[ANN] Sia - Decentralized Storage

[OWZ1337]

Anyone knows is it able to mine SIA on ASICs? There was some news few month ago. So?

yes i just heard bitmain has start producing a new siacoin asic :-D

[1715661330]

1715661330

[1715661330]

1715661330

[1715661330]

1715661330

[1715661330]

1715661330

[1715661330]

1715661330

[drngocct]

https://coinmarketcap.com/currencies/siacoin/
Look at the chart for Siacoin, there are some significant periodicity in its history. By understanding that, we can take profits from Sia.

[shamman666]

why the price does not grow? .... Fork is very soon already

The fork is set to reduce difficulty - therefore a rapid increase in the supply of coins - as you know, any rapid increase in supply is never good for price. Also long term, Sia has an impressive 3292.83 TB of network storage available, but only 114.49 TB is being used. That's a usage rate of only 3.4% - it is essential that this number starts to increase otherwise, the Sia project will likely fail - having over 95% of your assets idle is not good for any business, and isn't good for people holding the coin since nobody wants to buy it to use for storage (again supply and demand)

it is very interesting that in this case!? it is already clear that failure to release miners for Siacoin happened!!! what to expect in the future, what opinion do you have? sorry I use the translator as I from Russia. and what recourse is there for developers ?

[BioMoh]

why the price does not grow? .... Fork is very soon already

The fork is set to reduce difficulty - therefore a rapid increase in the supply of coins - as you know, any rapid increase in supply is never good for price. Also long term, Sia has an impressive 3292.83 TB of network storage available, but only 114.49 TB is being used. That's a usage rate of only 3.4% - it is essential that this number starts to increase otherwise, the Sia project will likely fail - having over 95% of your assets idle is not good for any business, and isn't good for people holding the coin since nobody wants to buy it to use for storage (again supply and demand)

if difficulty gone lower  this means more miner profits which will lead to more miners then difficulty will goes double in feew weeks
more difficulty = more price will come up
look at dash when bitmain made D3 price jumped at least 10X
LTC price jumped 10X +
obelisk was really slow and mining for theirself same as baikal in dash
so now SC price should at least do 10X in the next few weeks not because the fork but for Bitmain miners
SC team cant change the algorithm that easy that mean change the coin itself , it will be total loss if they did that and no one will take their product
at any mined coin look at difficulty chart and price chart u will find it the same
any coin gets its price from its difficulty
what happened with NXT because not mining like ETH
sia considered as currency and service same like ETH but in different way
coins like monero , zcash ,  ... only currencies got thier value from their mining difficulty

[sheenarif]

Buy & Hold #Siacoin, it will give better returns....💲💲💲

[solosequenosenada]

We are FORKED!  

[sairy]

May I know what happen after we forked? Any changes?

[isukabtc]

Any link for the next Fork please ?
Doesnt seem algo changes

[Hakkane]

May I know what happen after we forked? Any changes?

The Difficulty Adjustment Algorithm has been corrected to target block generation every 10 minutes. Previously it was targeting 30 min due to a bug introduced on December.

So starting today the mining difficulty and block times will start to go down slowly. My back-of-the-napkin calculations say they will be fully corrected in 3 days

[OWZ1337]

May I know what happen after we forked? Any changes?

The Difficulty Adjustment Algorithm has been corrected to target block generation every 10 minutes. Previously it was targeting 30 min due to a bug introduced on December.

So starting today the mining difficulty and block times will start to go down slowly. My back-of-the-napkin calculations say they will be fully corrected in 3 days

why did siacoin sell out to bitmain? :\ meh

[alxin]

hard to admit that i dont know much about this project ,its new for me, but im willing learn all about eb2x project and on it rigth now. goodluck to this project and wishing all the best of your team. goodluck dev.

[consbar]

Hello! What are the latest news about the company? What are the innovations? What is happening now?

[hush]

Since everyone was talking about fork has happened on Siacoin to readjust the difficulty and to introduce some changes. I will ask what kind of fork was this actually soft fork or hard fork because this is of my interest as well. I was away from this thread didn't catch what has been done.

[Coin-Snake]

Since everyone was talking about fork has happened on Siacoin to readjust the difficulty and to introduce some changes. I will ask what kind of fork was this actually soft fork or hard fork because this is of my interest as well. I was away from this thread didn't catch what has been done.

Soft fork just update

[Hakkane]

Since everyone was talking about fork has happened on Siacoin to readjust the difficulty and to introduce some changes. I will ask what kind of fork was this actually soft fork or hard fork because this is of my interest as well. I was away from this thread didn't catch what has been done.

Soft fork just update

Actually it is a hardfork: old versions of the client software (1.3.0) are incompatible with the new blocks being mined

Hello! What are the latest news about the company? What are the innovations? What is happening now?

Check the last tri-annual update, it includes some insights about the operational roadmap for this year: https://blog.sia.tech/sia-triannual-update-september-december-2017-8afdf9c10325

why did siacoin sell out to bitmain? :\ meh

What do you mean by "selling out to Bitmain"? The mining algorithm of Sia is public (all Sia is open source) so any manufacturer can design an ASIC for the coin.... unfortunately, because neither the developing team nor a great part of the community is happy with it. It was actually a very unwelcome and unfriendly movement of Bitmain.

[joae1975]

I'm not sure why everyone is complaining that an ASIC is out for Sia.  Every coin that has every had an asic produced has skyrocketed in price.

[MrSunshine]

I'm not sure why everyone is complaining that an ASIC is out for Sia.  Every coin that has every had an asic produced has skyrocketed in price.

That is my feeling as well. It is simply competition, and since each Siacoin will be more difficult to mine it should be good for the value.

[Simss]

i think it is time for you to hodl. because it is a normal situation when we see condition on the market which in uncertain like this. the graphic up and down and sometimes makes us feel affraid. Siacoin it is a best alternative coin for a long term investment. So try it !

[luffare]

did the last SC fork really solve problem with SC long time confirms (up to 30 minutes)?

[RocketSpeed]

I bought this coin for 10 cents.Im little disappointed right now, but i hope market finally get big waves.