Staking is mining, Filet opens a new era of Filecoin mining!

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On July 7th, Filet, a mining platform for Filecoin mining power, was officially launched. Filet is a decentralized cloud mining power service platform that connects high-quality business miners and miners around the world, tokenizes Filecoin mining power, and allows mining power to circulate freely in the market. The appearance of Filet broke the current high threshold and high investment situation of Filecoin mining, allowing all investors to participate in Filecoin mining through Filet.

As we all know, in more than a decade since the birth of Bitcoin in 2008, the crypto industry asset has exceeded a trillion market value. After more than a decade development in the mining market, giants such as listed companies have also emerged, and countless myths of wealth creation have been staged. Today, the appearance of the Filecoin project is another once-in-a-lifetime opportunity for miners.

Filecoin mining consists of different basic conditions, such as hardware solutions, IDC room, network, operation and maintenance technology, and optimization of mining procedures. But no matter which method it is, the only thing that cannot be bypassed is the staking currency.

So what is staking currency? When miners begin to participate in Filecoin mining, they become storage service providers and provide storage services to the network. They first need to announce their service details to the network, that is, how much storage space they plan to provide, how long the storage period is, and the storage service they want to charge cost of. The pre-staking is to provide a certain amount of staking tokens to the network according to the size of the storage space provided by the miners.

High hardware configuration, coupled with valuable staking tokens, the cost of purchasing mining machines to participate in Filecoin mining has become very high, especially the investment of millions and tens of millions in cluster mining is even more daunting for ordinary investors. Even if there are funds to participate in Filecoin mining, problems such as runaway miners, delayed delivery of mining machines, slow packaging, etc. will cause great losses to miners, and miners have purchased mining machines or mining power, and may not be aware of the actual daily income generated. The final benefits may be far lower than the actual benefits.

In this background, Filet was born, committed to providing a decentralized, transparent, open, and truly credible mining platform for miners. First of all, users can directly stake FIL on Filet to obtain the corresponding cloud mining power for Filecoin mining. For users holding FIL, compared with traditional mining machines or cloud mining power mining, this method of mining does not require any cost. All hardware equipment and operation and maintenance are provided by the Filet platform. After the expiration, users can also redeem the staked FIL.

In addition, Filet will issue a token called FILE. Each FILE token strictly corresponds to 1G of Filecoin mining power. The total circulation is 200P*1024*1024=209715200, corresponding to 200P of Filecoin mining power. Users only need to stake FILE to obtain Filecoin mining power, and stake a FILE to obtain 1G of Filecoin mining power. Moreover, FILE can be traded freely in the market, and the mining power corresponding to FILE can be sold to others.

So how can I get FILE? On the one hand, it can be purchased directly on the market. On the other hand, when users stake FIL on the Filet platform to obtain cloud mining power for mining, they can choose to redeem the corresponding amount of FILE before the expiration date, and the FILE can be sold in the market after redemption. You can also stake to obtain cloud mining power on the Filet platform to continue mining.

Currently, Filet cooperates with the largest Filecoin mining pool in North America. In the future, with the further development and improvement of Filet, more high-quality mining pools will be connected to provide mining power for miners, truly connecting mining pools and miners, and becoming a gathering place for global miners and mining pools.

The appearance of Filet completely broke the current difficult situation of Filecoin mining, giving all investors the opportunity to participate, and truly allowing Filecoin’s mining power to flow in the market. Filet will also open a new era of Filecoin mining!

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Filet Finance - Decentralized Filecoin Staking
Filet Finance - Decentralized Filecoin Staking

Written by Filet Finance - Decentralized Filecoin Staking

Leading decentralized Filecoin staking protocol. Filet fully supports FVM and bring Filecoin to DeFi. Filecoin, BNB network supported. 20% APY www.filet.finance

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