What indicators are used to measure the "cost performance" of Filecoin mining machines?

When ordinary Filecoin investors invest in mining machines, they usually compare the cost performance of each mining machine. However, Filecoin mining needs to refer to many parameters. At this time, people will use an indicator to measure the cost performance of the mining machine.

So, can the price/performance ratio of Filecoin mining machines be measured by the price per T? What do you think of the "cost performance" of Filecoin mining machines?

In fact, there are three core indicators for evaluating mining machine manufacturers, effective computing power, block production rate, and the overall size of the mining pool.

Currently in the testing stage, we can use the Filscan block browser to view the real situation of miners participating in the test. After the Filecoin mainnet is launched, we can use the block browser to view some mining data. For example, there are How many miners participate in mining? How much is his computing power? How many coins are mined every day? How many coins were mined in total? This data can be viewed through block browsing. Of course, these data are open, transparent, real-time, and cannot be tampered with.

Opinion: Filecoin mining machine sales have entered a crazy stage Be wary of risks: The price of FIL currency has continued to rise recently, and today it has risen sharply by more than 40%. Theodore commented that with the soaring price of Fil currency and the crazy hype of the marketing teams of various miners, the sales of Filecoin mining machines have entered a crazy stage, and even pension money has been used to buy Fil mining machines. At this stage, we need to be more vigilant about risks . [2021/3/27 19:22:38]

Next, let’s look at the three indicators for evaluating mining machine manufacturers.

Huobi Global suspends the withdrawal of HFIL: According to the official announcement, Huobi Global has suspended the withdrawal of HFIL, and the recovery time will be notified in an announcement. [2021/1/7 16:35:41]

The first is effective computing power. Through the block explorer, we can see that the core data is computing power, that is, effective computing power.

Because computing power is the basis for participating in packaging, and computing power is actually the effective storage of miners. The more data miners store and the more data confirmed on the chain, the higher the computing power of miners. So we simply understand that this computing power is the storage capacity of miners. Based on computing power, miners have the right to participate in block packaging.

The Filecoin Test Reward Program will be officially launched on August 25th, Beijing time: According to the official announcement of Filecoin, the Filecoin Testnet Reward Program will be officially launched at 6:00 am (Beijing time) on Tuesday, August 25th, and the test reward program will last for 3 weeks time. Space Race is a collaborative competition designed to stress test the network, encourage participation from around the world, and prepare miners to run the network. With the launch of the testnet reward program, miners will compete for a total of 4 million FIL on the testnet. [2020/8/19]

The second data is the block rate. Let’s take the space-time cloud second measurement node t01009 as an example, with a computing power of 6.29PB and a vote winning rate of 0.2, which means that there is only a 20% probability of participating in block packaging. Then 0.99 represents the last 100 blocks, we have obtained 99 block rewards, these three are the most core data.

Then, we can use the block browser to view the income obtained every minute, the total income of the wallet, which is also the so-called effective computing power block production rate. The block production rate directly affects the income of a mining pool or a mining machine company.

Finally, the overall size of the mining pool. In fact, it does not mean that the larger the size of the mining pool, the higher the income of the miners. Some people say that he can mine 100 FIL coins a day with ten machines, and 100,000 coins a day with 10,000 machines. However, it is not such a simple algorithm. The overall size of the mining pool is simple. For example, if we mine 50,000 coins a day, how many miners or investors are involved in the distribution of 50,000 coins. This directly affects the income of a mining machine company's customers.

Therefore, from the perspective of investors, we do not use price to measure, nor use effective computing power unit output to calculate income, because effective computing power is the basis for miners to participate in mining. The real algorithm is to calculate the total income of the mining pool by dividing the total computing power of the invested mining pool by the space capacity of the storage server used behind it.

So, at present, there is actually no cost-effectiveness. What we really want to compare is the expected return on investment in the future, for example, if you invest 10,000 yuan or 100,000 yuan, how many coins you can get in a day or a month, these need to be considered by customers, and How many coins can be distributed depends first on the mining machine company or mining pool, how many coins he can mine.

If the output of the mining pool is very low, it will not be able to mine many coins at all, so the base of the coins he distributes is very small, and when more and more people participate in the distribution, his return on investment will actually be very low.

To sum up, for ordinary investors, when choosing a miner, they must choose at least the top three or top five nodes with the ability to truly expand the mining pool, otherwise some small mining pools will be behind, in fact, the future Expected returns will be very low.

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