Bitmain introduced the first miner for Filecoin (FIL)
Date: 2023-07-23 Author: Karina Ziganova Categories: BLOCKCHAIN, IN WORLD
Bitmain, a manufacturer of mining equipment, has introduced a device for mining Filecoin (FIL) tokens. This is stated in the company's message
Bitmain will supply FIL mining equipment with a hashrate of 4300 tons and a cost of $38,888. Users are expected to be able to connect devices to the Bitmain-linked mining pool platform Antpool to earn rewards immediately after purchase.
In addition, the Bitmain team offered a delegated coin staking service with a monthly commission of 0.5%. In this way, traders who participate in the staking service will be able to earn more at a small computational cost. With delegated staking, users will transfer their staking rights to validators or the pool itself without direct involvement.
What's going on with FIL
Amid news of the release of the FIL mining device, the price of the token increased by 2.6% over the past 24 hours, to $4.56. The token maintains a stable price even despite the fact that last month the US Securities and Exchange Commission (SEC) in a lawsuit against crypto exchanges Binance and Coinbase called FIL a security.
China's Problems
In the spring, it was reported that Bitmain could face a fine of 24.9 million yuan (more than $3.6 million) for tax evasion in Beijing. China's tax office claims that the company also failed to pay personal income tax of 16.6 million yuan (about $2.4 million).
Prior to this, FIL miners had problems in China. The reason is that you don't need video cards or ASICs to mine the token, but the business is still in a "gray zone" that regulators have not yet paid attention to. According to media reports, many local miners switched to Filecoin after a high-profile campaign by the Chinese authorities against cryptocurrency mining.
