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Why is the IPFS test network’s computing power disconnected (IPFS computing power earnings)?

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Why is the computing power of the IPFS test network disconnected? Editor\’s note:

Why is the IPFS test networks computing power disconnected (IPFS computing power earnings)?

Why is the computing power of the IPFS test network disconnected? Editor’s note: This article is from Odaily Planet Daily and is authorized for reprinting.

Around 9:40 a.m. this morning, the computing power of the IPFS test network was disconnected! Why did this happen? In yesterday’s live broadcast, I found that some users encountered problems causing their accounts to freeze or become unable to log in. This prompted many people to worry about the situation, such as what to do if a miner encounters problems recently? The reasons are actually quite simple: 1. The mining machine manufacturer didn’t deliver to customers, causing price fluctuations. 2. If the mining machine seller wants to sell coins, it usually affects the price and market sentiment. However, we are still in the early stage, so this possibility cannot be ruled out, and everyone should not rush to buy coins for now. Technically, this is understandable, and it is indeed a good thing for the market because it does affect the price of Bitcoin. The same goes for mining pool companies. Additionally, since the mine owners are neither professional hardware providers nor software developers of professional operational organizations, it is difficult to guarantee the normal operation of the network. Therefore, even on the Filecoin test network, some players decided to quit in order to obtain profits. As a result, after a period of time, the official announced that they would stop charging miners fees.

So why did the miners choose to leave? It’s because of this statement: “Look at the relationship between the number of blocks mined and time, and you will find that each block had one second of time and at the last 10 minutes, a chain ended.” This was a typical failure case—5%-6% of the total network’s computing power dropped below 5G, and then the hash rate was further adjusted, eventually reaching 6 seconds. Of course, this is far from the actual situation, and there may be other reasons as well.

1. When a block is too slow, miners may not be willing to pay transaction fees, and the cost is high, which is a common occurrence. 2.

On the morning of February 8th, it was reported that a mining machine pre-sale activity was registered with the name “BitMax,” which used 5 million FIL tokens to purchase storage space. The exchange also provided new coins worth $10 million. According to CoinMarketCap, as of 4:30 p.m. on November 17th, FIL was priced at approximately $19.4 per unit.

It is reported that at the current pace, it will take about 7 days to complete all chip transfers. However, if the previous plan is followed, there may be several rounds of pump and delay in launching.

3. Although the current market value is already very high, it is uncertain whether new projects will be launched in the future, so it shouldn’t come so soon, right?

IPFS computing power earnings

According to data from IPFS100.com, the IPFS mining income reached a peak of 125% of block rewards on February 15, which is about 13 yuan calculated at the current price.

Currently, this computing power can obtain approximately 60,000 ETH on the Ethereum network (worth nearly 20 million yuan). This means that as long as users hold a certain proportion of IPFS computing power, they can receive returns from mainstream assets such as Bitcoin and Ethereum. If users do not allocate part of their computing power and conduct arbitrage, they may not be able to obtain income, so the IPFS team has decided to compensate users for losses caused by such situations with part of the profits. Of course, a very small number of people may choose to directly sell their own wallets or purchase IPFS tokens through third-party exchanges to earn income.

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