Bitcoin Forum
July 20, 2019, 06:43:47 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: « 1 ... 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 [485] 486 »
  Print  
Author Topic: [ANN] Sia - Decentralized Storage  (Read 1338009 times)
bitpotter
Sr. Member
****
Offline Offline

Activity: 762
Merit: 252



View Profile
June 10, 2019, 06:04:38 PM
 #9681

this coin is bleeding death.......

Stop sent FUD reply, look SIA road map on Trello, and you will know what devs team doing now for this projects.

I don't know what problems Siacoin is facing, but I still believe that later it will be great again following in the footsteps of the old altcoin.

 
STORICHAIN
  ❂❂
❂❂
❂❂
▬▬▬▬▬ ▬▬▬▬▬ ▬▬▬▬▬ ▬▬▬▬▬ ▬▬▬▬▬
  ❂❂
❂❂
❂❂
  BOUNTY START
25 JUNE 2019
1563605027
Hero Member
*
Offline Offline

Posts: 1563605027

View Profile Personal Message (Offline)

Ignore
1563605027
Reply with quote  #2

1563605027
Report to moderator
1563605027
Hero Member
*
Offline Offline

Posts: 1563605027

View Profile Personal Message (Offline)

Ignore
1563605027
Reply with quote  #2

1563605027
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563605027
Hero Member
*
Offline Offline

Posts: 1563605027

View Profile Personal Message (Offline)

Ignore
1563605027
Reply with quote  #2

1563605027
Report to moderator
starkovblue
Sr. Member
****
Offline Offline

Activity: 770
Merit: 261



View Profile
June 10, 2019, 06:32:19 PM
 #9682

this coin is bleeding death.......

Stop sent FUD reply, look SIA road map on Trello, and you will know what devs team doing now for this projects.

I don't know what problems Siacoin is facing, but I still believe that later it will be great again following in the footsteps of the old altcoin.

The problem is now in the absence of hyip.
If you can say so, then no development will lead to an increase in capitalization now. We need positive news about investing funds to change the price trend. People just do not see the point in remaining in the project when all the best projects grow stronger and fall less.

 
STORICHAIN
  ❂❂
❂❂
❂❂
▬▬▬▬▬ ▬▬▬▬▬ ▬▬▬▬▬ ▬▬▬▬▬ ▬▬▬▬▬
  ❂❂
❂❂
❂❂
  BOUNTY START
25 JUNE 2019
big_daddy
Full Member
***
Offline Offline

Activity: 798
Merit: 232



View Profile WWW
June 12, 2019, 08:18:32 PM
 #9683

Weeeeee  Grin


motienvolam
Member
**
Offline Offline

Activity: 292
Merit: 20

I love my wife and my little girl


View Profile
June 12, 2019, 11:45:27 PM
 #9684

After saw your post, I visited Sia forum, then its blog, and found that there are ofificial announcements from Sia team. However, by now it is just a demo app for iOS, that is compatible with Android. Good news for Sia enthusiasts is Sia team will keep develop it further from the successful demo app in order to bring better experience for Sia users when they store and retrieve data. You should visit the Sia's blog and Twitter to get their news later.
A New Chapter in Sia Mobile App Development
The first ever upload to and download from the Sia network on a mobile device - without running a full node on the phone - has been accomplished! Read below to see the proof of concept demo for using Sia on iOS from @dangercze and @lukechampine
masulum
Full Member
***
Online Online

Activity: 476
Merit: 186



View Profile WWW
June 14, 2019, 07:26:41 AM
 #9685


I don't know what problems Siacoin is facing, but I still believe that later it will be great again following in the footsteps of the old altcoin.

The problem is now in the absence of hyip.
If you can say so, then no development will lead to an increase in capitalization now. We need positive news about investing funds to change the price trend. People just do not see the point in remaining in the project when all the best projects grow stronger and fall less.

Yups, sometimes good news affected to price of coins or tokens, but if dev team not giving a news or a good news its because development still on process. We just need to wait with patient. We cant blame the slowing process because sometime to implement a technology not easy as people think

QDAO USDQ     |     Platinum StatableCoins: USDQ KRWQ CNYQ JPYQ
█▀   $1MLN BOUNTY POOL   / / / J O I N / / /   ▀█
WHITEPAPER                FACEBOOK                TWITTER                TELEGRAM                ANN THREAD
Searing
Legendary
*
Offline Offline

Activity: 2156
Merit: 1151


Clueless!


View Profile
June 15, 2019, 01:50:41 AM
 #9686

Well..hate to sound like 'sour grapes' but again to me, Sia-Tech is 'almost' perfectly following the ButterFly Labs scam. As long as they 'ship' a product (miners) no matter how

late. The SEC will simply go after the corporation and bankrupt such, with the 'principals' just walking away with Bitcoin from the equipment purchases.

Now 'supposedly' I was 'supposed' to be paid back about $610 or some such to my blockchain on Jan 31st, 2018. But nothing. No reason, just zippo.

This again, IMHO, was just a 'way' to get folk to 'spend' that supposed 'refund' on equipment batches that are dubious at best at this point in time.

The end game seems clear to me, coin speculation and massive difficulty with no storage option at the same level..in fact nowhere near that level. The same

for equipment. What is it 6 batches of Sia-Tech ASIC equipment and again (repeating myself) NO corresponding level of storage solution, again at the level

of these other two legs of this 3 legged stool...it again, seems to me, that Sia-Tech is using the model of BFL to wrangle their way out of a dubious method

of cryptocurrency mining and equipment over-kill, without any real 'storage solution' as they claim at the end of this exercise. Indeed BFL did the same, keeping

all the equipment (mining such) and benefiting from the BTC pump in price and then letting the corporation take the fall. This is a USA thing, miner makers have

an 'out' as long as they 'ship something' and are incorporated. We will see. Chump or Champ. But the silence is 'deafening' on where my supposed 'rebate' they

promised me and others for 1st batch equipment delays. Kinda put up or shut up time. Shut me up, I'd prefer to be wrong, just seeing this as a 'dwindling' likelihood

at this point in time.


Try out www.synchro.net An 'Old School' BBS (Bulletin Board System) works on Win /10/8/7 and Linux!
Three-minute install. The last upgrade was Jan 1st, 2019. I think you will be impressed with this project!
litecoingva
Full Member
***
Offline Offline

Activity: 238
Merit: 100


in LTC i trust


View Profile
June 15, 2019, 09:45:04 AM
 #9687

support sia on ledger. everybody should go to vote

>>>>>https://trello.com/c/puwUWpl8/125-sia-support<<<<<



@litecoingva
paramind22
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 512


View Profile WWW
June 19, 2019, 11:12:00 PM
 #9688

Does this coin stake?  It must be cheap now to start to get some stakes.  Anyone know?

DebitMe
Legendary
*
Offline Offline

Activity: 2142
Merit: 1005


★Bitvest.io★ Play Plinko or Invest!


View Profile
June 19, 2019, 11:16:06 PM
 #9689

I am sad to see siacoin having so many problems. I always figured the developers getting into the ASIC space was going to hurt them.

I have some old siacoin mining equipment if anyone is interested that I really need to offload. Basically a server and 5, 24 slot bay drives, all filled with 2 TB hard drives each. Almost 250 TB of storage. Anyone interested?



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
paramind22
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 512


View Profile WWW
June 20, 2019, 02:14:14 AM
 #9690

If the coin has a profitable staking percentage, that alone puts some utility in the coin and will draw investors who like to stake. 

If the team can't answer this question, then maybe it's not worth it. 

groggin
Legendary
*
Offline Offline

Activity: 1846
Merit: 1001



View Profile
June 20, 2019, 01:37:38 PM
 #9691



@paramind22 sia is PoW

 and when functional, data storage farming

loose the sword that is your pen or tongue [or bittorrent enabled computer] and help fight the so-called new world order   it is the enemy of humanity[/b][/url]  |  Sign-up @ Aurovine to get FREE HD music ... and coins!| |
gembitz
Sr. Member
****
Offline Offline

Activity: 994
Merit: 353


*Brute force will solve any Bitcoin problem*


View Profile
June 20, 2019, 03:33:10 PM
 #9692

Well..hate to sound like 'sour grapes' but again to me, Sia-Tech is 'almost' perfectly following the ButterFly Labs scam. As long as they 'ship' a product (miners) no matter how

late. The SEC will simply go after the corporation and bankrupt such, with the 'principals' just walking away with Bitcoin from the equipment purchases.

Now 'supposedly' I was 'supposed' to be paid back about $610 or some such to my blockchain on Jan 31st, 2018. But nothing. No reason, just zippo.

This again, IMHO, was just a 'way' to get folk to 'spend' that supposed 'refund' on equipment batches that are dubious at best at this point in time.

The end game seems clear to me, coin speculation and massive difficulty with no storage option at the same level..in fact nowhere near that level. The same

for equipment. What is it 6 batches of Sia-Tech ASIC equipment and again (repeating myself) NO corresponding level of storage solution, again at the level

of these other two legs of this 3 legged stool...it again, seems to me, that Sia-Tech is using the model of BFL to wrangle their way out of a dubious method

of cryptocurrency mining and equipment over-kill, without any real 'storage solution' as they claim at the end of this exercise. Indeed BFL did the same, keeping

all the equipment (mining such) and benefiting from the BTC pump in price and then letting the corporation take the fall. This is a USA thing, miner makers have

an 'out' as long as they 'ship something' and are incorporated. We will see. Chump or Champ. But the silence is 'deafening' on where my supposed 'rebate' they

promised me and others for 1st batch equipment delays. Kinda put up or shut up time. Shut me up, I'd prefer to be wrong, just seeing this as a 'dwindling' likelihood

at this point in time.




more like paycoin / Josh Garza movie whereas they lurking around boston  Cool *stay tuned*

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
paramind22
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 512


View Profile WWW
June 20, 2019, 04:20:59 PM
 #9693



@paramind22 sia is PoW

 and when functional, data storage farming


Thanks. I thought there was some kind of reward system that SIA gave holders.

SAMIAM22
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
June 21, 2019, 06:46:56 AM
 #9694


Steady development, progress, project commits - work speaks louder than FUD (and/or former team members who were 'let go')

*Weekly* Updates at the Siacoin Youtube channel:

https://www.youtube.com/watch?v=aW1RrUz_yhQ


Big things happening in Boston, future is VERY bright for Siacoin:

https://www.theice.com/market-data/connectivity-and-feeds/consolidated-feed/coverage-list/cryptocurrencies


DebitMe
Legendary
*
Offline Offline

Activity: 2142
Merit: 1005


★Bitvest.io★ Play Plinko or Invest!


View Profile
June 22, 2019, 07:25:08 PM
 #9695

Are there any other competitors for sia at this point? I remember that there was one or two others, but cant remember their names.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
paramind22
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 512


View Profile WWW
June 22, 2019, 08:21:13 PM
 #9696



@paramind22 sia is PoW

 and when functional, data storage farming

Will that reward people?  I must be confusing SIA with another coin that isn't POS but not POW which I thought was rewarding
holders for the last couple of years. 

DebitMe
Legendary
*
Offline Offline

Activity: 2142
Merit: 1005


★Bitvest.io★ Play Plinko or Invest!


View Profile
June 22, 2019, 08:46:47 PM
 #9697



@paramind22 sia is PoW

 and when functional, data storage farming

Will that reward people?  I must be confusing SIA with another coin that isn't POS but not POW which I thought was rewarding
holders for the last couple of years. 

Siacoin is earned by renting out your unused hard drive space. You can also mine it using your hard drive.  It doesn't stake and you cant earn more simply by having some.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Searing
Legendary
*
Offline Offline

Activity: 2156
Merit: 1151


Clueless!


View Profile
June 22, 2019, 10:18:09 PM
 #9698



@paramind22 sia is PoW

 and when functional, data storage farming

Will that reward people?  I must be confusing SIA with another coin that isn't POS but not POW which I thought was rewarding
holders for the last couple of years. 

Siacoin is earned by renting out your unused hard drive space. You can also mine it using your hard drive.  It doesn't stake and you cant earn more simply by having some.

The catch is getting used and/or new HD's to rent out such space does not count. Not prudent or feasible or practical at all. The amount of space to make anything on siacoin storage

would require you to have an existing data hall and just do this for kicks. In that you already own the hardware and using it for data storage anyway, so why not use the unused space. It

seems that may be more trouble than it is worth at this time in the sia-tech storage universe for even that to be worthwhile.

I've said it before. Much talk of this storage option but very little in the real world, to justify such equipment purchases either used HD's or new HD's to make this feasible at this time.

But a lot more real-world $$$ can be made in the ASIC miner money making by sia-tech (what is it the 7th batch now?). To top that off, even the last of the ASIC miner batches

they are making are for GRIN coin and not siacoin. You add the other leg to the stool that is overbuilt that is the coin itself. Likely, IMHO, for the amount of work done.

The last leg of this 3 legged stool is the siacoin that is out in the world, much more difficult and much more coin than the siacoin storage network could justify even if it was up in full.

Lots of issues. Couple years behind Timeline. The emphasis on making equipment vs promoting the storage aspect of siacoin. Quite frankly, I'm surprised the coin is not 1/5th the

price it is currently. Not looking good IMHO. Not at all. They need to step it up so AT LEAST a hobbyist can make a sia-tech storage HD system out of used or new parts and play with

it and at LEAST make enough money for electricity in (you pay) for storage payments (to your) in (siacoin storage pays). Without that to move things along it looks like to me, full

stagnation for the storage option..the 'supposed' crown jewel of decentralized, everyone, anonymous cloud storage for everyone.

Naw, at the present time, I"m not buying the hype. They are going sideways on this project at best and likely backsliding big time without our full awareness.

my two siacoin of wisdom on this

Brad


Try out www.synchro.net An 'Old School' BBS (Bulletin Board System) works on Win /10/8/7 and Linux!
Three-minute install. The last upgrade was Jan 1st, 2019. I think you will be impressed with this project!
DebitMe
Legendary
*
Offline Offline

Activity: 2142
Merit: 1005


★Bitvest.io★ Play Plinko or Invest!


View Profile
June 23, 2019, 02:32:50 AM
 #9699



@paramind22 sia is PoW

 and when functional, data storage farming

Will that reward people?  I must be confusing SIA with another coin that isn't POS but not POW which I thought was rewarding
holders for the last couple of years. 

Siacoin is earned by renting out your unused hard drive space. You can also mine it using your hard drive.  It doesn't stake and you cant earn more simply by having some.

The catch is getting used and/or new HD's to rent out such space does not count. Not prudent or feasible or practical at all. The amount of space to make anything on siacoin storage

would require you to have an existing data hall and just do this for kicks. In that you already own the hardware and using it for data storage anyway, so why not use the unused space. It

seems that may be more trouble than it is worth at this time in the sia-tech storage universe for even that to be worthwhile.

I've said it before. Much talk of this storage option but very little in the real world, to justify such equipment purchases either used HD's or new HD's to make this feasible at this time.

But a lot more real-world $$$ can be made in the ASIC miner money making by sia-tech (what is it the 7th batch now?). To top that off, even the last of the ASIC miner batches

they are making are for GRIN coin and not siacoin. You add the other leg to the stool that is overbuilt that is the coin itself. Likely, IMHO, for the amount of work done.

The last leg of this 3 legged stool is the siacoin that is out in the world, much more difficult and much more coin than the siacoin storage network could justify even if it was up in full.

Lots of issues. Couple years behind Timeline. The emphasis on making equipment vs promoting the storage aspect of siacoin. Quite frankly, I'm surprised the coin is not 1/5th the

price it is currently. Not looking good IMHO. Not at all. They need to step it up so AT LEAST a hobbyist can make a sia-tech storage HD system out of used or new parts and play with

it and at LEAST make enough money for electricity in (you pay) for storage payments (to your) in (siacoin storage pays). Without that to move things along it looks like to me, full

stagnation for the storage option..the 'supposed' crown jewel of decentralized, everyone, anonymous cloud storage for everyone.

Naw, at the present time, I"m not buying the hype. They are going sideways on this project at best and likely backsliding big time without our full awareness.

my two siacoin of wisdom on this

Brad



I haven't checked out the network adoption statistics recently, do you still lose money on the renting out space aspect? Are they just not marketing towards growing the customer base? I thought it was weird when they went into ASICs and thought, that will really distract from their main goal of growing the number of people storing files on it.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Searing
Legendary
*
Offline Offline

Activity: 2156
Merit: 1151


Clueless!


View Profile
June 23, 2019, 04:26:25 AM
 #9700



@paramind22 sia is PoW

 and when functional, data storage farming

Will that reward people?  I must be confusing SIA with another coin that isn't POS but not POW which I thought was rewarding
holders for the last couple of years. 

Siacoin is earned by renting out your unused hard drive space. You can also mine it using your hard drive.  It doesn't stake and you cant earn more simply by having some.

The catch is getting used and/or new HD's to rent out such space does not count. Not prudent or feasible or practical at all. The amount of space to make anything on siacoin storage

would require you to have an existing data hall and just do this for kicks. In that you already own the hardware and using it for data storage anyway, so why not use the unused space. It

seems that may be more trouble than it is worth at this time in the sia-tech storage universe for even that to be worthwhile.

I've said it before. Much talk of this storage option but very little in the real world, to justify such equipment purchases either used HD's or new HD's to make this feasible at this time.

But a lot more real-world $$$ can be made in the ASIC miner money making by sia-tech (what is it the 7th batch now?). To top that off, even the last of the ASIC miner batches

they are making are for GRIN coin and not siacoin. You add the other leg to the stool that is overbuilt that is the coin itself. Likely, IMHO, for the amount of work done.

The last leg of this 3 legged stool is the siacoin that is out in the world, much more difficult and much more coin than the siacoin storage network could justify even if it was up in full.

Lots of issues. Couple years behind Timeline. The emphasis on making equipment vs promoting the storage aspect of siacoin. Quite frankly, I'm surprised the coin is not 1/5th the

price it is currently. Not looking good IMHO. Not at all. They need to step it up so AT LEAST a hobbyist can make a sia-tech storage HD system out of used or new parts and play with

it and at LEAST make enough money for electricity in (you pay) for storage payments (to your) in (siacoin storage pays). Without that to move things along it looks like to me, full

stagnation for the storage option..the 'supposed' crown jewel of decentralized, everyone, anonymous cloud storage for everyone.

Naw, at the present time, I"m not buying the hype. They are going sideways on this project at best and likely backsliding big time without our full awareness.

my two siacoin of wisdom on this

Brad



I haven't checked out the network adoption statistics recently, do you still lose money on the renting out space aspect? Are they just not marketing towards growing the customer base? I thought it was weird when they went into ASICs and thought, that will really distract from their main goal of growing the number of people storing files on it.

I'd really, really, really like to be proven wrong on all this siacoin and sia-tech drama of 1 part coin 1 part equip and 1 part storage. But as far as I know (please, please

someone prove me completely wrong) you simply can't get even within miles of making any money on a sia storage box 'toy, even if your only goal is to put electric in

and hope siacoin comes out at more or less the same return. So, IF there was even a 20% loss of electric in for siacoin out on such a box, even if made with 'used' HD's

off the cuff. There would be, IMHO, at least more than a few folks doing such for giggles to promote this coin and vision. But it is just 'deafening' silence on this whole

part of their project and talk of how they got some corp data farm to do this stuff or something. The boat as it exists doesn't float. No hype, no storage demos, nothing.

Again, someone with a box put up some numbers on what you get even NOT including equipment costs....just frigging electric in (something that is built exists) vs storage

payment out..would be a start.

Anyway, would as usual like to be proven wrong on this, but not seeing it.

Brad

Try out www.synchro.net An 'Old School' BBS (Bulletin Board System) works on Win /10/8/7 and Linux!
Three-minute install. The last upgrade was Jan 1st, 2019. I think you will be impressed with this project!
Pages: « 1 ... 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 [485] 486 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!