Filecoin Soars 39%, Surpassing Theta On Several Platforms, Seeing Inflow of Chinese Miners

After the recent listing by Grayscale and a massive inflow of Chinese miners, Filecoin has surged by 40 percent and on some platforms has exceeded Theta from top 10

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How Filecoin is up 50% in a week and could take more profits

After a week of significant gains, Filecoin (FIL) is shaping up to become one of the biggest earning cryptocurrencies of the month. Journalist Colin Wu has recorded increasing interest in the cryptocurrency and its file-sharing platform: Filecoin surpassed $100, benefiting a large number of Chinese miners and investors.

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Filecoin network suffers temporary outage

The Filecoin network is recovering as miners upgrade to a new client after a four-hour network outage.

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Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing

The Filecoin network is facing liquidity problems, forcing some miners to borrow the native token at outrageous rates.

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Filecoin Miners Hibernating Until Economic Model Improves

The much-hyped and contentious Filecoin project has been live for over a week now. The period has seen plenty of questions and concerns about the project’s economic model while many of its miners were reported to have ceased operations.

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Filecoin Network Upgrade Goes Live, Miners Claim 25% Block Rewards

The mandatory upgrade is the first post-launch upgrade to the Filecoin network.

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Filecoin Miners Face Harsh Reality Behind the Project’s Tokenomics

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The founder of Filecoin denies that miners are on strike

Recently, there have been plenty of rumors regarding a decentralized data storage project, Filecoin. The project launched its mainnet on October 15th, but even before that, it made the news due to its coin being listed on Gemini and Kraken.

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Filecoin creator denies strike allegations

“Miners are following the protocol, and making a ton of money doing so,” said Juan Benet on Twitter.

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Blockchain Bites: Filecoin Strike, Bitcoin Fees Fall, Coinbase Censorship

Five Filecoin miners have gone on strike. Bitcoin miners are seeing depressed earnings. And Binance is closing its Jersey branch.

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Bitcoin News Roundup for Oct. 19, 2020

With BTC transaction activity slowing and Filecoin miners striking, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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Filecoin miners to go on strike a day after mainnet launch

The economic model adopted by the Filecoin network has prompted the miners to go...

The post Filecoin miners to go on strike a day after mainnet launch appeared first on Coin Journal.

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Filecoin Miners Start a Strike – FIL Validators Claim the Project’s Economic Model Is Not Working

The Filecoin project has surely seen a lot of hype but during the last few weeks before the launch, the cooperative digital storage crypto project has been criticized a great deal. This weekend a few Filecoin miners have been on strike and claim the economic model is not working out for them.

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'Very complex' Filecoin in trouble as miners go on strike 24 hours after launch

24 hours after the launch of Filecoin, a majority of its miners have gone on strike. The main reason for the same is that miners actually have to buy $FIL, in order to mine $FIL, as it currently standThe post 'Very complex' Filecoin in trouble as miners go on strike 24 hours after launch appeared first on AMBCrypto.

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

Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.

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Decentralized storage network Filecoin enters Mainnet Ignition phase

Filecoin, a decentralized storage network, has now entered its penultimate phase of development. The Mainnet Ignition phase affords network participants — including miners, clients, custodians, applications, and network services – time to initialize, learn, set up their systems, and optimize their deployments, before Mainnet Liftoff.

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Dissatisfied miners in China want to fork Filecoin

Multiple mining groups in China have announced that they will fork Filecoin’s blockchain as they claimed to be dissatisfied with mining rewards, according to a report in Sohu.com, a Chinese media coThe post Dissatisfied miners in China want to fork Filecoin appeared first on AMBCrypto.

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Filecoin Announces Incentivized Testnet Launch as Token Price Spikes

Filecoin (FIL), the decentralized storage network project, is moving closer to the arrival of its mainnet with the announcement of an incentivized testnet rollout. Testnet Competition Will Pay Miners Almost three years after its $257M initial coin offering (ICO), the Filecoin mainnet may soon be a reality.

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