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Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release

by CBDC Insider
October 19, 2020
in Business
Reading Time: 1min read
0
Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release
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Five of its largest miners turned off their machines to protest the project’s “unfair” economic model that requires a significant amount of FIL tokens to start mining operations, according to a report by 8btc.com. 

Zhihu Cloud, one of top five Filecoin miners, has more than 8,000 InterPlanetary File System (IPFS) mining machines yet only 276 mining machines were running on Saturday, while the other four, including mining company 1475,generated even less storage mining power, the report said.

Read more: https://www.coindesk.com/filecoin-miners-go-on-strike-one-day-after-mainnet-launch-prompting-early-reward-release

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