Recently launched Filecoin project is facing difficulties as miners use a token model for collective plugs, which isn't economically practicable.
The long-waited Filecoin data storage project launched last week after 3-year since $250 M presale and ICO. A huge amount of Chinese FOMO advanced token FIL cost over $60 but the crash has already been noticed. Some even labelled the project a Ponzi (scam).
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Filecoin Miner Strike Faces Difficulties
