elow 1U！Is starting with 0 its destiny?
After FIL broke below 1 USD, it has pierced through operational costs. Computing power will only continue to decrease, while circulating supply keeps increasing. What are the miners still holding on for? Is starting with 0 its destined fate? Filecoin's total network computing power continues to plummet sharply, hitting new all-time lows!Prices will only keep going lower.
Filecoin's 21-day data as of February 13: Total network computing power decreased by 466 PiB, setting a historical new low! Pledged amount fell below 100 million FIL! Actual storage at 2.15 EiB, another new low.
Generally speaking, a single rack (including electricity, bandwidth, etc.) costs around 2,000 RMB per month in rent (varies greatly by region). This doesn't even account for hardware costs, pledging costs, etc.—adding those makes costs even higher.
As of February 14, 2026, FIL price is 0.97 USD, with daily output per TiB at 0.0035 FIL. A typical rack can host 3 PiB of storage power; for DC (data-centric) sectors, it's 10x, so 30 PiB.
Revenue per rack: 30 × 1024 × 0.0035 = 107.52 FIL.
Value: 107.52 × 0.97 = 104.2944 USD, or in RMB: 104.2944 × 7 ≈ 730.06 RMB.
Monthly revenue: 30 × 730.06 ≈ 21,901.82 RMB. For CC sectors (currently a small portion), it's 1/10th: about 2,190.18 RMB—barely covering electricity, and with staff/maintenance, it's operating at a loss.
Using the lowest rack cost (electricity + bandwidth): 2,000 RMB/month.
DC sector cost: around 20,000 RMB (roughly 10,000 RMB per PiB, though channels vary widely—some lower, some higher).
Adding staff, maintenance, etc., most operations are in the red. A small portion (with good channels) can barely break even, but factoring in hardware marginal costs, most are losing money.
If we only consider electricity (rack fees), existing DC power can just cover electricity. But that's not good news—it means there's still more room for decline.
Overall operational costs (electricity + other) are roughly in the 0.2–0.5 USD range. (Rough calc: 30 × 30 × 1024 × 0.0035 × 0.2 × 7 ≈ 4,515.84 RMB—reference only, could be off.)
Conclusion:
Electricity alone: barely covered.
Full operational costs: currently loss-making.
FIL price needs to be at least above 3 USD to properly cover costs (many estimates are even higher). (For early high-cost entrants, this is still negligible.)
Many miners are now subsidizing storage or barely hanging on. Without sector pledge penalties, power decline would be even steeper. When sectors expire, most likely won't be renewed.
Many miners would rather take penalties and terminate sectors early, leading to continuous power drops and new lows.
If prices stay low, power will only keep falling—it's loss-making after all.
Old miners are like this, so no new power is coming online. Building new nodes with current high hardware prices is basically impossible—no new nodes or power increases.
One major miner said: Hardware prices are sky-high, hard drives are rising, no one is sealing sectors, no one is buying FIL for pledging → more circulation → lower price → even fewer sealers. It's a downward spiral! Maybe starting with 0 is FIL's fate.
This is a vicious cycle.
How to break it? I've mentioned 4 possible turning points before, but right now it's extremely tough—hoping for a miracle.
Filecoin power is plummeting off a cliff, entering a death spiral! FIL price will only keep falling unless these 4 turning points appear!
The community is furious! Filecoin won't die—reform won't stop! Reform the Filecoin Foundation (FF), revive Filecoin!
Face reality objectively.
Some say: "Weren't you very bullish before? Why the change now?" Answer: Filecoin's objective development has undergone massive shifts, completely deviating from—or even reversing—the original plans and pace.
It wasn't just me who was bullish—tens of thousands, including many tech experts and crypto big shots, felt the same. This isn't something one person can change.
Filecoin's initial design was indeed excellent, prices were good in the early years, and the outlook truly looked promising. Everyone smart could see and calculate it.
But as time passed, it kept deteriorating. Many planned features never materialized, everything trending in the wrong direction. It feels like all talk on paper, only theoretical plans.
It's the Filecoin tech team, community, and environment that changed—not me wanting to change.
These foundational conditions have shifted dramatically. It's like an apple tree gone bad—no more fruit. Do you still insist on being bullish?
This is just following the objective changes in Filecoin's development.
And it's the majority's choice.
But miracles aren't impossible. There could still be a reversal. Place your bets without regret—win or lose, accept it!
Filecoin Hashrate Plunges Off a Cliff, Entering a Death Spiral!FIL Price Will Only Keep Dropping, Unless These 4 Turning Points Emerge!
How can Filecoin break the deadlock? Hashrate has hit a new all-time low! Low prices, miner exits, declining hashrate, and a struggling ecosystem — it’s a vicious cycle!
The community is furious! As long as Filecoin lives, reforms will never stop! Reform the Filecoin Foundation (FF), revive Filecoin!
Filecoin Onchain Cloud (FOC): Rehashing Old Narratives, Unable to Reverse FIL’s Downtrend!
Only $10 in transaction fees per day?! Filecoin’s current network economic activity is almost stagnant, with ecosystem activity at rock-bottom levels — a state of “no one using it” and “utterly dismal.”
“Will FIL break $1?Filecoin’s top storage providers: 800PiB of computing power is exiting! Price below mining costs! Many are terminating storage sectors! Is a mining disaster occurring?”
FIL has finally fallen below $1!