[ANN] Sia - Decentralized Storage

[Hakkane]

Has the coin been dead? Has the team of developers abandoned the project? Has anyone really used/ experienced services of Sia project? I have lots of question about the reality of the project.

all information is just a lie, clearly visible siacoin can no longer grow like a tree and experience death.

it might be one of the biggest scam coins. good luck, dude

Please guys, do the community of cryptos the favor of reading a bit more about a coin before making so bold assertions, or you could be called FUDsters all across the boards of bitcointalk for trying to spread some lies without any proof supporing you

Siacoin and the Sia network are working and healthy: Only yesterday 811 new contracts were formed for 2TB of new data stored on the network: https://siastats.info/new_contracts.html.

14414 new transactions on the  network yesterday: https://siastats.info/transactions.html

Yesterday we reached a new yearly record of active contracts, with a total of 71472 https://siastats.info/active_contracts.html

6 Pull Requests have been merged to the main code on the last 7 days: https://github.com/NebulousLabs/Sia/pulse . 24 merged Pull Requests and 90 closed Issues in the last month. This public progress report was made by the CEO of Nebulous and Core developer David Vorik 4 days ago: https://www.reddit.com/r/siacoin/comments/78nr20/development_and_progress_update/

"Has anyone used the services of SIa project" you ask, @savetytdpbl? With more than 95TB of storage usage, 3.2PetaBytes of offered storage (https://siastats.info/hosts_network.html) and more than 300TB of used storage in the history of Sia (https://siastats.info/total_contracts.html), I would say: Obviously yes, and very successfully so far

So please guys, don't do this thing again. It is not cool making that kind of statements that can be proven false in less than 1 minute with one quick search at the available resources for the Sia community

[1714792015]

1714792015

[1714792015]

1714792015

[retlaw04]

How long will this miner's sale run?

[rubiprojects]

How long will this miner's sale run?

Not sure, they will not dump until the price is 10 sat, I want to get more cheap sia

[ilcapitano]

How long will this miner's sale run?

Not sure, they will not dump until the price is 10 sat, I want to get more cheap sia

Getting more cheaper SIAs? Are you serious? I dont think it is a good idea. SIA seems to be abandoned by the team of developers.

[Entei]

Is Siacoin ready to compete with Filecoin? Is it possible to compare them? I'll start buying Siacoin, I believe in this technology.

[tomwest]

just look at STORJ, 2 year low hit already, sia goes same way. stay safe 

[MrSunshine]

How long will this miner's sale run?

Not sure, they will not dump until the price is 10 sat, I want to get more cheap sia

Getting more cheaper SIAs? Are you serious? I dont think it is a good idea. SIA seems to be abandoned by the team of developers.

LIAR, did you not see what Hakkane wrote a few posts back:

6 Pull Requests have been merged to the main code on the last 7 days: https://github.com/NebulousLabs/Sia/pulse . 24 merged Pull Requests and 90 closed Issues in the last month. This public progress report was made by the CEO of Nebulous and Core developer David Vorik 4 days ago: https://www.reddit.com/r/siacoin/comments/78nr20/development_and_progress_update/

[obszoenling]

Predicting based on the price that the project is abandoned is pretty lame. It's not hard to get the recent news from the dev team. Price will rise, at the latest when the inflation starts to decrease.

[Rogermoon]

Today I have realized that my decision to invest in SiaCoin was wrong.
I mean my entry point was the mistake. Unfortunately, my biggest investment ever was in SiaCoin.

I realized when I checked my portfolio today after long time.
-89% is the lose currently I am digesting.  Sad
I am not getting any hope in price increase sooner.  Cry

Btw what is SiaFund? Is it anything new?

[ZurbCash]

Today I have realized that my decision to invest in SiaCoin was wrong.
I mean my entry point was the mistake. Unfortunately, my biggest investment ever was in SiaCoin.

I realized when I checked my portfolio today after long time.
-89% is the lose currently I am digesting.  Sad
I am not getting any hope in price increase sooner.  Cry

Btw what is SiaFund? Is it anything new?

same like me now that feels better knowing I'm not alone. I'm still holding my Sia hopefully next year will be better for all of us.

[MR,bon]

saturated hearing all the information like garbage strewn.

[Hakkane]

Today I have realized that my decision to invest in SiaCoin was wrong.
I mean my entry point was the mistake. Unfortunately, my biggest investment ever was in SiaCoin.

I realized when I checked my portfolio today after long time.
-89% is the lose currently I am digesting.  Sad
I am not getting any hope in price increase sooner.  Cry

Btw what is SiaFund? Is it anything new?

@Rogermoon, why are you posting the same exact message that was posted by another user 10 days ago? Do you have any specific interest generating a negative feelings towards Sia? Very interesting to see so many accounts with low score hanging around with negativity so suddenly bellow the original message you copied:

Today I have realized that my decision to invest in SiaCoin was wrong.
I mean my entry point was the mistake. Unfortunately, my biggest investment ever was in SiaCoin.

I realized when I checked my portfolio today after long time.
-89% is the lose currently I am digesting.  
I am not getting any hope in price increase sooner.  

Btw what is SiaFund? Is it anything new?

And if anyone  has still doubts about the developers making or not progresses, take a look a the new proposed changes posted last Friday:

Jute Merging Algorithm: https://gist.github.com/DavidVorick/20a1f9f47fa56390039144d7f8dec074
New Database: https://gist.github.com/DavidVorick/520e0dcc2458902f29ac163750c3f84d
Renter Propsal: https://gist.github.com/DavidVorick/d9f70ea668a8104ee8f42d2dc6d3164b
Fee Market Mechanics Proposal: https://gist.github.com/DavidVorick/ba17fb7db50b9270d1c2131ff425422b

[retlaw04]

As far as I've read now on the website of sia - who can now stop every moment the preorder of the miners. and start production. More than half of the miners are sold. And I believe that even the start of production could increase the value of the sia. Do you not think so?

[DroidR17A]

i saw this morning that i can buy a "Minebox siacoin" for around 1750 dollar but still not know if it could give some ROI , does anyone know how many sia i can mine with this (asic ?)

Code:

Specification Minebox 8TB Minebox 16TB
HP Model HP ProLiant MicroServer Gen8 G1610T HP ProLiant MicroServer Gen8 G1610T
HP Model version 819185-001 819185-001
Processor Intel® Celeron® G1610T 2.4GHz Intel® Celeron® G1610T 2.4GHz
Processor cores 2 cores 2 cores
Cache Memory 2MB (1x2MB) L3 cache 2MB (1x2MB) L3 cache
Memory 4GB (1x4GB) PC3L-128000E DDR3 UDIMM 8GB (2x4GB) PC3L-128000E DDR3 UDIMM
Network controller HPE Ethernet 1Gb 2-port 332i Adapter HPE Ethernet 1Gb 2-port 332i Adapter
Storage controller HPE Dynamic Smart Array B129i Controller HPE Dynamic Smart Array B129i Controller
Hard Drive 2x Seagate IronWolf 4TB 2x Seagate IronWolf 8TB
Internal storage 4 LFF NHP-SATA HDD CAGE 4 LFF NHP-SATA HDD CAGE
PCI-Express slots 1 standard (1-Low Profile) PCIe 2.0 1 standard (1-Low Profile) PCIe 2.0
Power supply 150W 150W
Fans One (1) Non-redundant system fan ships standard One (1) Non-redundant system fan ships standard
Operating System Minebox OS 1.0? Minebox OS 1.0?
Form factor Ultra Micro Tower Ultra Micro Tower
Warranty 1-year parts 1-year parts
Size 229.7 x 232.4 x 245.1 mm 229.7 x 232.4 x 245.1 mm[code/]

that was top secret insider info now we will fly to 300x500 #why did you do that? weeee

If you want a SIA ASIC, buy the real thing: https://obelisk.tech/

This is the official (and only) SIA ASIC miner. Due to start shipping in June based on current development status.

i am interested but how about the price ?

$2499

[DroidR17A]

As far as I've read now on the website of sia - who can now stop every moment the preorder of the miners. and start production. More than half of the miners are sold. And I believe that even the start of production could increase the value of the sia. Do you not think so?

Presale ends late November, shipping is due to start around June 2018.

[AltcoinTrader15]

Down -50% but still hodling. The team is active and every thing they say is being accomplished. Wouldn't sell it.

[Sincere_]

Have low buy orders ready for Sia coin which is a great project Btc is very high right now so all alts are taking a beating

[MuffinMaster]

Can someone explain me what impact in the price level will have sale of miners?
Do the shipment already begun?

[Hakkane]

Can someone explain me what impact in the price level will have sale of miners?
Do the shipment already begun?

The latest expected shipping date will be June of next year, but it can happen sooner if they have the product ready earlier.

No one can predict what the price of Siacoin will be once released, but these are some factors to take in mind:

- A huge misconception of several users is thinking that the ASICs will increase the amount of mined coins every day. That's not true: the algorithm of Sia (and every other coin) adjust the difficulty of mining to the amount of hashing power on the network. The same amount of coins will be mined every day, but 70% or more of them will go to ASIC owners instead of the current GPU miners

- Most of mining is right now done by GPU dual-miners. Dual miners don't look for the Sia in the long term and most of the times don't even know what Sia is: they just mine Ether and as a side they mine some Siacoins they sell immediately for the extra profit of their mining operation. Obelisk owners are mainly long-term supporters of the project, so probably they are prone to hold their gains rather than sell them immediately. So there is a chance that after the release the selling volume will decrease

- There is no clear economic theory that explains it, but in the past every coin for which an ASIC was developed saw a rise in the price, once released. It happened with Bitcoin, it happened with script coins and it happened with Dash. It could be because becoming the network considerably more safe, it generates more trust on investors. It could be because the value of the coin gets linked to the cost of all the hardware that is securing the network.

[metallicelmo]

i saw this morning that i can buy a "Minebox siacoin" for around 1750 dollar but still not know if it could give some ROI , does anyone know how many sia i can mine with this (asic ?)

Code:

Specification Minebox 8TB Minebox 16TB
HP Model HP ProLiant MicroServer Gen8 G1610T HP ProLiant MicroServer Gen8 G1610T
HP Model version 819185-001 819185-001
Processor Intel® Celeron® G1610T 2.4GHz Intel® Celeron® G1610T 2.4GHz
Processor cores 2 cores 2 cores
Cache Memory 2MB (1x2MB) L3 cache 2MB (1x2MB) L3 cache
Memory 4GB (1x4GB) PC3L-128000E DDR3 UDIMM 8GB (2x4GB) PC3L-128000E DDR3 UDIMM
Network controller HPE Ethernet 1Gb 2-port 332i Adapter HPE Ethernet 1Gb 2-port 332i Adapter
Storage controller HPE Dynamic Smart Array B129i Controller HPE Dynamic Smart Array B129i Controller
Hard Drive 2x Seagate IronWolf 4TB 2x Seagate IronWolf 8TB
Internal storage 4 LFF NHP-SATA HDD CAGE 4 LFF NHP-SATA HDD CAGE
PCI-Express slots 1 standard (1-Low Profile) PCIe 2.0 1 standard (1-Low Profile) PCIe 2.0
Power supply 150W 150W
Fans One (1) Non-redundant system fan ships standard One (1) Non-redundant system fan ships standard
Operating System Minebox OS 1.0? Minebox OS 1.0?
Form factor Ultra Micro Tower Ultra Micro Tower
Warranty 1-year parts 1-year parts
Size 229.7 x 232.4 x 245.1 mm 229.7 x 232.4 x 245.1 mm[code/]

that was top secret insider info now we will fly to 300x500 #why did you do that? weeee

If you want a SIA ASIC, buy the real thing: https://obelisk.tech/

This is the official (and only) SIA ASIC miner. Due to start shipping in June based on current development status.

i am interested but how about the price ?

$2499

But how can this mine SIA? Based on these specs, this is just a HP Proliant server and not even a good one, just has a lot of disk space but does not seem to be an ASIC or even have a GPU