Report post

What is Filecoin (fil)?

Filecoin is a peer-to-peer network that stores files, with built-in economic incentives to ensure files are stored reliably over time. In Filecoin, users pay to store their files on storage miners.

What is a Filecoin miner?

A miner could be any internet-connected computer with spare disk space or a dedicated system with lots of storage built specifically for Filecoin. Filecoin’s blockchain rewards miners for contributing useful storage to the internet, not for completing wasteful proof-of-work computations.

What is the supply of Filecoin (fil) tokens?

The total token supply of FIL tokens is 147,799,573, and the current circulating supply is set at 147,799,573.00 FIL. Filecoin (FIL) is now trading around $29.99 as of Jan. 12, 2022. Its 24-hour trading volume on exchanges is around $467,241,206.

How big is Filecoin’s mainnet?

The Filecoin mainnet launched in October 2020 and since then, the amount of storage available on the platform has grown exponentially—recently passing the 2.5 billion gigabytes (2.5EiB) threshold—enough space to hold more than 10,000 copies of Wikipedia.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts