To Lianyun analysis: why is IPFs / filecoin mining so difficult?

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filecoin After the main network goes online , The heat is rising , Whether it's people inside or outside the industry , All the Filecoin With great enthusiasm . But a lot of people are right Filecoin The principle of mining is not familiar with , So they thought Filecoin Mining is similar to bitcoin mining , In fact, the mining principles of the two before are quite different , Let's talk about .

 

First , Install the mining software and run it ; Second, create nodes and join the network , After joining, synchronize the chain data 、 Create a wallet address ; after , Mining needs pledge FIL, Need to buy or borrow FIL Type in the wallet address FIL.

 

Filecoin It's essentially storage mining , According to the actual amount of data encapsulated by miners and submit the replication proof to the network to obtain effective computing power , The higher the computational power , The higher the probability of getting block reward . The more powerful a miner is , The greater the right or probability of getting block packaging , This involves two parameters ： Winning rate and block rate ; The winning rate is the probability of getting votes , Block rate is the probability of getting block reward .

 

Miners get storage orders , Data sealing （ Sector encapsulation , Longest time ）, Generate proof of replication , Validation data , Form effective computing power , Get the right to package , Submit proof of time and space , Get a bonus .

 

And in the process above , Sector encapsulation is a factor that cannot be ignored . By copying, it is proved that encapsulating sector is a process with relatively large amount of calculation in the whole process , The unique identification code of the sector is generated . Once the data is encapsulated , Storage miner will generate proof , function SNARK To compress proof of ; Last , Submit the compressed results to the blockchain , As proof of storage commitment .

 

Different from the traditional bitcoin mining principle is , The currency The calculation power of mining is constant , After the miner is connected to the network , The amount of money produced every day is a constant value . but Filecoin Mining is different ,Filecoin The calculation force of mining is determined according to the package data , This means that its computational power is not cumulative .

 

It should be noted that , The official minimum sector life cycle is 180 God , The longest sector lifetime is determined by the proof algorithm , But the longest sector declaration period is 18 Months , That is to say 540 God . Sectors are released naturally at the end of the life cycle , But miners can choose to extend the life cycle of the sector .

 

From the above analysis, we can see that .Filecoin The most basic of mining is the effective computing power , The more calculating a miner is , The more votes you win , The higher the probability of getting the block reward , The higher the mining revenue . The faster the efficiency of sector encapsulation 、 The faster the effective computing power grows , The higher the percentage of effective computing power , The higher the block rate , The more money is produced .