IPFS mining is different from Bitcoin mining. Bitcoin is just a mining model of the consensus mechanism, and IPFS mining is consensus + work benefits. What is the work benefit? It is to create value for the society and produce economic benefits!
For IPFS mining, miners have three types of benefits:
1. Node rewards, as long as it is a qualified node, there will be rewards = burning method of Didi promotion model.
2. Storage rewards, corresponding rewards will be given according to the storage capacity of your hard disk = Didi pull customers, draw an order to settle an order
3. Search awards, in short, help users find files on the Internet
Those who know IPFS know that IPFS has made a great contribution to mankind, and the mining method is also different from Bitcoin and Ethereum. One is to consume social resources, and the other is to use social idle resources to create greater value again! This is the essential difference, and this is also the trend of future mining!
Based on currency prices and the above three income models, plus the current cloud storage market, we can predict the earnings of the first batch of miners.
Profit analysis of traditional cloud server market:
Alibaba Cloud 100G server rents 2000 yuan per year, and so on
Our IPFS mining machine (server) 5000 yuan + 4T hard disk = 4096G=40100 G=80000 profit
We can also expand to 72 tons of hard drives = 737 100 G = 1.47 million profit.
In the traditional cloud storage business alone, a mining machine (server) can create a profit of US$1.47 million.
Encrypted digital currency has the attribute of appreciation, and currency price appreciation is the additional income of our miners, so IPF mining will create countless billionaires.
According to the analysis of Filecoin ICO:
1. If there are 200,000 nodes in the world, then each machine can mine 6.7 coins per day, and 201 coins per month = 20,100 yuan in profit.
2. If there are 600,000 nodes in the world, then each machine can mine 2.23 coins per day, and 66.9 coins per month = 6690 yuan profit.
3. If there are 1 million nodes in the world, then each machine can mine 1.34 coins per day, and 40.2 coins per month = 4020 yuan/month.
One node is equal to one mining machine. After the mainnet is estimated to be launched, the global node will be around 200,000. Bitcoin mining has no more than 2 million mining machines in the past nine years. Therefore, the first batch of miners in IPFS mining is very profitable!
(Note: One mining machine virtualizes multiple nodes, there may be mining malpractices, be careful! See the Filecoin white paper for details)
IPFS
IPFs is a distributed storage + transmission system. It forms an effective market cycle with the incentive layer Filecoin and builds the underlying ecosystem of the Internet and blockchain.
This is Filecoin's 2017 largest private equity project in blockchain history, raising $257 million in 30 minutes.
At present, the futures price is about 170 yuan. Based on the calculation of 2 billion yuan, the market value has reached 340 billion yuan.
