9 dimensions and 4 misunderstandings of Filecoin cloud computing power Investment

Filecoin’s main web site is about to go live, and it’s been flooded with enthusiastic investors and news.But Filecoin’s cloud computing market is a mixed bag. This article will reveal the true face of the cloud computing market and show you 9 key dimensions and 4 misunderstandings.

9 Dimensions of Filecoin Cloud Computing Power Products

For those who want to invest in Filecoin, they often face the dilemma of which one to choose: mining machine or cloud computing power?

There is not much difference between cloud computing power and mining machine in nature, as long as the manufacturer is reliable enough to find FIL tokens.

1. Platform: It is most important to choose a reliable platform.A reliable platform means you don’t have to worry about fake computing power or company runaway.

2. Type of mining machine/pool: The quality of mining machine will have a certain impact on the mining efficiency. Some cloud computing power platforms use second-hand mining machines or shoddy mining machines to sell cloud computing power.For the platform without marking the type of miner, please ask for details of the platform to avoid stepping on the pit.

3. Filling time: The filling time is very important for mining. The shorter the filling period is, the higher the effective computing power is and the higher the income can be obtained under the same conditions.

4. Package cycle: It is generally calculated on a yearly basis. From the perspective of cloud computing power market, the longest package cycle of cloud computing power products is up to three years, and most platforms can only accumulate the package cycle on an annual basis.

5. Selling price: The price difference among major platforms is huge, and the average market price of cloud computing power products is around 1500/T/ year.

6. Estimated income: The cloud computing platform will estimate the number of FIL per T per day. According to the data, the daily income per T is about 0.2–0.7 FIL.Of course, there is also a very important point to look at the cloud computing products from the beginning of mining.

7. Operation and maintenance management fee: This is equivalent to the commission fee of the platform. Compared with PoW mining cloud computing power, Filecoin cloud computing power has a relatively high operation and maintenance fee ranging from 15% to 25%.This is also a very important factor related to user revenue. The less the operation and maintenance management fee is, the higher the user’s revenue will be.

8. Income settlement cycle: The income settlement cycle is almost always in the form of T+1, which means today’s FIL mining income can be withdrawed the next day.

9. Compensation scheme: Various platforms have different schemes: there are 10T for purchasing power and 2T for delivery;If you can’t mine FIL, you will get a full refund;Full refund if Filecoin mainnet don’t get online; If you didn’t get the fund returned you will get one more year’s computing power, until you get your fund returned, and so on.

4 misunderstandings about buying Filecoin cloud computing power

Misunderstanding 1: The mining machine behind the cloud computing power is true.

There are various cloud computing power products on the market, but not every cloud computing power product is reliable.Officials have also warned against buying any mining machine until standards in mining have been issued.

So the cloud computing power products you buy may not meet the standards of mining machines, or even through other channels to buy used, low-cost mining machines.This can have a big impact on your subsequent mining earnings.

The other situation is to sell fake cloud computing power. The cost of doing evil is very low now, and fake cloud computing power can be sold to investors only through packaging marketing.The market is already full of such companies, which make money by deceiving investors and running away.

When investing in cloud computing power, you must make sure that the cloud computing power behind your purchase is real, and the mining machine is up to the standard.

Misunderstanding 2: The lower the price of Filecoin cloud computing power, the higher the cost performance.

Since the cloud computing power market becomes hot, many platforms in order to compete for the market will take the way of low price to get more investors’ attention.

After comparing the prices of market cloud computing products, we will find that many products differ in price by several times.

In fact, Filecoin mining is mainly related to the packaging speed of the miner, not the lower the better.For cloud computing power products with low prices, the platform can completely cheat in the mining revenue. For example, the coins dug out are futures, which can only be exchanged after a certain period of time.

So when buying cloud computing power products, the lower the price is not the more cost-effective.We’re going to look at how efficient the output is, and figure out what the real rate of return is.Be sure to choose platforms that are open and transparent, especially when it comes to memory, CPU configuration, and packaging speed.

Misunderstanding 3:1 T computing power is effective computing power.

Comparing the cloud computing power products on the market, we can find that many do not specify the details of the filling time.And that’s an important factor, because the longer you fill it, the less effective it is.

Misunstanding 4: You must make money buying Filecoin computing power.

This question is not certain.The cloud computing power platform calculates the output according to the mining difficulty of the test network, and then calculates the yield rate through the estimated FIL price.

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