Put your unused storage to work by becoming a Filecoin miner. Use the Filecoin mining software to get paid for fulfilling storage requests on the Filecoin market.
The Filecoin currency will be traded on a number of exchanges and supported by multiple cryptocurrency wallets, allowing you to easily exchange Filecoin for other currencies like US Dollars, Bitcoin, and Ether.
Clients can tune their storage strategy to suit their needs, creating a custom balance between redundancy, speed of retrieval, and cost. The worldwide Filecoin storage and retrieval markets make vendors compete to give you flexible options at the best prices.
The original Filecoin whitepaper was published in July 2014. We will be releasing a completely updated whitepaper very soon.
The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price.
Join the Early Miner Program
Join the Filecoin Storage Market to rent your hard drives, single disks, racks, whole data centers, every Terabyte you are not using. All you need to do is to connect to the Filecoin network and the protocol will handle the file transfers and transactions for you. The more space you put on the market, the more Filecoin you get.
Are you in the middle of a crowded city? Next to an ocean cable? Do you have access to very fast Internet pipes? Maybe Satellites? That is perfect! In the Filecoin Network’s Retrieval Market, miners get rewarded for delivering content quickly.. This makes the retrieval market good for miners who are in a high-traffic location or in a spot with fast connections.