On October 15th, the mainnet was finally launched, which allowed Juan to completely get rid of the title of "Ace Pigeon". After the launch, the FIL token was launched on major exchanges, and even reached the height of 220 US dollars. At this point, Filecoin has reached a high-profile moment, and this time it will attract everyone's attention in 2017. V| jasonbody
With the high price of FIL, the most complicated mind is the miner. First of all, the price of FIL far exceeds the expectations of miners and investors. This shows that everyone is optimistic about the prospects of Filecoin, and the future prospects are naturally clear; but Filecoin's The pre-mortgage mechanism brought about by the economic model makes FIL have to face the dilemma of insufficient pledged currency under the high price of FIL.
Therefore, miners are faced with two choices, whether to collect high-priced coins to continue to participate in the pledge to increase computing power or to temporarily cash back the blood? At this time, buying collateral means risk and financial pressure, while cashing out means launching the game.
In fact, the dilemma of pre-staking has already attracted the attention of miners before the mainnet went live, but after the mainnet went live, this kind of controversy triggered various controversies, resulting in an even more intense game between miners and the official. The core points of the game between the two parties are the release rules of block rewards and the pre-sector pledge in the economic model.
The current amount of pre-stake is 0.17 Fil/sector (32GB storage space). This means that miners are facing high FIL after investing heavily in hardware, and the amount of pledge is not low, and all miners are under great pressure.
What's more pitted is that when miners purchase a large amount of pledged coins to increase their computing power and obtain rewards through block production, they will face another problem: the 180-antenna release period. In other words, even if the miner mines 180 FIL at one time, under the 180-day linear release mechanism, the miner can only get 1 FIL per day.
Did you find the clues based on the above description? The block reward newly produced by miners is not enough for the pledge of the sector, and if you want to increase the chance of block generation, you must continue to buy FIL pledge. Therefore, the miners are stuck in a dead end and can only be deeply stuck in the pre-stake mode.
Moreover, the top miners currently account for the majority of the computing power of the entire network. The top 20 miners account for more than 50% of the computing power. These miners have a huge number of machines and require a large amount of pledged coins. The purchase of these pledged coins is a huge sum of money. Therefore, even if the main network is already online, these machines cannot be fully put into operation.
For small and medium miners, their computing power is low, and the probability of block generation is regional computing power, so block rewards are small, and the gap for pledge is also relatively large.
Therefore, the current situation of the miners is almost in a dilemma: exiting the stop loss at this time means that all the previous investment has been lost, and the continued mining will face the problem of pledged coins.
The game between miners and Filecoin official
The reason why miners are facing the current predicament is that they have fallen into a disadvantage in the game with the official, and the most profitable in this economic model are the early investors and project parties. At this time, the miners are also reduced to the official receivers. And leeks.
After the FIL went online on the exchange, the huge enthusiasm allowed investors in the secondary market to see the opportunity to make a profit. A few minutes after the FIL went online, the price rose all the way to 220 US dollars. After that, no FIL flowed into the exchange. To 40 dollars.
Judging from the current results, investors and officials have made the most profits. Relatively speaking, while paying custody fees, do miners still have the courage to collect coins on the market? Buy at the current price, and the entire pledge period is 1 year and 24 weeks. Who can guarantee that when the pledged coins are released, and at this price, no one has any idea.
So the current situation is that some miners shut down some machines to reduce the rate of computing power growth, some are biting their teeth to buy pledge coins, and investors continue to release FIL arbitrage to leave the market.
Therefore, we have seen that a few days before the launch of the autonomous network, there were complaints in the entire miner circle. The miners have united and played a game with the official concentration to find a way for the miners.
According to the latest news, the proposal for the newly adjusted block reward release rules to safeguard the interests of miners has been passed. Change the previous 100% block reward into the 180-day release cycle to 20% block reward to be released immediately, and the remaining 75% enter the linear release cycle. At the same time, the number of pledge coins in a single sector is gradually decreasing.
Under the new rules, the pledge pressure of miners is greatly eased, and the demand for the secondary market by miners is reduced, so FIL prices will be lowered.
Although the new rules can reduce the current dilemma of Filecoin, in the long run, the challenges that Filecoin faces are far more than that.
Filecoin needs to prove its value after the mainnet goes live. At present, the computing power of the entire network is close to 600PB, but most of them are useless data. These data cannot bring value to the Filecoin network. Only the influx of real data can bring Filecoin to Value.
How to promote more effective data flow to the Filecoin network? How to attract users to adopt Filecoin storage services determines the space and time of Filecoin ecological development. And these are inseparable from the development of Filecoin's application ecology and the improvement of technical perfection. Promoting these is not only the important task of the Filecoin project, but also what all miners must promote if they want to recover the initial purchase hardware investment.