[ANN] Sia - Decentralized Storage

[CryptoProphet]

when most of cryptocurrency going down in BTC terms,,
sia has increase the value in BTC terms,,
yes i know not much, but this is very good sign

yes, I want buy some Sia coins today..
where buy it better?

[1714109658]

1714109658

[ruptan]

Its good to be positive but Poloniex has the wallet on Maintenance. Is that a good thing or bad? As for the mining, it might be the same situation as D3, too much hash rate and not much profit and you will end up loosing at the end. Only Bitmain making profit and moving to Switzerland as China is blocking their mining business.

[Simss]

many things that can be happen in this world, such as a higher value or when prices goes down to the earth. this becomes commonly situation in here. for example see a few days ago, Sia coin down to earth but now it grow up again. you can speculate anything but remember, nothing is impossible. keep it up and hodl this coin for your own sake

[khash4u]

The charts are identical today.
Bitcoin will always dictate the alt coins so long as they are paired against it in the markets

https://imgur.com/a/jOkXK

[jerald125]

With a glance at Sia price, it has performed extremely good recent days after massive corrections of crypto market. Are there interesting news related to Sia? Thanks.

You are right. I also look for more time for Sia and see good progress. I hope this progress will continue to grow. Even if not in big spurts, that's fine too.

[MrSunshine]

Why ther are nuch people talking negative about sia ?  On twitter telegram etc  i like the idee of the project

Because they are idiots that don't do research and probably bought Sia when it had a high price and got burned. If they don't back up their claims with facts, ignore them.

[KNA84]

I wonder if people are aware that Bitmain is releasing an A3 815Gh / s machine only for the Blake2b protocol so only for SIACOIN, if the miners will be paid only in SIACOIN so you can be sure that the price will go down below $ 0.04 First delivery of Asic A3 Bitmain expected in ..... 10 days


sourcing : https://shop.bitmain.com/productDetail.htm?pid=00020180116164357365a2ljX8gx06D3&utm_source=mass%20email&utm_medium=email&utm_campaign=a3-17012018

We are proud and happy to announce the release of the new Antminer A3, a new Antminer model for mining cryptocurrencies based on the hashing algorithm Blake(2b).

The Antminer A3 delivers a hashrate of 815GH/s (±5%) with a power efficiency of 1.56mJ/MH (+7%).

It is ready to order now and will ship within 10 working days from the time when the order payment is completely received by Bitmain

Basicaly you're saying: if you're mining SIA, switch to another cuz it wont be profitable for GPU miners anymore?

That was my impression. The new mining will increase difficulty which generally increases prices.  If miners are paid in Siacoin, then that should drive the price up, not down, right? This would increase demand.  I am buying SC on Bittrex now.

DASH is a good Example what a new Miner Generation will do to the Price mid/longterm.
It will go up not down.

Hello Rumhurius, did you still notice that the Circulating Supply is 7,825,164 DASH ---- DASH Max Supply is 18,900,000 DASH

That of the SIA is Circulating Supply 31,396,146,174 SC --- Max Supply more than 31 billion?!

There is a small huge difference    

[Hullo]

It is sufficient to understand the project that it is fully functional and service provider though at limited numbers at this moment. When people miss to buy cheap or see things using own so-called ways then they speak whatever they want. Siacoin is looking good and doing fine its job.

[Anycrypt]

It is sufficient to understand the project that it is fully functional and service provider though at limited numbers at this moment. When people miss to buy cheap or see things using own so-called ways then they speak whatever they want. Siacoin is looking good and doing fine its job.

how do you think at what level is their coin now?
Is it worth it to invest in the medium term? Is growth expected in the near future?

[khash4u]

https://www.reddit.com/r/siacoin/comments/7r4spy/dev_team_thoughts_on_the_bitmain_a3/
https://www.coindesk.com/antpool-adds-support-for-siacoin-mining-amid-bitmain-miner-launch/

Soft fork Sia I think it's for the best.

[luksbit]

The charts are identical today.
Bitcoin will always dictate the alt coins so long as they are paired against it in the markets

https://imgur.com/a/jOkXK

Also agree, the altcoins walks according to the bitcoin, so if the btc goes up and it is very likely the Alts accompany.

[adamantasaurus]

I mean I just bought some siacoin yesterday just because bitmain is making that new miner and I definitely think the price will go up. Look at dash look at ltc any coin that is mined with an asic has gone a lot higher. Especially a bitmain asic....

[martinyin]

I mean I just bought some siacoin yesterday just because bitmain is making that new miner and I definitely think the price will go up. Look at dash look at ltc any coin that is mined with an asic has gone a lot higher. Especially a bitmain asic....

What's the magic of bitmain asics?

[adamantasaurus]

I mean I just bought some siacoin yesterday just because bitmain is making that new miner and I definitely think the price will go up. Look at dash look at ltc any coin that is mined with an asic has gone a lot higher. Especially a bitmain asic....

What's the magic of bitmain asics?

No magic just the most popular and widely used mining machines so with that said once they release a miner MOST people buy them (the home miners as well as the big companies) so with all that new hashing power directed at whatever coin/algo they release a miner for it usually means that coin becomes that much popular raise in awareness = raise in price at least that's my thinking what do you guys think?

[Jerry79]

Hey nice i found this they are working with sia
First blockchain exit for Austria: Startup Minebox sold to New Zealand ClearCenter

https://minebox.io/

https://steemit.com/austria/@harimbadl/first-blockchain-exit-for-austria-startup-minebox-sold-to-new-zealand-clearcenter

Minebox NAS is smart data storage box that connects to peer-to-peer cloud storage network powered and secured by a blockchain.
Important files deserve a great storage and backup strategy to protect against unexpected hardware failure, natural disasters, accidental deletion or cyberattacks.

http://cryptomining-blog.com/tag/minebox-siacoin/

The creators of the Minebox NAS storage with support for SIACoin (SC) have made available an online demo of the xOS interface that their devices apparently use, allowing users to get a feel on what to expect from the devices. Minebox is still running their limited pre-order of 200 units with 138 left to go, so you can still reserve yours if you are interested in the project and also want to support it. The sale is running a bit slow with some users not liking very much the higher price of the devices, but then again getting an NAS solution with the same HDDs for storage probably won’t be much different price wise and it will not have the features Minebox has.

[khash4u]

I mean I just bought some siacoin yesterday just because bitmain is making that new miner and I definitely think the price will go up. Look at dash look at ltc any coin that is mined with an asic has gone a lot higher. Especially a bitmain asic....

What's the magic of bitmain asics?

No magic just the most popular and widely used mining machines so with that said once they release a miner MOST people buy them (the home miners as well as the big companies) so with all that new hashing power directed at whatever coin/algo they release a miner for it usually means that coin becomes that much popular raise in awareness = raise in price at least that's my thinking what do you guys think?

As soon as the big mining companies build their mining farms they will take control of the mining hash power capacity which means individuals wanting to mine will no longer be able to compete. I posted this was going to happen on the forums as soon as the team announced they were going to launch ASIC's for siacoin. There are both advantages and disadvantages, with a big max supply of siacoin it's going to be a race to mine them all that's for sure while selling them off to pay for costs and upgrades, how this will affect host providers profits we don't know yet but this could spell disaster for the project itself without them its all over...

[Jerry79]

Another Upcoming SiaCoin ASIC, the DragonMint B52 Blake2b Miner

capable of 3.5 THS Blake2b mining

https://mycryptocurrencynews.online/?p=623

[khash4u]

Another Upcoming SiaCoin ASIC, the DragonMint B52 Blake2b Miner

capable of 3.5 THS Blake2b mining

https://mycryptocurrencynews.online/?p=623

Winter is coming

[Hakkane]

As soon as the big mining companies build their mining farms they will take control of the mining hash power capacity which means individuals wanting to mine will no longer be able to compete. I posted this was going to happen on the forums as soon as the team announced they were going to launch ASIC's for siacoin. There are both advantages and disadvantages, with a big max supply of siacoin it's going to be a race to mine them all that's for sure while selling them off to pay for costs and upgrades, how this will affect host providers profits we don't know yet but this could spell disaster for the project itself without them its all over...

You are missing an important point. No matter how much hashrate is added to the network, the block time, the supply rate and the inflation rate remain exactly the same. The difficulty algorithm changes dynamically to adjust to the current hashrate in the network.

It doesn't matter if the amount of ASICs released are 10,000 or 10 millions or which is its distribution (home miners or a couple of huge farms): the coin supply and the inflation remains the same and can be predicted: https://www.siastats.info/supply_inflation.html

[mmfiore]

Another Upcoming SiaCoin ASIC, the DragonMint B52 Blake2b Miner

capable of 3.5 THS Blake2b mining

https://mycryptocurrencynews.online/?p=623

Winter is coming

damn my hardware will be obsolete with that kind of monster