[ANN] Sia - Decentralized Storage

[thermosgrey]

I just need a big announcement to rebound. If you have read everything, the project has not started marketing now. The priority is to help the obelisk buyer for now and advance on plateform. You cannot make this kind of project in one month. When in vain will begin to approach the company and start is marketing.

BIG ANNOUNCEMENT   there are plans for a Hard Fork and i am excited 

https://docs.google.com/document/d/e/2PACX-1vSbeNaLNsGfK-R3qYeRFvtMCd8phUbnv6SQwniXngu12j_GveSZAFmX4d_5FpHAz7mWQJQkZD1y6sl8/pub

Its a plan not sure yet but Hope it Will we are going to the Moon SIA

I don't know if this soft fork will be good or bad for SC, but I am sure that will be a milestone that will change the future for SC development and implementation

Only that can do at this point is to wish good luck to the devs

From the beginning I believed that Sia is a great project and also has many thriving here. with a plan in the next month hard fork indicates its existence that the Sia is still continuing to innovate to do development against the projects.

[stricker27]

I don really understand what you are talking about and i dont even know what Forking means but i have Antminer A3 standing in my room turned off because electricity costs here more than i earn from it



sooo i want to know if there are chances that i can use it and earn something after forking ?


because im about only 30%  ROI from what i have payed for them



or any ideas what to do with them now or later or any time or any where if i dont have free or really low cost electricity


THX

[Searing]

I don really understand what you are talking about and i dont even know what Forking means but i have Antminer A3 standing in my room turned off because electricity costs here more than i earn from it



sooo i want to know if there are chances that i can use it and earn something after forking ?


because im about only 30%  ROI from what i have payed for them



or any ideas what to do with them now or later or any time or any where if i dont have free or really low cost electricity


THX

Sorry, the reason for the fork of siacoin is to go back to the 'original' vision of having an ASIC network for the siacoin decentralized anonymous cloud storage network

at a supposed price of 10c to Amazon Clouds $1 rate of pay. (as an example of what they want)

The 'catch' is Obelisk expected to provide the ONLY units to run on this network and use siacoin as a token as such to run this ASIC vision

They were 'naive' and Bitmain and others have blown up siacoin difficulty and price vs elec for ANY ASIC that none of them of any brand can make money on Siacoin now

due to again the electric cost vs what siacoin is worth

So Sia-Tech is left with the result that the ASIC's they made are worthless (along with Bitmain and others) thus HOW ARE THEY TO RUN THIS ASIC NETWORK NOW?

No way to do so unless they go back to the original vision and make their OBELISK's the ONLY units that can run their tokens for such ..thus a fork and a new coin to do

so.

This MAY NOT WORK, indeed they still have to convince a skeptical public that their vision of cloud storage can work and be safe and well run. This whole cluster

has not helped their image any.

Thus to a Bitmain Siacoin Miner...all, this makes no difference. You mined the hell out of Siacoin for a year before these units came out and they are now defunct.

Supposedly, you've made your profits as such. The current setup has to be done, and no way can it be done on siacoin anymore and make it worth even turning

on a siatech network using that coin...so, they have to do a fork IMHO or just scrap the whole cloud mining vision

still long odds after this cluster IMHO...but without the network ..they have zip as a company at this point in time....all because they thought a year ago at this

point in time they'd have the only ASIC's to use the siacoin network....again naive...now they have to fix this cluster or the whole project is doomed.

anyway, my take on this

brad

[tempestb]

Going through a hard fork to exclude Bitmain and exclusive their own Obelisk miners is dumb.  First, it's probably illegal due to it being a monopoly and it is using anti-compete tactics.  It's kind of like if Microsoft changed their code so that Netscape wouldn't work as well in Windows vs Internet Explorer.  Oh, wait that was a real thing that happened and Microsoft was fined and restricted for years because of it. 

That said, nobody from the Government is going to bother to investigate this.  So, they can do it and get away with it.

But will it matter?  The guy with the lowest power cost will earn all the tokens, and the rest of the Obelisk owners will still operate at a loss. 

Further, Bitmain might just tweak their design to support whatever new algo that Sia comes up with.  The Sia team operate slowly.  By the time they announce a fork and what they are forking too, everyone will be adjusting their miners and tools to be ready for it.  If they want to bother.  The price of these tokens has been in the toilet lately anyway.

Maybe instead of concentrating their efforts on hardware miners, and forks, they work on making the application something that people actually want to use. 

[Salmen]

MineCalc supports the cryptocurrency Siacoin which means to all Siacoin lovers that they can compute their estimated mining profit.

Calculate Now: Minecalc.com/coin/SC

[stricker27]

sooooooooooooooooooooooooo   


is there anything to do with my Antminer A3 ?

[Searing]

MineCalc supports the algorithm SHA-256 of Siacoin which means to all Siacoin lovers that they can compute their estimated mining profit.

Calculate Now: Minecalc.com/coin/SC

heh..using their revised 550gh hash and 500 watts (I assume that is the same) and at my data hall rate of 14c kWh

here it is, in its ugliness below

1 hour    -5.57261422    -0.04    
1 day    -133.74274139    -0.85    
1 week    -936.19918976    -5.93   
1 month    -4,012.28224183    -25.42    
1 year    -48,816.10060896    -309.32    


does not look good

no fork, best they stay in the box as doorstops

later

brad


edit: oops..fixed watts to 500

[Branko]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right 

[wgd]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right 

I think you should misunderstood something,
SIA had its own ASICs (called OBELIsk)

Anyway I would like to ask what is the rate for share our diskspace now.
Is it already worth to start?
Still 2000 SC deposit required?

[Branko]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right 

I think you should misunderstood something,
SIA had its own ASICs (called OBELIsk)

I know...I think you misunderstood my post completely

[Salmen]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right  

Obviously, I was wrong with the mining algorithm but that does not affect the estimated calculation which is still correct.

[Branko]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right  

Obviously, I was wrong with the mining algorithm but that does not affect the estimated calculation which is still correct.

If SIA forks to keep their Obelisks usable, how do you know network difficulty?

[Searing]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right  

Obviously, I was wrong with the mining algorithm but that does not affect the estimated calculation which is still correct.

If SIA forks to keep their Obelisks usable, how do you know network difficulty?

i also was wondering about that ..on a fork do you start on the last difficulty before the fork or do you make a new difficulty with the new algo in some other manner?

[Salmen]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right  

Obviously, I was wrong with the mining algorithm but that does not affect the estimated calculation which is still correct.

If SIA forks to keep their Obelisks usable, how do you know network difficulty?

i also was wondering about that ..on a fork do you start on the last difficulty before the fork or do you make a new difficulty with the new algo in some other manner?

The difficulty is taken from third-party services, so I assume, on a fork, the difficulty from that the new fork will be fetched.

[Branko]

The difficulty is taken from third-party services, so I assume, on a fork, the difficulty from that the new fork will be fetched.

Thats why I think we can't predict how profitable Obelisks would be, as difficulty would be drastically
lower with other manufacturers ASICs taken out of the game

[wgd]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right  

Obviously, I was wrong with the mining algorithm but that does not affect the estimated calculation which is still correct.

If SIA forks to keep their Obelisks usable, how do you know network difficulty?

What fork do you talking about?
Can you provide some more info?
I am interested in hosting/disk share coins and SIA is one of them.
I will be gratefull, thanks.

[Branko]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right  

Obviously, I was wrong with the mining algorithm but that does not affect the estimated calculation which is still correct.

If SIA forks to keep their Obelisks usable, how do you know network difficulty?

What fork do you talking about?
Can you provide some more info?
I am interested in hosting/disk share coins and SIA is one of them.
I will be gratefull, thanks.

Earlier in this thread people were talking about it, no idea if true...but without
it, Obelisk miners are obviously worthless

[Searing]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right  

Obviously, I was wrong with the mining algorithm but that does not affect the estimated calculation which is still correct.

If SIA forks to keep their Obelisks usable, how do you know network difficulty?

What fork do you talking about?
Can you provide some more info?
I am interested in hosting/disk share coins and SIA is one of them.
I will be gratefull, thanks.

Earlier in this thread people were talking about it, no idea if true...but without
it, Obelisk miners are obviously worthless

I just got a notice that at least ONE (of my five sc-1 doorstops) is in the mail

this is what I'd make if they arrived today. Using this Calculator.  https://minecalc.com/coin/SC

This is at the stated 550gh they've only managed to get so far and 500 watts (not sure about watts) and 14c kWh data hall rates


1 hour    -6.62458086    -0.04    
1 day    -158.98994068    -0.92    
1 week    -1,112.92958479    -6.45   
1 month    -4,769.69822052    -27.66    
1 year    -58,031.32834970 -336.48    

Yep, staying in the cardboard box and unopened for easy use (cardboard slides easier) for my FIVE doorstops. Seems to be the ONLY current plan.

Even if they do FORK and use the forked coin for their decentralized anonymous cloud storage vision to compete against Amazon Cloud at say 10c vs $1 Amazon pricing,

as they claim. Still long odds. I see all this stuff hitting the world, then supposed fork, BUT NO PROMOTION OR PLAN AS FAR AS I CAN TELL, to show WHY you would

use their vision vs Amazon? (no one ever got fired from using Amazon Cloud as a choice, I'm not sure with these guys how they cluster stuff up ...that would be a safe bet)

So this whole, build it 'they will come' vision...is just not gonna cut it...especially with their past clusters on this project

but anyway, a fork is better odds than the current NO odds (no fork) so it is that or the above 'doorstop' plan

later

brad

[Branko]

(no one ever got fired from using Amazon Cloud as a choice, I'm not sure with these guys how they cluster stuff up ...that would be a safe bet)

Noone got fired for choosing IBM either, but how many people still use OS/2 instead Windows or Linux?  

If fork would remove everything from network but Obelisks, and 10 000 Obelisks would be put to work,

1 obelisk would earn $251.83 per hour (thats what whattomine site says, but calculating manually, I think its about 0.5$, no idea where it
went wrong or if I did it right manually, lol)

[operabit]

So SIA switched from blake2b to sha-256? Where are the details about it?

If not, maybe that calculator is not too good, if owner can't even get

mining algorithm right  

Obviously, I was wrong with the mining algorithm but that does not affect the estimated calculation which is still correct.

If SIA forks to keep their Obelisks usable, how do you know network difficulty?

i also was wondering about that ..on a fork do you start on the last difficulty before the fork or do you make a new difficulty with the new algo in some other manner?

The difficulty is taken from third-party services, so I assume, on a fork, the difficulty from that the new fork will be fetched.

Yes, usually having trouble first and that is a normal thing, just wait when it will happen. Hopefully it will run smoothly later.