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Bitdeer Announces Availability of the Highly Demanded Filecoin

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Bitdeer Announces Availability of the Highly Demanded Filecoin

Bitdeer, the world’s leading digital assets mining and cloud service platform, announces support for the increasingly popular Filecoin (FIL) on their platform. This adds yet another option to their existing and wide-ranging portfolio of digital assets, diversifying the platform’s offerings for its users and reinforcing its leading position in the miner sharing economy with the inclusion of IPFS mining capability on top of ASIC mining.

Built on top of the InterPlanetary File System (IPFS) created by Protocal Labs, FIL is the native currency that powers the Filecoin blockchain, a decentralized information storage protocol first launched in 2017 through an initial coin offering, which quickly became one of the largest token sales that year. The network promises that anyone globally can participate as online storage providers, also known as storage miners who are incentivized by FIL. Filecoin was included as one of the latest trust offerings by Grayscale, the world’s largest digital asset manager in March 2021, placing the decentralized data storage provider under the spotlight again and pushing FIL’s price to historic highs.

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