Filecoin / IPFS, as a veteran star project, is finally online, and it is undoubtedly the most popular blockchain project in 2020. Since its launch on October 15th, it has been unabated and has been sought after by the currency circle and the mining circle. Overlapping this year's overall digital currency bull market, Filecoin/IPFS mining machines are currently hard to find.
Due to the huge heat and shortage of mining machines, the Filecoin/IPFS mining machine market is extremely opaque. The calculation methods of various businesses are very different, and the miners are also at a loss and do not know how to choose. Today, Time Cloud will give you a detailed analysis of the mining principles of Filecoin/IPFS, and how to calculate the efficiency of the mining machine and choose the mining machine.
First of all, we know that Filecoin/IPFS is a storage project. Mining involves storing data by packaging and proving effective storage to the network to obtain effective computing power. According to the percentage of effective computing power in the entire network, block packaging rights are obtained to obtain Filecoin token rewards. Specifically, the steps of mining are mainly divided into the following steps:
1. Copy the proof, the miner packs and seals the data in the format required by the network through the computing unit of the mining machine, and submits the proof to the network. This is what we usually call the mining process of P1, P2, C1, C2. This process is mainly completed by the CPU and GPU, which is the most computationally intensive and time-consuming, and generally takes several hours to complete.
Although Filecoin/IPFS is a storage project, in the absence of official optimization procedures, the main cost of Filecoin/IPFS mining machine is currently the calculation unit, which accounts for more than 60% of the cost of the mining machine. The second is the storage unit, that is, the cost of the hard drive accounts for about 30% of the cost of the mining machine.
2. Time-space proof, that is, after the miner has stored the data in the first step, he must submit a copy proof to the network every 30 minutes or so to prove that the data is still there and stored completely on the mining machine. The chain will also randomly issue a challenge at each block generation time to verify the existence of the data in order to prove the effective computing power of the miners. If the miner does not submit the space-time proof within the specified time, or the verification data on the chain fails, the computing power will be lost. Not only the coins cannot be mined, but the mortgage coins are also deducted.
3. Because Filecoin/IPFS is committed to building a web3.0 storage infrastructure in the future, in order to ensure the security of the effective data stored by the customer on the miner's mining machine, the miner will not lose or damage the customer's stored data at will, so Filecoin/IPFS mining A pledge mechanism is adopted. Generally speaking, if miners want to participate in mining, they must first pledge a certain amount of FIL coins to the network. Currently, a sector (32GB) pledge is 0.23 FIL coins.
Through the analysis of the principle of Filecoin/IPFS mining, we can see: First of all, Filecoin/IPFS mining has very high requirements for technology, operation and maintenance and network. If the technology is unstable or the computer room and network are unstable, it may not be possible to submit the copy certificate and time-space certificate to the network in time. There will be loss of computing power, or even damage or loss of customer data, and the network will confiscate pledge coins.
Therefore, the first step in choosing a mining machine is to examine the technical capabilities, operation and maintenance capabilities of the mining machine manufacturer and the reliability of the mining machine room. Space Cloud has been involved in the R&D investment of Filecoin/IPFS mining machines and ecology since 18. Exclusive research and development of FILPool mining pool cluster system, customized distributed bare device file system.
First, Spacetime Cloud has established a five-star IDC computer room, equipped with a professional 7*24*365 operation and maintenance team. Ensure the network speed, bandwidth, stability, and security of the mining machine cluster, and at the same time make a long-term layout for future effective data applications.
Second, the core of Filecoin/IPFS mining machine's computing power is actually the speed of packaging and packaging data, that is to say, the main inspection of mining machine is how much T effective data can be packaged every day, not how much T is storage space. There are many manufacturers on the market that only advertise how many Ts of storage space there is, without specifying how many Ts of effective computing power can be packaged per day, or how many days can be packaged for effective storage. This is basically a secret exchange concept, causing miners who don't understand to think that storage is computing power. In fact, no matter how large the storage is, it cannot be converted into effective computing power without packaging, and it will not actually produce currency.
Therefore, when choosing a mining machine, a miner must figure out two parameters: calculation of packaging efficiency and effective storage space. Only in this way can they be compared between different mining machines.
The third is physical storage and actual storage. Generally speaking, Filecoin miners usually make storage backups in order to ensure data security. Due to technical differences between vendors, backup space ranges from 20% to 50%. This results in a huge difference in the actual effective storage of different mining machines for the same physical storage space.
Therefore, when choosing a mining machine, be sure to determine whether the so-called "computing power" is actual storage or physical storage, so that the cost of the mining machine can be calculated more accurately.
In summary, because Filecoin/IPFS mining is different from traditional POW mining, it is relatively complicated. The parameters of mining machines on the market are also confusing. As a miner, when choosing a mining machine, you must first understand the technical strength, operation and maintenance capabilities of the mining machine manufacturer, the network stability and security of the computer room; secondly, you must know the packaging speed and effective storage size to be able to work in different mines. Make a comparison between the machines and choose a cost-effective mining machine to avoid being fooled.
Investors who want to learn more about IPFS and Filecoin can follow the official website of the IPFS Chinese community: http://ipfs.cn The official website of Space Cloud Technology: http://yunos.io