Early Bitcoin miners mined 1.1 million BTC a year. Will IPFS/FIL repeat the wealth myth?

On April 16, 2019, the scientist published a new research report on the earliest mined blocks on the Bitcoin network. The report on one of Bitcoin's earliest miners provided strong evidence that a single miner processed 22,000 Bitcoin blocks, or 43% of the first 50,000 blocks.

In addition, the scientist tracked the extranonce field in the coinbase field that originated from the coinbase transaction itself and identified that the miner mined about 1.1 million bitcoins between 2009 and 2010.

As an early miner, the miner mined about 1.1 million bitcoins in the first year. According to the current price, these bitcoins are worth 53.044 billion yuan.

We know that more than 18 million bitcoins have been mined so far, and the remaining less than 3 million will take more than 100 years to mine, and they will also face competition from numerous cloud server companies and mining farms.

It took only 10 years to mine the 18 million coins, and early miners could mine them using ordinary computers, so they undoubtedly enjoyed amazing first-time mining bonuses.

As the hottest and most anticipated new digital currency in 2020, Filecoin certainly also has first-time mining bonuses.

1. There are relatively few early participants, and the amount of Filecoin issued is relatively large

After Filecoin goes online, the exchange's FIL futures must be delivered within the specified time, which will lead to an increase in demand.

Before the Filecoin mainnet is launched, some off-market funds will be in a wait-and-see state. They have expectations for the project, and for risk considerations, they will choose to participate in a conservative way. Once Filecoin is launched and the market is good, Filecoin will usher in a large demand.

The issuance mechanism of digital currency determines that the amount of digital currency to be mined will become less and less, and the difficulty will become greater and greater. Therefore, the first miners who obtain Filecoin in the early stage will definitely hoard the coins and be reluctant to sell them. They will never sell them easily, so the number of coins circulating in the market will not increase much.

Due to various reasons, Filecoin will be relatively scarce in the early stage after it goes online, especially in the first half of the year, when supply will be in short supply. Therefore, it may face a small peak in price. If you miss the first mine, you will also miss the best payback period.

Therefore, only miners who participate in the initial stage will have the opportunity to enjoy super high returns!