Bitmain launches Filecoin mining machines with a $38,888 price tag

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Bitmain launches Filecoin mining machines with a $38,888 price tag
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Crypto mining machine manufacturer Bitmain is venturing into the Filecoin mining field for the first time, with each unit priced at $38,888.

Bitmain is expanding into Filecoin mining with the launch of machines priced at $38,888 per unit.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto mining machine manufacturer Bitmain is venturing into the Filecoin mining field for the first time, offering a new model that's priced at $38,888 per unit.

The machines come with a hash rate of 4,300T, and users can host them at the Bitmain-associated Antpool mining pool platform to begin earning rewards right after purchase, according to anFilecoin offers a unique combination of both mining and staking to support its decentralized storage network. Storage providers contribute their computing resources for data storage and retrieval, earning mining rewards based on their storage capacity.

In addition to the mining machines, Bitmain is introducing a delegated staking service for Filecoin at a 0.5% monthly fee, allowing users to delegate their tokens to a third party, such as Antpool.© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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