Canada Markets closed
  • S&P/TSX

    20,633.27
    -128.76 (-0.62%)
     
  • S&P 500

    4,538.43
    -38.67 (-0.84%)
     
  • DOW

    34,580.08
    -59.71 (-0.17%)
     
  • CAD/USD

    0.7786
    -0.0022 (-0.2826%)
     
  • CRUDE OIL

    66.22
    -0.28 (-0.42%)
     
  • BTC-CAD

    65,080.02
    +2,157.24 (+3.43%)
     
  • CMC Crypto 200

    1,367.14
    -74.62 (-5.18%)
     
  • GOLD FUTURES

    1,782.10
    +21.40 (+1.22%)
     
  • RUSSELL 2000

    2,159.31
    -47.02 (-2.13%)
     
  • 10-Yr Bond

    1.3430
    -0.1050 (-7.25%)
     
  • NASDAQ futures

    15,687.50
    -301.00 (-1.88%)
     
  • VOLATILITY

    30.67
    +2.72 (+9.73%)
     
  • FTSE

    7,122.32
    -6.89 (-0.10%)
     
  • NIKKEI 225

    28,029.57
    +276.20 (+1.00%)
     
  • CAD/EUR

    0.6878
    -0.0027 (-0.39%)
     

Bitdeer Offers IPFS Mining with New Filecoin Package

·3 min read

Singapore, Singapore--(Newsfile Corp. - October 26, 2021) - The Bitdeer charter is to allow anyone, experienced or novice, to start mining with a click. As part of that mission, offering access to a diverse set of mining products is key. In this spirit, Bitdeer now allows customers to participate in IPFS mining with its Filecoin Full Effective Plan.

Bitdeer Offers IPFS Mining With New Filecoin Package

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8247/100856_40fcb46754e5cb6b_001full.jpg

A Trustworthy Way For Storage

Filecoin (⨎, FIL) is both a cryptocurrency and decentralized file storage system built on the peer-to-peer InterPlanetary File System (IPFS) network scheme from Protocol Labs. The project's ambitions include storing "humanity's most important information" in a highly censorship-resistant manner. It currently boasts over 1 million storage deals with more than 30 million gigs of space.

In addition to its more traditional ASIC mining-related plans, Bitdeer has launched the Filecoin Full Effective Plan to allow miners to participate in the IPFS hard disk mining network. Leveraging Bitdeer, users have access to world class miner sharing. High-performance servers means high-reliability for storage and cluster systems that ensure output of stable, reliable data -- all very important considerations when mining Filecoin.

The Filecoin Full Effective Plan

Mining Filecoin involves lending storage capacity and operating in the often labyrinth-like system of the project's ecosystem: there are multiple types of miners (storage, retrieval and repair) and then there is a whole fee and "deal" market to navigate. It's unlike the more familiar proof-of-work mining and can get quite involved.

Bitdeer's Filecoin Full Effective Plan cuts through all the barriers to entry, enabling those interested in the potential of the Filecoin project to participate without the burden of acquiring special equipment and setting up configurations. Bitdeer does all the heavy-lifting in this regard.

The Filecoin Full Effective Plan of Bitdeer takes care of the pledging sector at scale, in order to mine new blocks.This is essentially regarded as no filling period, thereby simplifying things through the elimination of the sealing process. Miners do not need to pre-stake FIL, coins are owned by users, and the platform assumes gas payments (no gas fees for users).

With an estimated starting date of October 31st, 2021, Bitdeer offers four versions of the Filecoin Full Effective Plan: 2 T, 4 T, 6 T, and 8 T, each spread over a 540 day period.

Moreover, the Filecoin Full Effective Plan is brought about by an International Data Corporation (IDC) and servers based in Singapore, fully security compliant with experienced, professional backstage management, offering around the clock customer service and maintenance. Bitdeer is committed to user income being open and transparent at all times, making the system stable and reliable.

Bitdeer was established in 2018, as a part of the Bitdeer Group founded by crypto veteran Jihan Wu, the co-founder of Bitmain and Matrixport. Bitdeer provides comprehensive digital asset mining solutions, handling complex processes involved in mining such as procurement, transport logistics, power management, and daily operations. Bitdeer serves users from more than 200 countries and regions, and has large-scale compliant mining farms deployed across Europe and North America (over 100,000 units under management).

Bitdeer Allows Anyone to Start Mining with a Click

As the world's first platform to deliver real hashrate capacity, from as low as 1 Terrahash, Bitdeer has strategic partnerships with the top miner manufacturers as well as renowned mining pools like BTC.com, ViaBTC, Foundry USA, AntPool, F2Pool and BTC.top.

To build trust and provide convenience to Bitdeer users, the platform has put a great deal of effort into providing shared miner traceability. It features straightforward traceability for its hashrate, direct payouts from the mining pool and customizable service plans, all in a convenient package. Bitdeer makes it easy for anyone to begin digital asset mining and provides a variety of mining methods and mineable tokens.

For more information, please get in touch with Bitdeer :

Website: https://bitdeer.com/
Twitter: https://twitter.com/BitdeerOfficial
Marketing contact: Marketing@bitdeer.com

*Information provided in this article is for general information and reference only and does not constitute nor is it intended to be construed as any advertisement, professional advice, offer, solicitation, or recommendation to deal in any product. No guarantee, representation, warranty or undertaking, express or implied, is made as to the fairness, accuracy, timeliness, completeness or correctness of any information, or the future returns, performance or outcome of any product.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100856

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting