Since the notice was issued on September 24, 2021 to ban mining, FIL has almost come to an end. Those who are lucky are still hosting mining, but as the major domestic FIL miners have been taken away, FIL has gradually been forgotten by everyone, and its past glory has gradually faded.

However, FIL also has its advantages. After all, it was a project that was planned for three years and used the CX model. It also attracted a large number of loyal fans during its glory days. Xiong Da has also written articles about fil several times, and many fans have also asked if they can buy at the bottom. When the price is around 20u, I advise everyone not to buy it. I wonder if there are any obedient people?

Now fil is in single digits, even breaking 5, and it seems to be heading towards breaking 1. Do you still dare to buy the bottom when fil is in single digits? Is there any hope for FIL, which has high hopes?

Let’s first look at an announcement, that is, the announcement that the fil server will cease operations. It is not an official announcement, but a miner. You may want to ask again, aren’t all domestic miners being cheated? Why is it still there now? It's actually normal. Just like an exchange, isn't it operating in secret? At that time, the fil miner did not say that it could go bankrupt easily. If it wanted to go bankrupt, would investors be willing? The computing power of most fil miners is oversold, because some miners simply cannot redeem your assets. We can only bite the bullet and continue operations.

Look at the announcement from Hubei Blizzard fil. It can’t continue for various reasons. To put it bluntly, it is no longer profitable. Miners also said that fil is currently in a state of exile. Operators in overseas countries began to withdraw one after another in May, and they are no longer operating. So what is the point of speculation about this currency? Isn’t this decentralization?

Seeing that fil’s official website is still in operation, I didn’t expect the miners to directly reveal that fil does not have any actual official operations. Could it be that they are just spending money and hiring operators casually to deal with it.

Looking at the current price of fil, it is indeed very attractive. The once king-level project, together with ICP and bzz, was one of the three god-level projects in the currency circle, but now it has become the three "dead" level projects. It's really tiring to watch. But then again, what about Xiong Da with fil holding dozens of U? I don’t know where the confidence comes from.

The high point of fil230 made many people lose confidence. At that time, Xiong Da said that if fil did not change its model, it would be difficult to get back up. If it really changes its model, then fil will have nothing to hype about.

FIL is mainly due to domestic hype, advocating IPFS storage mining, and using the CX model to attract a large number of investors who dream of getting rich through mining. Do you think there are any foreign investors hyping FIL?

Now it seems that there is really no hope for fil. It may be difficult to get up in the next few years. Look at EOS, the masterpiece of bm. How about 500 after three waves? Still wandering around now. There is also BitShares, which was once favored by others, but has also been slowly forgotten over time. But who can say for sure what will happen next? It is also possible that it will simply decline. It may also be banned by other projects.

Nowadays, there is still publicity in the name of FIL mining. Xiong Da guesses that it is mostly for funds. Therefore, everyone should be cautious when promoting FIL mining in the name. Don’t end up filling holes for others when you don’t make any money. Here are some suggestions for you.

1. Whether it is FIL or Bitcoin mining, mines without access nodes are all funds.

2. To participate in FIL mining, you need to pledge. Similar to a security deposit. When others tell you that you only need to buy a mining machine, they are probably inducing you to buy a fake mining machine.

3. If you participate in mining in a certain mine and find that the computing power has not increased, it is most likely that the miner has oversold the computing power. If the situation is serious after all, it will eventually evolve into a phenomenon that cannot be redeemed. Another possibility is that you may be participating in fake mining.

4. Gas fees will be incurred when the mining machine is packaged. The gas fee is determined based on the number of people packaging on the day. The more people there are, the more gas fees will be burned, and vice versa.

How crazy it was in the early stage, how sad it will be in the later stage. I hope you can be more open-minded if you are into deep set! ! !