Filecoin announces $4 million reward plan for testnet

After Filecoin’s official website announced a million-dollar reward plan for test miners, the editor will show you how to get the reward.

Competition time: Lasts for three weeks, start time to be announced (probably in early July)

Total rewards: 4 million Filecoin tokens (based on the current futures market value of $12 per FIL, a total of $48 million in rewards)

Rewards: The top 100 miners in the world and the top 50 miners in each continent will receive Filecoin rewards based on the amount of storage they achieve for the network during the test period

The prize pool is dynamically allocated according to the total network storage as shown in the following table:

In addition to the promised package storage capacity, miners must also be prepared to successfully complete terabytes of real storage and retrieval transactions to receive rewards.

Reward distribution: Rewards will be written into the genesis block and released within 6 months.

To be eligible for rewards, miners must authenticate their miner ID from the dashboard following the instructions provided and pass an AML/KYC audit before the end of the competition.

The metric used to calculate storage capacity is raw byte power. Sector quality and verified transactions are not taken into account in reward calculations.

Officially recommended hardware configuration

Testing and small-scale mining:

https://pcpartpicker.com/user/tperson/saved/H2BskL

Large-scale mining:

https://drive.google.com/file/d/1QNIMUbEMHvj5LHekKGEPR5nCvhdzIp5e/view?usp=sharing

Refer to the official announcement: http://www.wabi.com/news/27009.html