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Title: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: VoskCoin on October 04, 2018, 12:13:46 AM David Vorick of Siacoin has announced the team has decided to "brick" the Bitmain Antminer A3s and Innosilicon S11 Blake2b Siacoin ASIC miners to allow their Obelisk Tech SC1 miners to be the only miners on their network. Official Post - http://bit.ly/2DWR2Ri
https://www.youtube.com/watch?v=kcAXIHQxYWQ https://i.imgur.com/XhY1mYn.jpg Siacoin miners on Amazon (Obsolete soon) - http://geni.us/RSBFc VoskCoin shirts - https://teespring.com/stores/voskcoin This is some of the most shocking cryptocurrency news and especially crypto mining news of the year as the Siacoin team funded by Nebulous Labs and Obelisk Tech has decided to restore profitability to the ASIC miners that they crowd-funded by use of their originally secret "back door kill switch" - http://bit.ly/CDSia Relevant Links discussed in this video Siacoin Official Fork FAQ - http://bit.ly/2zQzG4y Reddit Post #1 Siacoin Law Suit Threat - http://bit.ly/SiaRedd Reddit Post #2 Discussed - http://bit.ly/2IFwT12 Obelisk Tech Official Website - http://bit.ly/ObTech Siacoin CoinMarketCap Current Price - http://bit.ly/SiaCMC Nebulous Labs LLC / Siacoin Cruncbase - http://bit.ly/2P9HX8X Thanks to Minery Tech for the footage of their facility with all of their miners and a good amount of Obelisk Tech miners! Mining Rig Parts IN STOCK on Amazon - http://geni.us/WQd7cCs VoskCoin Patreon - https://www.patreon.com/VoskCoin VoskCoin Facebook - https://www.facebook.com/VoskCoin/ VoskCoin Reddit - https://www.reddit.com/r/voskcoin/ VoskCoin Discord Server Invite - https://discord.gg/FGGmS2z VoskCoin Twitter - https://twitter.com/VoskCoin VoskCoin Instagram - https://www.instagram.com/voskcoin/ VoskCoin Official Donation Addresses, support appreciated! BTC - 12PsgKuhcJrEqJbD3oMN7rcEcuyqyqRznL ETH - 0xDEe6A2ae293F8C58Ef71649658344BbF382b6e70 ZEC - t1ZoVF5t75NahSAfuwpcyHA8uzkPyocXpJZ ZEN - znb1iNFP6VctF2AhXLXtMsSjP7emvYDmeXR Loki - LScbLXmws9RA4SXVz5GhGm3N2YfKShw6MQGeyAjYc3bE5nYHUw3UUWxgKGN8kCnWQkfZEGN1PBxX7Zk y3aVJSpGxTZTuDLB XMR - 484HoyS4h2fenvLKQkuUV7FwnJaGK8LMX43tiJ3UZdVU53d2MxFiQ1jbSfyorsXZVs1SvoPVh4nipjd 7b4GVgFGmCgygdpV Doge - DHgX7vJjBsmYcB1GgubGtu3TVJkqQgCG6B We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to http://Amazon.com and affiliated sites. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Metroid on October 04, 2018, 12:32:38 AM They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years.
Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: nsummy on October 04, 2018, 12:54:29 AM Good video, I have to disagree that this is the "biggest blow to Bitmain anyone has ever done" though. I mean if anything it made Sia look bad and Bitmain the martyr. I don't know what they are selling them for now, but you could pick up an A3 directly from bitmain for under $200 recently. Unless you have free electricity, they lose money. Bitmain swooped in, made what I am assuming was a large profit, then they got out. Didn't develop anything to beat Innsilicon's entry. I think its funny though that David somehow still mentions them as one of the reasons though!
Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: nsummy on October 04, 2018, 12:55:10 AM They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years. They are delusional too. In the Reddit ama they said they are still going to operate the company and create asics for other coins! Its insanity. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: yrk1957 on October 04, 2018, 01:24:04 AM Why is Bitmain A3 even being discussed? Its pitiful compared to Innosillicon Siamaster.
And the biggest issue is that Innosillicon owns almost 50% of hash-rate for Sia. Yes, Innosillicon self-mining themselves, not the Siamaster's they sold to others. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: alucard20724 on October 04, 2018, 03:15:30 AM Bitmain and Innosillicon will just support the old fork and call it SiaClassic or something. There's nothing preventing them for supporting and developing on the sia code that works with their miners.
Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Marvell2 on October 04, 2018, 03:21:39 AM Its barely a blow to bitmain, the monero fork was a way bigger blow , bitmain already killed the sia network and farmed the hell out of sia at lower diffs.
Misslrading topic imo , it affects inno way more than bitmain since thier sia hash is far larger. you should rename it to biggest blow dealt to innosilcon lol. Bitmains blow is comming soon with progpow on eth Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: MinedTangerine on October 04, 2018, 05:43:10 AM They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years. How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible. But who cares about Siacoin anyway. Its a shitcoin. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: chup on October 04, 2018, 06:04:12 AM How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible. But who cares about Siacoin anyway. Its a shitcoin. It is very nice thing if You hodl. Just like summer 2017 BTC/BCH reward for BTC hodlers. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: adaseb on October 04, 2018, 06:38:01 AM How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible. But who cares about Siacoin anyway. Its a shitcoin. It is very nice thing if You hodl. Just like summer 2017 BTC/BCH reward for BTC hodlers. Your message makes absolutely no sense to this topic. No idea why you are talking about hodling or the BCH fork. Either way like I commented on my other post. The people that are screwed the most with this are the retail owners of these ASICs which haven't reached ROI yet. Bitmain doesn't really care since they got plenty of other algos to mine anyways. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Marvell2 on October 04, 2018, 06:43:47 AM How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible. But who cares about Siacoin anyway. Its a shitcoin. It is very nice thing if You hodl. Just like summer 2017 BTC/BCH reward for BTC hodlers. Your message makes absolutely no sense to this topic. No idea why you are talking about hodling or the BCH fork. Either way like I commented on my other post. The people that are screwed the most with this are the retail owners of these ASICs which haven't reached ROI yet. Bitmain doesn't really care since they got plenty of other algos to mine anyways. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: chup on October 04, 2018, 06:48:18 AM Your message makes absolutely no sense to this topic. No idea why you are talking about hodling or the BCH fork. Either way like I commented on my other post. The people that are screwed the most with this are the retail owners of these ASICs which haven't reached ROI yet. Bitmain doesn't really care since they got plenty of other algos to mine anyways. I bet it is going to fork. SIA price says I'm not the only one. ::) Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: VoskCoin on October 04, 2018, 02:44:33 PM Its barely a blow to bitmain, the monero fork was a way bigger blow , bitmain already killed the sia network and farmed the hell out of sia at lower diffs. Misslrading topic imo , it affects inno way more than bitmain since thier sia hash is far larger. you should rename it to biggest blow dealt to innosilcon lol. Bitmains blow is comming soon with progpow on eth Bitmain is a much more recognizable name compared to innosilicon, Bitmain was also first to market starting this whole debacle. That's why I chose to use Bitmain over inno etc also most people will get a kick out of jihan wu's latest tweet https://twitter.com/VoskCoin/status/1047851145882947585 Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: VoskCoin on October 04, 2018, 02:45:39 PM How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible. But who cares about Siacoin anyway. Its a shitcoin. It is very nice thing if You hodl. Just like summer 2017 BTC/BCH reward for BTC hodlers. yes its just like this except instead of making hundreds to thousands to millions you will make cents to dollars lol ??? Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: VoskCoin on October 04, 2018, 02:46:16 PM Why is Bitmain A3 even being discussed? Its pitiful compared to Innosillicon Siamaster. And the biggest issue is that Innosillicon owns almost 50% of hash-rate for Sia. Yes, Innosillicon self-mining themselves, not the Siamaster's they sold to others. maybe they are uh . . big SIA supporters? ??? lol Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: VoskCoin on October 04, 2018, 02:47:37 PM They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years. How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible. But who cares about Siacoin anyway. Its a shitcoin. I do know of a particular popular person outside of Siacoin who cares about this decision Good ole Jihan Wu https://twitter.com/VoskCoin/status/1047851145882947585 "Siacoin devs decided to use dark force to manipulate everything, and resist started. Good post. Community can fork from within side and it may take over the corrupted founding dev." https://i.imgur.com/F3MaiCcl.png Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: chup on October 04, 2018, 02:51:20 PM yes its just like this except instead of making hundreds to thousands to millions you will make cents to dollars lol ??? Don't get it. SIA exchange liquidity will take "fork bets" in million$ easy. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Metroid on October 04, 2018, 03:50:48 PM Either way like I commented on my other post. The people that are screwed the most with this are the retail owners of these ASICs which haven't reached ROI yet. Bitmain doesn't really care since they got plenty of other algos to mine anyways. And the interesting thing is that Bitmain use this argument when coin devs say they will brick their asics. Bitmain --> "If you devs want to x asics then as we sold many to people, in the end you coin devs will only brick peoples asics.". People need to understand that buying asics always have risks, they should never blame coin devs to brick asics if that is what they were committed in the first place which we all know sia devs were never commited to brick their own asics, and yes to brick competitor asics which i think is wrong. If they want to brick then brick all asics and not just competitor asics cause if they do that then what they are doing is a dictatorial action towards competition and that is wrong in a open cryptocoin market, imagine eth devs bricking amd gpus and letting only nvidia gpus. The truth is that sia devs are doing this as a revenge x bitmain and in the process is ******** all other sia asic companies, in my concept is, brick all or dont brick any. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: dagarair on October 04, 2018, 03:55:24 PM Good post bro.... loose the music :P
Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: VoskCoin on October 04, 2018, 05:30:51 PM Good post bro.... loose the music :P thanks man :D All together or you think it was too loud? A lot of research I've read stated that music promotes increased watch time -> and thats the main metric YT uses to rank / suggest your video to more viewers Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Marvell2 on October 04, 2018, 05:31:13 PM Fork from within side? Obviously he used a translator he can’t be bothered to even use proper english on his rant
smh, shows the utter disdain bitmain has for us lol. I suppose you are right @voskcoin bitmain is bothered by this probably due to the precedent this retro style fork sets, i.e brick asics by brand not asics in general. Good for siacoin , hopefully the eth devs follow Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: fanatic26_ on October 04, 2018, 05:47:27 PM Fork from within side? Obviously he used a translator he can’t be bothered to even use proper english on his rant smh, shows the utter disdain bitmain has for us lol. Actually go watch his presentations. He speaks english and it just makes you sound like an asshole for calling someone out on mistakes they made on the second or third language they have learned. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: DevelopmentBank on October 04, 2018, 06:58:20 PM I'm glad siacoin did this and it's a bold move on their part. Possibly similar to the move Monero made, almost a year ago. I don't see why Siacoin devs had to wait this long to even do this considering they are a direct competitor with their Siacoin Obelisk ASICs.
This won't hurt bitmain much tho. Bitmain is already filthy rich. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: abstractHaze on October 04, 2018, 07:25:55 PM all sia is doing is futher specifying an already specific market ..
asic deepstate asic. Get the fuck outta here. i'm serious... giving traction to these fucks. it's a glory show. it's pure bs. im starting to get angry. THERE tech doesn't deliver cost effective storage. this is a scam coin. thats hiding in disguise, with traction because of very calculated market manipulation REGARDLESS of what bitcoin is doing. we need to stop this shitshow. theres coins chains being created daily. and im not telling you don't mine this or that. do what you want. but this level of fuckery. needs to not go unnoticed. fuck em. just leaving my shit stain for all to see and beware. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Marvell2 on October 04, 2018, 08:15:19 PM Fork from within side? Obviously he used a translator he can’t be bothered to even use proper english on his rant smh, shows the utter disdain bitmain has for us lol. Actually go watch his presentations. He speaks english and it just makes you sound like an asshole for calling someone out on mistakes they made on the second or third language they have learned. my 12 year old brother writes more coherent text messages than this fools tweets. fuck him and fuck bitmain , If its not his language tweet in chinese then and let us translate hes dumb for posting some so incoherent Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: nsummy on October 04, 2018, 09:49:09 PM Good post bro.... loose the music :P thanks man :D All together or you think it was too loud? A lot of research I've read stated that music promotes increased watch time -> and thats the main metric YT uses to rank / suggest your video to more viewers I like the background music. Reminds me of the VHS "adult films" I watched when I was in junior high 8) Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: adaseb on October 04, 2018, 10:59:10 PM So basically SIA will change the algo a little bit and make it incompatible with the Bitmain/Inno ASICs however how do they know that Bitmain/Inno won't just make another ASICs in the near future.
The Obeslik miner is it based on an FGPA or is it an actual ASIC? Because they instead should of just banned all ASICs and used an algo like ProgPOW and gave the mining back to the GPUs which are more decentralized than only the purchasers of Obeslik miners. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Metroid on October 04, 2018, 11:03:17 PM So basically SIA will change the algo a little bit and make it incompatible with the Bitmain/Inno ASICs however how do they know that Bitmain/Inno won't just make another ASICs in the near future. The Obeslik miner is it based on an FGPA or is it an actual ASIC? Because they instead should of just banned all ASICs and used an algo like ProgPOW and gave the mining back to the GPUs which are more decentralized than only the purchasers of Obeslik miners. They are after profits like I stated many times, if it was for the good of the coin concerning security and decentralization then sia would be gpu only. I will never promote sia coin and I support it to fail long term because of these dictatorial practices. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Keres on October 05, 2018, 12:23:27 AM It's great to see SIA break away from ASICS, how i hoped that Ethereum would do the same...
Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Metroid on October 05, 2018, 12:32:06 AM It's great to see SIA break away from ASICS, how i hoped that Ethereum would do the same... "break away from ASICS" correction, is not breaking from, sia will still be asic from and more importantly asics from sia devs. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Keres on October 05, 2018, 12:38:17 AM It's great to see SIA break away from ASICS, how i hoped that Ethereum would do the same... "break away from ASICS" correction, is not breaking from, sia will still be asic from and more importantly asics from sia devs. ah i see, sorry i was in a hurry Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: dagarair on October 05, 2018, 01:09:22 AM Good post bro.... loose the music :P thanks man :D All together or you think it was too loud? A lot of research I've read stated that music promotes increased watch time -> and thats the main metric YT uses to rank / suggest your video to more viewers Repetitive stuff drives me nuts. Maybe its just me lol. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Agozyen on October 05, 2018, 03:21:22 AM They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years. I agree. They needed to do this the day Bitmain announced their miners. I remember when they rejected a fork and I thought to myself that this was a bad idea. At least it was nice to see someone stand up to Bitmain. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: chrisbfrpky on October 05, 2018, 03:26:34 PM They're not "standing up to Bitmain" and it is foolish to claim as such. They are centralizing asic mining to profit from 100% of all asic miner sales used for this coin................ Communism is alive and well in Crypto it would seem. I wonder what decision will be made next to benefit the Sia team?
In case anyone has forgotten, the whole base principle of cryptocurrency is decentralization. Sia is now centralized and no doubt they will have representatives arguing till the end of time they are not but the facts are evident. At this point in time you couldn't run fast enough to give me a Sia coin. Chris B. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: fanatic26_ on October 05, 2018, 03:56:58 PM They're not "standing up to Bitmain" and it is foolish to claim as such. They are centralizing asic mining to profit from 100% of all asic miner sales used for this coin................ Communism is alive and well in Crypto it would seem. I wonder what decision will be made next to benefit the Sia team? In case anyone has forgotten, the whole base principle of cryptocurrency is decentralization. Sia is now centralized and no doubt they will have representatives arguing till the end of time they are not but the facts are evident. At this point in time you couldn't run fast enough to give me a Sia coin. Chris B. It hurts my brain to see the sheep saying that this selective bricking of devices is ok. Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: Msobh on October 05, 2018, 07:25:04 PM it is too late already . they already lost .
this should be a lesson for any other coins that will allow shitmain and other ASICs to takeover their network Title: Re: Siacoin Breaks Millions of Dollars of Cryptocurrency ASIC Miners | SIA Hard Fork Post by: philipma1957 on October 05, 2018, 09:05:49 PM They're not "standing up to Bitmain" and it is foolish to claim as such. They are centralizing asic mining to profit from 100% of all asic miner sales used for this coin................ Communism is alive and well in Crypto it would seem. I wonder what decision will be made next to benefit the Sia team? In case anyone has forgotten, the whole base principle of cryptocurrency is decentralization. Sia is now centralized and no doubt they will have representatives arguing till the end of time they are not but the facts are evident. At this point in time you couldn't run fast enough to give me a Sia coin. Chris B. It hurts my brain to see the sheep saying that this selective bricking of devices is ok. Well if I were sia I would brick your team’s asics along with innosilicon. Then I would not sell any more of my asics. Wait until bitmain and innosilicon copy my asics. Say 120 to 180 days then brick all copycat asics of my asic. So at this point I then would switch to progpow+cnv2 mashup that every end of the month the algo is picked be the tx id for the last block of the month. I could ruin most asics made in the last year that wiped out the entire worlds gpu mining value by careful attacks against asics. But I just a guy in NJ , USA typing on an iPad mini. The cryptocoin industry was dealt a wicked attack when bitmain crushed gpu coins with asic after asic and flooded the market with them at dirt cheap prices. But you are a guy based in China and I am a guy based in the USA so we will differ on what is best for coins. To me I no longer see bitmain’s vision that they have for crypto coins. To fanatic26 I do not think you are wrong to side with bitmain. If I were in your position I would most likely do so. I had a 2 megawatt deal in solar die for me. I would have had 333kwatts at 1 cent if the deal worked. I would have purchased 200 s9js with psus in late July and be close to roi already. |
