Filecoin Miners Strike, Protesting 'Chicken & Egg' Problem, FIL Crashes

Decentralized storage network Filecoin experienced its first major issue a day after its long-anticipated launch, as miners decided to go on strike, resulting in an early release of token rewards. Per a 8btc.com October 17 report citing interviewed miners, five of Filecoin's largest miners shut down their machines in order to protest the economic model, because, "today