Questions tagged [filecoin storage]

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Sara Sara Tue May 21 2024 | 6 answers 1217

Why is Filecoin storage so cheap?

Could you please elaborate on why Filecoin storage is priced so attractively? I'm quite interested in understanding the underlying reasons behind this phenomenon. Is it due to the unique architecture of the Filecoin network that allows for efficient storage solutions? Or perhaps, is it the competitive nature of the storage market within the Filecoin ecosystem that drives down prices? I'm also curious about the role of storage miners in this pricing mechanism. How do they contribute to keeping storage costs low while still earning a reasonable reward for their services? I'm looking forward to your insights on this topic.

Why is Filecoin storage so cheap?

|Topics at Cryptocurrency Q&A

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