Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Filecoin mainnet has officially launched, inviting users to engage in transactions, store information, and earn FIL tokens. This innovative network achieves remarkable economies of scale by enabling anyone to act as a storage provider, thus monetizing their available hard drive capacity. It is structured to offer rewards across various tiers of participants, ranging from expansive data centers to local entrepreneurs equipped with mining rigs that serve the final stretch. Miners use a combination of disks and hardware to secure storage contracts, store data, and accumulate Filecoin. configurations for mining can vary widely, from ordinary desktops to extensive setups with multiple disks and computational power. Unlike traditional proof-of-work systems, the model focuses on the tangible value of storage, where increasing your file storage directly correlates with earning more block rewards. The more storage you contribute, the greater your potential Filecoin earnings. Furthermore, the Filecoin retrieval market incentivizes miners to quickly deliver data, enhancing overall network efficiency and user satisfaction. This interconnected ecosystem promotes a thriving marketplace for data storage and retrieval, fostering innovation and collaboration.
Description
Collaborate with fellow miners to uncover blocks collectively, where any successful discovery results in each member receiving a portion of the associated reward. Alternatively, you can mine independently, securing the entire block reward if you are the one to find a block, although deductions for pool fees will apply. Confirmations of balances occur hourly, requiring a total of 100 confirmations for a block to be officially verified before the balances are processed. Hashalot covers transaction fees for all balance disbursements, which are factored into each pool's fees. Once a block receives confirmation, the rewards are distributed based on the contribution made by each miner involved in the block's discovery. Each share carries a definitive value, unlike PPLNS, where shares eventually expire after a certain period. This payout structure ensures that the miner who discovers the block is rewarded with the full block reward, minus any applicable pool fees, making it particularly advantageous for those with substantial hash power. Moreover, this collaborative approach not only enhances the efficiency of mining efforts but also fosters a sense of community among miners working toward a common goal.
API Access
Has API
No
API Access
Has API
No
Integrations
Bitget Wallet
Yes
Blockdaemon
Yes
CoinList
Yes
Cregis
Yes
Cryptio
Yes
DEX Screener
Yes
FOX Wallet
Yes
Glitter
Yes
IPFS Cluster
Yes
Ledger Nano X
Yes
Integrations
Bitget Wallet
No
Blockdaemon
No
CoinList
No
Cregis
No
Cryptio
No
DEX Screener
No
FOX Wallet
No
Glitter
No
IPFS Cluster
No
Ledger Nano X
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Filecoin
Founded
2014
Website
filecoin.io
Vendor Details
Company Name
Hashalot
Website
hashalot.net
Product Features
Cloud Storage
Access Control
No
Archiving & Retention
No
Backup
No
Data Migration
No
Data Synchronization
No
Encryption
No
File Sharing
No
Version Control
No