Why does Filecoin need to mine the first mine? The profit difference is 10 times?

Author: Kaito KIDDD Source: Zhihu

Link: https://zhuanlan.zhihu.com/p/149192060

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The Kaito expects that there will be a high dividend period of 1-3 months, so there is only one chance to grab the FILECOIN chips worldwide! You must catch up. Let's review the FILECOIN coin issuance model first:

Let’s take a look at the 60-year mining revenue curve of FIL. Unlike Bitcoin, it is an exponential decline, and the daily block reward will become less.

In the first year, miners can mine 150 million coins, but in the sixth year, there are only 85 million, which is half less .

Therefore, we must rush to start mining. The mining volume in the first year is the largest, and the first month of the first year is the most demanding. At the beginning, the number of mining machines is the least , so on the first day, the coin production per mining machine is the highest . Since we want to mine FIL, how can we not plan in advance?

The Kaito expects that there will be a high bonus period lasting 1-3 months, so there is only one chance to grab the bonus of FILECOIN chips worldwide! You must catch it.

Mining machine delivery takes time

This is the process from the purchase to the listing of the XX miner recommended by Kaito before. It is guaranteed to be completed within 60 days. Now the supply chain of various hardware has become tight. If you want to mine, you have to grab the mining machine as soon as possible. After the main network is launched, the ordering time will be extended. Within 60 days does not necessarily mean 60 days. As long as you catch up with the next batch, you can ship it, which may be 2 weeks or 4 weeks.

How much coins will the first mine produce?

If there are 40,000 to 50,000 96T effective mining machines in the world, then at the beginning, it is 630,000/4= 15 coins/day/machine, and conservatively, 10 coins/machine. For the top miners, it is no problem, but this is limited to the first 1-3 months of mining. And then with the influx of large funds from the outside market, the capital of the currency circle, and the vigorous development of the FILECOIN network, more people will definitely buy mining machines, thereby pushing up the price of coins and mining machines, as well as the price on the supply side, driving the development of the entire storage industry and chip industry. In addition, the block rewards of coins are getting smaller and smaller. It is not an exaggeration to say that the amount of coins produced in the next year will be 10 times different from the initial coin. After one year, the income of mining machines will gradually shift to storage income, and after 3-5 years, retrieval income will become the majority. In any case, FILECOIN mining machines are basically a sure win , because the cloud storage business is so big and so easy to do~