Wednesday 18 August 2021

FileCoin to Surpass Bitcoin in the future?

As the pioneer and weathercock of the cryptocurrency market, Bitcoin fell by half in May last year, making it more difficult to mine! However, Bitcoin mining projects were completely eliminated due to inherent defects such as excessive mining energy. There is no real good project for Bitcoin miners, and this provides an excellent opportunity for the rise of FIL.

The mainnet of FileCoin was launched on October 15, 2020. Let's take a look at the overall trend of FileCoin. FIL is on the mainline and has been fluctuating around 20 U! At that time, it was still going high and then low, fluctuating slightly. This is the bottoming stage, the more stable, the greater the upside potential. There is a minimum production cost price for a product, and so does currency. In general, the launch time of FIL is very short, and there is still a long way to go in the future. Bitcoin mining has grown to tens of millions of times after more than ten years, and the cost of Bitcoin mining is also lower. high. Currently, FIL currency miners enter the market, and they are very likely to become early Bitcoin miners in the future!

FileCoin

Five advantages ensure that FIL miners get huge profits:

First, the price of Filecoin has fluctuated greatly since its launch, and the currency price is in the initial stage of development. The impact of higher currency prices on the income of miners is limited in the early stages, but lower currency prices can reduce costs.

Second, the filecoin mainnet has been online for less than a year, and the earliest reference Btc appeared in 2009. It has gone from no one to a ten-thousand-fold increase in value. Whether it is btc or Ethereum, it is not a linear appreciation, but a rampage between big and small bulls and bears.

Filecoin has established a special economic model that requires miners to prepare a certain amount of fil as pledge and gas in advance. Purchase demand, the total demand can be calculated.

Fourth, FIL faces a trillion-level storage market and has practical storage applications. Filecoin provides a massive data storage architecture to meet the needs of the times. The referenced storage resources, retrieval services, bandwidth resources, and construction of the next generation Internet system.

FIL's attention has shifted from retail investors to institutions. The increase in holdings of Grayscale Digital Assets is enough to explain everything. Therefore, many analysts believe that the future development of FIL coins is immeasurable.

In fact, the most promising project in recent years is IPFS. During this time, most of the funds in the circle will flow to the filecoin distributed data storage industry! FIL mining is bound to become more and more popular! The FIL coin mainnet has been launched for less than a year, and the earlier the layout, the more early the dividends will be.

IPFS Virtual Currency

But markets shows that all such claims seem to be mere spins and hypes attempted by FileCoin's stakeholders...

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