Market Research on market size and growth

Filecoin has just passed 2 EiB of storage space!

Filecoin launched with about 581 PiB of storage on 2020-10-16. 38 days later on 2020-11-23 it reached 1 EiB by adding another 443 PiB, which works out to about 87 days per EiB.

Today on 2021-01-21 it’s another 58 days after reaching 1 EiB, so that’s 33% faster to add the second EiB.

Overall the rate of storage being added since filecoin launched is (1024 PiB + 443 PiB) / (96.5 days) = 15.2 PiB per day. 648 TiB per hour. 11 TiB per minute. 185 GiB per second. Pretty impressive.

There’s currently 1150 miners.

The top five miners have capacity of 74.2 PiB, 72.6, 51.8, 41.7, 35.0.

Filecoin storage cost is currently $0.071/GB/year, 3.86x cheaper than AWS S3.

Average deal period is 313.37 days

Over the last 2500 deals 58,012 GB has been stored.

The total data stored on filecoin network is 3.3808 PiB, so about 0.165% of available storage is being used.

1 filecoin currently costs $22.23 for a market cap of $995,696,363

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