What is Filecoin mining? (Recommended Filecoin mining machines)

What is Filecoin mining? Why use this name for mining? Its working principle is completed through the combination of a computer (CPU) and GPU. There are many methods in the current market that allow users to directly purchase a mining machine or rent computing power from a PC, which is essentially putting the coins mined from cryptocurrencies like Bitcoin into graphics cards for mining.

However, many investors do not understand the technology, its uses, how to maximize profits, and other factors. Therefore, they have chosen to use a new method called “cloud computing power hardware devices” to mine FileCoin tokens and maximize profits. Currently, some projects are trying to use new chips for mining, including the Bitmain S19Pro, Bitfily A10 series, and Antminer S17 series ASIC miners. However, due to the presence of many mainstream brands in the mining business, these new manufacturers also hope to provide better products and services to serve the investors, reduce costs, improve efficiency, and enhance asset management to help investors avoid potential security risks.

Recommended Filecoin mining machines

According to the IPFS China community, the Filecoin mainnet is expected to go live at the end of July.

According to the latest official information, the total network computing power is currently about 120,000 FIL. If calculated based on the current price, it is about $8,000 per coin, which means that the price of a mining machine should be at least 400 RMB.

In addition, in order to facilitate better selection of Filecoin mining machines, we need to first select a few reliable hardware options, which are: AntMiner T2, Antminer S17Pro (A11 series), Bitfury Blockscale S19Pro, and Shenma M30sPro.