0816 - The 180-day linear release mechanism of FIL mining

The 180-day linear release mechanism of FIL mining

Unlike the random reward mechanism of traditional crypto mining, Filecoin mining rewards are released linearly in a 180-day cycle: 25% of the daily mining output is released immediately, and the remaining 75% is divided into 180 portions to be linearly unlocked and released evenly in the next 180 day.

The mining NFT purchased on the DMEX platform also follows Filecoin's official 180-day linear release rule. Let's assume the FIL mining efficiency is 0.04 FIL/TiB/day (without factor in mining power decay over time), DMEX charges a miner technical management fee of 20%. Then, for the DMEX users, their actual daily mining income for every 1 TiB FIL mining power can be calculated as follow:

Day 1: 0.04*(1-20%)*25% = 0.008 FIL

Day 2: 0.04*(1-20%)*25% + 0.04*(1-20%)*75%÷180*(2-1) = 0.00813 FIL

Day 3: 0.04*(1-20%)*25%+0.04*(1-20%)*75%÷180*(3-1) =0.00826 FIL

Day 4: 0.04*(1-20%)*25%+0.04*(1-20%)*75%÷180*(4-1) =0.0084 FIL

.......

Day 180: 0.04*(1-20%)*25%+0.04*(1-20%)*75%÷180*(180-1) =0.0318 FIL

Day 181: 0.04*(1-20%)*25%+0.04*(1-20%)*75%÷180*(181-1) =0.032 FIL

Many a little makes a mickle. With Filecoin's special reward release mechanism, Filecoin miner's initial mining income might be modest, but this stable mining income will gradually increase at an ever faster speed.

On the DMEX platform, users who purchased the mining power can claim their stable mining income on T + 1 basis following the linear reward release mechanism. That is, the user will start earning a stable mining income on the very next day of their purchase. Moreover, users can also pledge their FIL mining power NFT to lend out an equivalent amount of Filecoin. The annualized rate of return for the FIL mining power NFT itself is 30%, the NFT collateral loan product's annualized rate of return is 300% +. Those two excellent stats have again asserted DMEX's dominance in the Filecoin mining industry.

Discover the value of mining power with DMEX!