Filecoin [Futures]
Filecoin [Futures] (FIL)
Market capitalization: 3 491 969 233
Rank # 29 | Coin Mineable
6.44 -2.88%
Volume (24h): 193 643 290
Circulating Supply: 1 960 571 122 FIL
Max Supply: 0 FIL
Filecoin [Futures] (Overview)

Filecoin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also called “Filecoin”), which miners earn by providing storage to clients. Conversely, clients spend Filecoin hiring miners to store or distribute data. Filecoin miners compete to mine blocks with sizable rewards, but Filecoin mining power is proportional to active storage, which directly provides a useful service to clients.

Hashing Algorithm
Block Time
Available/Total Supply 541 938 682 / 1 960 571 122