Rumors and questions about Filecoin and mining

Recently, I heard some rumors about IPFS & Filecoin. Here we select the most common questions for analysis, not official answers, please judge by yourself.

1. The IPFS mainnet will be launched in June 2018?

IPFS went online in 2015

2. The Filecoin mainnet will be launched in June 2018? Will the launch be delayed?

The official did not specify the launch time, nor did it advance or postpone it. The maximum evening launch time specified in the white paper is July 2022. It was speculated by everyone (unofficial) in June 2018, and the actual situation needs to be verified.

3. How to buy FIL?

The official stated in the Update on January 1 that all financial derivatives (options) are now online on the exchange. The official is opposed to blind speculation of coins, focusing more on the technology itself, and pushing forward the project steadily.

4. What is the FIL currently on the gate.io exchange?

Futures contracts, not actual FIL tokens

5. Do I need to purchase mining machines in advance?

What mining machine to buy? Filecoin hasn't come out yet. It's all mining machine manufacturers that come out to advertise, and the reasons are self-explanatory. The risk of buying a mining machine is objective. The most feared thing is that Filecoin does not match the hardware you bought, which is embarrassing.

6. Do I need to buy hard drives in advance?

After Filecoin goes online, the hardware may be in short supply and prices will rise. But in the long run, as long as more and more people use the Filecoin & IPFS network, the price of hardware will eventually come down.

7. Will Filecoin store illegal content?

Each miner stores file fragments and will also be encrypted. Therefore, even if the miner's hard disk is obtained, the entire content cannot be recovered from the hard disk, which protects the miner. Technology is a double-edged sword, there is no right or wrong.

8. How to better lay out mining after the mainnet goes live. With data storage needs, the hard drives of miners are truly valuable. At present, the utilization rate of IPFS in foreign countries is higher than in China, and it is possible that the initial rate of return in foreign countries will be higher than that in China. Before the real mining rules came out, all the imagination about mining was a hooliganism. Read the white paper to understand the basics, make decisions and then move.

It does not constitute any investment advice and is for reference only.

Rumors and questions about Filecoin and mining

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Origin blog.csdn.net/vx_idwfut/article/details/113105125