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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1340149 times)
hdclover
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July 21, 2017, 06:44:39 AM
 #5321

is filecoin a sia clone ? so many competitor nowadays huh ?

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Shoxc
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July 21, 2017, 07:06:50 AM
 #5322

is filecoin a sia clone ? so many competitor nowadays huh ?

Yeah, that's what I am thinking too. Story seems to be another great competitor too.
But recently they have released Sia-specific miners (like there are for example Antminers for Bitcoins). That's why I'm holing my Sia..hoping for some people to go all in on Sia and push the Volume and the price Cheesy
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July 21, 2017, 10:23:22 AM
 #5323

is filecoin a sia clone ? so many competitor nowadays huh ?

Yeah, that's what I am thinking too. Story seems to be another great competitor too.
But recently they have released Sia-specific miners (like there are for example Antminers for Bitcoins). That's why I'm holing my Sia..hoping for some people to go all in on Sia and push the Volume and the price Cheesy

They released a concept of a miner but no actual miner yet. Projected release date is not until June 2018 if everything goes according to schedule.

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July 21, 2017, 10:30:37 AM
 #5324

Picked up a cool couple million SC this morning. Price seems as if it might have bottomed up after the recent spike. Lets see what happens Smiley

Now it is the right time to Buy SIA coin because still, the price is very cheap in the market. We have to grab as many as possible once the price spikes we can make more money with SIA. SIA is always my favorite coin the market it gives me profits always.


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inck
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July 21, 2017, 10:31:37 AM
 #5325

Is it still lucrative to "mine" Sia by providing disk space? How much will I need in order to make good revenues?

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Hakkane
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July 21, 2017, 12:58:59 PM
 #5326

Is it still lucrative to "mine" Sia by providing disk space? How much will I need in order to make good revenues?

Offering your disk space is called "hosting" or "farming" (In opposition to "mining"). You set up your own pricing, but you have to be competitive in order to get file contracts. Top hosts target to $1-2/Tb/month.

If have access to cheap HDDs, under certain scales and setups you could make ROI in less than a year. Right now the network is still underused, but the usage is growing fast, so probably in half year or 1 year good hosts will be able to host dozens of Terabytes an be profitable. Of course you'll still need cheap hardware (24/7 server-like infrastructure) and good bandwidth. But the advantages, compared to mining, is that electricity costs are minimal and there is not a increase in difficulty over time: if you remain competitive, you keep getting contracts
dashingriddler
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July 21, 2017, 02:21:09 PM
 #5327

The blockheight is currently 114301 so you still have a little ways to go.

Finally got above 110895 so it is getting very slow when it gets closer to this number. It took a entire day just to get from 109000 to 110795.

Can anyone tell me what the blockheight is at now currently?
I would imagine it would take me another day to get it fully synced up.

Thanks from the

dashingriddler

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wwzsocki
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July 21, 2017, 05:08:16 PM
 #5328

Can I actually sell my disk space already using Siacoin of this is all only in preparation stage???

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Hakkane
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July 21, 2017, 05:51:10 PM
 #5329

Can anyone tell me what the blockheight is at now currently?

At this precise moment we are at block #115,239. Last blocks, starting at 100.000, take very long as they were almost full (it is when Sia gained a lot of visibility)

If you ever need to sync again, or you are a new user, I strongly encourage you to manually download the consensus file ("bootstrapping") instead of leaving the client to do it automatically: https://siawiki.tech/daemon/bootstrapping_the_blockchain

Can I actually sell my disk space already using Siacoin of this is all only in preparation stage???

"Selling" your free disk space has been a feature available since Day 1
inck
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July 21, 2017, 08:25:09 PM
 #5330

Is it still lucrative to "mine" Sia by providing disk space? How much will I need in order to make good revenues?

Offering your disk space is called "hosting" or "farming" (In opposition to "mining"). You set up your own pricing, but you have to be competitive in order to get file contracts. Top hosts target to $1-2/Tb/month.

If have access to cheap HDDs, under certain scales and setups you could make ROI in less than a year. Right now the network is still underused, but the usage is growing fast, so probably in half year or 1 year good hosts will be able to host dozens of Terabytes an be profitable. Of course you'll still need cheap hardware (24/7 server-like infrastructure) and good bandwidth. But the advantages, compared to mining, is that electricity costs are minimal and there is not a increase in difficulty over time: if you remain competitive, you keep getting contracts

Hm, a 1TB hdd has an energy consumption of 5W. This would cost me around $1 per month to operate without any server infrastructure. Don’t think that it is that easy to achieve ROI...

SURETLY  ★ First crowdvouching platformSURETLY
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ICO on July,11
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MrSunshine
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July 21, 2017, 08:48:48 PM
 #5331


Hm, a 1TB hdd has an energy consumption of 5W. This would cost me around $1 per month to operate without any server infrastructure. Don’t think that it is that easy to achieve ROI...

As it gets bigger, Sia expects larger server storage farms would be the likely hosts. But some people have servers running 24/7 that have a few extra unused storage that they could leverage here.
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July 21, 2017, 08:52:36 PM
 #5332

Hm, a 1TB hdd has an energy consumption of 5W. This would cost me around $1 per month to operate without any server infrastructure. Don’t think that it is that easy to achieve ROI...

Well, don't use 5W HDDs then  Smiley  There are plenty of 1-2W HDDs out there (5400rpm), and of course is more efficient to use HDDs of a capacity higher than 1Tb. And cheaper. Actually, best price per TB is achieved in 3Tb and 4Tb HDDs, and they consume the same energy as one of 1Tb
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July 23, 2017, 12:06:43 AM
 #5333

Can anyone tell me what the blockheight is at now currently?

At this precise moment we are at block #115,239. Last blocks, starting at 100.000, take very long as they were almost full (it is when Sia gained a lot of visibility)

If you ever need to sync again, or you are a new user, I strongly encourage you to manually download the consensus file ("bootstrapping") instead of leaving the client to do it automatically: https://siawiki.tech/daemon/bootstrapping_the_blockchain


Thanks for this vital information.
If I ever need to do this again on another system I will be taking this route you specified to me to just now.
The last 110895 to where I am now roughly 111900 is taking an awfully long time and needed to shut down because it was taking too long to get any further. Embarrassed

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moon010
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July 24, 2017, 07:46:22 AM
 #5334

Hello my friend
Is there a solution to the sync problem?
Wallet operated sync since 5 days
Thank
Hakkane
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July 24, 2017, 01:07:23 PM
 #5335

Hello my friend
Is there a solution to the sync problem?
Wallet operated sync since 5 days
Thank

It is not a "problem" by itself, it just takes very long time to validate each block on the blockchain. If you use a SSD instead of a HDD it will take less than one day in total. Also, once version 1.3 is finally released the initial sync time will be greatly reduced.

As you have been syncing for 5 days I would just leave it a bit more of time to finish. There is an alternative solution, called "bootstapping": you download the blockchain file (consensus.db) from a reliable source so once you open again the client it just have to validate the chain, but not download it. It still will require several hours or even a full day, but it is less time than downloading the blockchain from the scratch. Follow these instructions: https://siawiki.tech/daemon/bootstrapping_the_blockchain
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July 24, 2017, 03:01:47 PM
 #5336

Sia about to break 400 sats Smiley

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July 24, 2017, 03:48:13 PM
 #5337

Sia about to break 400 sats Smiley


410 sats at the moment Grin
A good increase from the bottom at 263 sats 11. July
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July 24, 2017, 05:02:42 PM
 #5338

Sia about to break 400 sats Smiley


410 sats at the moment Grin
A good increase from the bottom at 263 sats 11. July

Hope we will get some resistance today to hold 400 till tomorrow

yesss ... I love SIA
cygan
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July 24, 2017, 05:15:12 PM
 #5339

Sia about to break 400 sats Smiley


410 sats at the moment Grin
A good increase from the bottom at 263 sats 11. July

i hope we can reach the 600sats in the next days.
than i'm +/- 0  Grin
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July 24, 2017, 05:30:31 PM
 #5340

SIA is a valid project.
Hope continue growing and get updated, maybe with more anonymous coin sending features.
It can grown a lot!

Goo SIA !!!!  Wink
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