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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

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 

Screenshots View All

Screenshots View All

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 
Mask Network Yes 
MathWallet Yes 
NOWNodes Yes 
NodeShift Yes 
PayBitoPro Yes 
Second State Yes 
Textile Buckets Yes 
Token Terminal Yes 
Trust Wallet Yes 
io.net 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 
Mask Network No 
MathWallet No 
NOWNodes No 
NodeShift No 
PayBitoPro No 
Second State No 
Textile Buckets No 
Token Terminal No 
Trust Wallet No 
io.net 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 

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