• Tue. Nov 19th, 2024

Filecoin Founder Completely Denies Rumors of Miners Protesting Against the Platform

Avatar

By

Oct 20, 2020
Filecoin Founder Completely Denies Rumors of Miners Protesting Against the Platform

The founder of Filecoin (FIL), Juan Benet, recently denied the rumors of miners protesting against the platform. Filecoin is a decentralized entity, which is based on a blockchain storage network.

On his tweeter account, Juan Benet tweeted that he is being asked about a strike from the miners that do not even exist. He claimed that these rumors are nothing more than nonsense. At the end of his tweet, he simply stated that there is no such strike or protest going on so there’s nothing to be worried about.

While denying rumors of a made-up miner strike, he clarified that the miners on his platform are mining as normal. The miners are doing their work as normal and are proving their storage as normal. He further added that there has been no power loss reported in the network that would be out of the ordinary. The miners are following the necessary procedures and making loads of money as an outcome.

While denying these rumors, he presented an argument that made complete sense and somewhat validated his claim. As per him, if the miners were indeed protesting against his platform, then there would not be any blocks being created on the blockchain. He added another possibility that if it were the case of a protest, the storage proving process would also be halted.

Benet then presented facts and figures to prove that the miner protesting was nothing more than a rumor. He presented the data that showed the blocks are being produced as normal. He showed that the top miner earning a whopping $352,000 in one day and the top 50 miners are making a total of $3.7 million per day.

However, Benet claimed that the truth is far more different than the current situation. He stated that the rumors could be one of the tactics played by some miners. Using these manipulative tactics, these miners must be able to make more money.

It was reported by Cryptoverse that after just a day of Filecoin’s (FIL) mainnet launch, the miners who participated in the project started protesting against the platform. The miners alleged that the FIL network forced the miners to buy FIL coins before they could even start mining.

Avatar

Leave a Reply

Your email address will not be published. Required fields are marked *