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Re:Ethereum Isn't Fun Anymore by loceng on Monday February 22, 2021 @09:57AM (#26225222)
Did Filecoin actually gain any traction?
Re:Ethereum Isn't Fun Anymore by toss1 on Monday February 22, 2021 @12:16PM (#26227097)
Seems they recently launched late last year [0], some of the miners went on strike seeing the actual mining deal worse than they expected in several ways [1], and current price is going up a bit in the last few days, but consistently down vs BTC [2].

They may be having some success on their original purpose, having just passed 2.5 billion GB on the network, i.e., 2.5 exabytes, and 1300 miners, 200+ projects and 5900+ GitHub contributors [3].

[0] https://www.coindesk.com/filecoin-mainnet-now-live [1] https://news.bitcoin.com/filecoin-miners-start-a-strike-fil-... [2] https://coinmarketcap.com/currencies/filecoin/ [3] https://siliconangle.com/2021/02/16/filecoins-decentralized-...

Re:Ethereum Isn't Fun Anymore by loceng on Monday February 22, 2021 @12:27PM (#26227257)
Do you know if they list the price of storing/accessing 1 GB on Filecoin compared to say AWS?

It's obvious that people who own Bitcoin would want to use the system in order to show usefulness, demand, however I'm wondering if there's any use of people who aren't financially incentivized (like early adopters who have the most to gain).

Re:Ethereum Isn't Fun Anymore by toss1 on Monday February 22, 2021 @01:14PM (#26228022)
Good question, but IDK. Current price is around $37/Filecoin, falling from $45 earlier in the week, but I have no idea what one Filecoin buys in terms of storage. Let me know if you find out more, and I'll do the same
Re:Ethereum Isn't Fun Anymore by loceng on Monday February 22, 2021 @01:26PM (#26228230)
Will do. It's always been odd to me that that is never listed prominently - as price is always the main competitive factor for anything, and even if it's 100x more expensive than similar solutions - at least people get a frame of reference to then see if the multiple is worth the value of storing in the Filecoin system; and with whatever risks may come with that.
Re:Ethereum Isn't Fun Anymore by automat357 on Tuesday February 23, 2021 @05:27AM (#26235679)
Siacoin >>> Filecoin
Re:Ethereum Isn't Fun Anymore by splintercell on Tuesday February 23, 2021 @08:24AM (#26236946)
I just don't get the logic behind going for PoW for Siacoin than going PoS. If people have to invest in hardware already, then why make them invest in even more unrelated hardware.