Dear Hoo users,
As the economic model of Filecoin project requires a large number of tokens to be pledged for mining, and the project FIL tokens are not released enough in the early stage, TFIL cloud mining products cannot use all the effective computing power. In order to better serve the cloud computing power mining products, the following arrangements are made.
- Hoo will fund the advance of the FIL tokens required for mining in order to obtain the full computing power.
- The first distribution of FIL tokens will take place on November 6, 2020, and will distribute the FIL earned from cumulative mining from the date of access to the miner to date, and the daily mining proceeds thereafter will be distributed the following day.
- TFIL Insurance Rights period will remain 12 months until October 15, 2021.
- TFIL Mining Rights remain in effect.
What is TFIL Mining Right?
The TFIL represents a one-year revenue guarantee for the IPFS Cloud Power Lease Service, with one TFIL held by the user, and one additional month of the 1 TB IPFS Cloud Power Lease Service if the total mining revenue for one year of the 1 TB IPFS Cloud Power Lease Service is < 150 USDT. (The price of Filecoin is based on the actual market price at the time of issuance of Filecoin); the TFIL insurance right automatically lapses if the total mining revenue for one year of the 1 TB IPFS Cloud Power Lease Service is ≥ 150 USDT.
The TFIL access node is: f022804
The node can be found at https://filscan.io/#/tipset/address-detail?address=f022804
The computational power involved in TFIL in this node is about 5.5% of the overall share.
November 3, 2020