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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1382131 times)
freshman777
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June 13, 2016, 03:53:36 PM
 #3281

I know that the current SC supply (according to coinmarketcap) is ~ 14.94BN coins

But what will be the eventual total supply and over what timescale will that happen?

Apologies if this info is already available somewhere - I've looked but can't find it. Thanks  Smiley

The last time I checked the numbers: ~ 45Billion in 5 years is the main supply and a very small inflation after that, about 1% yearly.

Thanks  Smiley

I've re-done calculations, and it added up to 36 Billion in 2020 and 1.5 Billion every year after that. 45 Billion in 2026, can someone confirm or correct these figures?

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Camus
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June 13, 2016, 04:27:21 PM
 #3282

Need more positive information about sia, then just praying for the next great coin ,i have bought some on yunbi.com
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June 13, 2016, 05:33:47 PM
 #3283

Super great news on Cointelegraph.com!
in-cred-u-lous
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June 14, 2016, 07:08:14 PM
 #3284

The Sia Core Team is doing an AMA on Reddit and Slack today, June 14th:
https://www.reddit.com/r/siacoin/comments/4o1tu4/we_are_the_sia_core_team_aua/

Get your questions answered from the developers themselves!
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June 15, 2016, 04:30:57 AM
 #3285

When I use four graphics cards to mine a block, each card need to calculate a entire block or 1/4 block?
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June 16, 2016, 02:35:44 AM
 #3286

hi all,

im new to SIA, just heading back from STORJ, im looking for guidence to setup HDD farm and miner.
I cannt find any help on open page.

Tks in adv
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June 16, 2016, 10:23:53 AM
 #3287

Is SIA mining only available for LINUX machines right now or there is a Windows variant.

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June 16, 2016, 11:14:53 AM
 #3288

Will I be able to spend my siafunds with the GUI of 1.0? And will I be able to import my old wallet.dat or wallet.backup?

I am a participant in the genesis account of siafunds. I hope I haven't lost my siafunds forever. But I am not sure. All I have are old wallet.dat's and wallet.backup files.
can anyone answer this?

Sorry for my broken English XD
durerus
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June 16, 2016, 01:03:50 PM
 #3289

Will I be able to spend my siafunds with the GUI of 1.0? And will I be able to import my old wallet.dat or wallet.backup?

I am a participant in the genesis account of siafunds. I hope I haven't lost my siafunds forever. But I am not sure. All I have are old wallet.dat's and wallet.backup files.
can anyone answer this?

I was talking to Taek on Slack about this. He said I have to wait until 1.0 and that he thinks my Siafunds are NOT lost. Let's hope the best Smiley
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June 16, 2016, 03:02:09 PM
 #3290

I know that the current SC supply (according to coinmarketcap) is ~ 14.94BN coins

But what will be the eventual total supply and over what timescale will that happen?

Apologies if this info is already available somewhere - I've looked but can't find it. Thanks  Smiley

The last time I checked the numbers: ~ 45Billion in 5 years is the main supply and a very small inflation after that, about 1% yearly.

Thanks  Smiley

I've re-done calculations, and it added up to 36 Billion in 2020 and 1.5 Billion every year after that. 45 Billion in 2026, can someone confirm or correct these figures?

Bump Smiley
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June 17, 2016, 07:22:28 AM
 #3291

Will I be able to spend my siafunds with the GUI of 1.0? And will I be able to import my old wallet.dat or wallet.backup?

I am a participant in the genesis account of siafunds. I hope I haven't lost my siafunds forever. But I am not sure. All I have are old wallet.dat's and wallet.backup files.
can anyone answer this?

I was talking to Taek on Slack about this. He said I have to wait until 1.0 and that he thinks my Siafunds are NOT lost. Let's hope the best Smiley

Okay, thanks, must be in the account

Sorry for my broken English XD
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June 17, 2016, 11:30:26 AM
 #3292

Hi everyone, who knows Sia mining pool?


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endlessskill
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June 17, 2016, 05:05:54 PM
 #3293

Hi everyone, who knows Sia mining pool?
No pools for Sia.
RealRimlin
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June 17, 2016, 08:00:26 PM
 #3294

I heard about first pool for siacoin   Tongue
Actually why anyone not build pool for that coin?


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4emily
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June 18, 2016, 12:05:50 AM
 #3295

I know that the current SC supply (according to coinmarketcap) is ~ 14.94BN coins

But what will be the eventual total supply and over what timescale will that happen?

Apologies if this info is already available somewhere - I've looked but can't find it. Thanks  Smiley

The last time I checked the numbers: ~ 45Billion in 5 years is the main supply and a very small inflation after that, about 1% yearly.

Thanks  Smiley

I've re-done calculations, and it added up to 36 Billion in 2020 and 1.5 Billion every year after that. 45 Billion in 2026, can someone confirm or correct these figures?

Bump Smiley

The definitive answer:

Quote
In Sia FAQ - "The number of siacoins created each block is (300,000 - height). The genesis block has a height of 0. After height 270,000, all blocks will have a reward of 30,000 siacoins. The current number of siacoins can be found at explore.siacoin.com"

Right now (March 26th, 2016) the Sia block height is 43,049. So it will need about another 4.3 years((270,000-43,049)/(144365)=4.3years) to hit the 270,000 block height to start the 30,000 coins constant rewards. In about 4.3 years when sia hits the 270,000 block height, there will be about 44.55 billion (((300,000+30,000)/2)270,000=44.55 billion) siacoins available in the market. From there, there will be about 1.57 billion (30,000144365=1.5678 billion) of siacoins coming out from the mining every year constantly. So in 5 years from today, there will be about 45.6 billion of siacoins available. In 10 years from today, there will be about 53.5 billion of siacoins available in the market.

http://forum.sia.tech/topic/161/about-siacoins-calculation-and-supply


fartbags
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June 18, 2016, 12:33:06 AM
 #3296




How does this system differ from STORJ? $DCO is looking for a storage solution for our decentralized collaborative organization.



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June 18, 2016, 06:06:38 AM
 #3297

How does this system differ from STORJ? $DCO is looking for a storage solution for our decentralized collaborative organization.

Here's a useful summary - see also Taek's replies to comments:

http://forum.sia.tech/topic/21/sia-vs-storj-vs-maidsafe
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June 18, 2016, 11:01:04 PM
 #3298

Why is there such a long delay for a pool?
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June 19, 2016, 02:10:57 AM
 #3299

Will I be able to spend my siafunds with the GUI of 1.0? And will I be able to import my old wallet.dat or wallet.backup?

I am a participant in the genesis account of siafunds. I hope I haven't lost my siafunds forever. But I am not sure. All I have are old wallet.dat's and wallet.backup files.
can anyone answer this?

I was talking to Taek on Slack about this. He said I have to wait until 1.0 and that he thinks my Siafunds are NOT lost. Let's hope the best Smiley

What is the actual problem here? If you have the wallet.dat, then why is there any threat you may have lost your siafunds?

where are the siafunds stored? I thought they were on the sia blockchain
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June 19, 2016, 12:52:07 PM
 #3300

Does anyone know how much can be earned per gigabyte of storage rented out? I'm running some numbers to see if it makes sense to set up a storage server in some rackspace, have room for up to 2 petabytes. We may also be able to lease some of it to local tenants as an add on service to broadband, use the server as fast access storage, with Sia as mirrored backup.

We also have the Bitseed unit available, with up to 3 Terabytes of internal storage, which can make a personal storage unit, but are waiting for the GUI interface to put Sia on it, https://bitseed.org/


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