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Filecoin Says Its Network Has Storage Capacity Online as AI Demand Grows

The network lets users rent out unused drive space for FIL tokens. Filecoin also said its network has storage capacity online now.

By Simon Yoon
Published
A hard drive sits before a receding row of storage drives / TokenPost.ai
A hard drive sits before a receding row of storage drives / TokenPost.ai

Filecoin highlighted reports that major manufacturers are reportedly allocating high-capacity hard-drive output through 2028, while saying its network has storage capacity online as AI demand grows.

Filecoin is a decentralized storage network where users rent out unused hard-drive space in exchange for Filecoin (FIL) tokens. The network uses a peer-to-peer system for data storage.

The hard-drive supply gap is projected to widen by 2027.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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