should always remember: "Investment is risky, so be cautious when entering the market."

The cryptocurrency world is a very high-risk investment. You must use funds that you can control to participate in the investment, listen and watch more, look at this matter from different angles, and improve your own cognition.