XE14
Newbie
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Activity: 43
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January 17, 2018, 08:02:49 AM |
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i'm wondering if i should be buying these coins now...
flood the market right as miners get their machines so they begin to mine worthless coins Yes, initially price may drop due to the large influx of coins. I would wait and see what happens first. Not gonna happen. Sia mining difficulty is often re-calculate. So, daily amount of mined SIACOIN will remain the same. However, it will go on someone else wallet.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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CarrollFilms
Full Member
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Activity: 156
Merit: 100
Can I eat a Bitcoin?
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January 17, 2018, 08:06:05 AM |
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Should I convert my btc to bch to buy this? I barely have enough
Why are you asking the internet. Can't you do your own research? The obvious answer is no. You're wasting your time and money
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Back in my day Bitcoin used to cost $69
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vegascoinpool
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Activity: 223
Merit: 12
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January 17, 2018, 08:06:54 AM |
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Hey here's a thought... why would Bitmain choose this particular coin or algo to make a new machine for? Seems like there's several other algo's that have multiple coins they could have gone after.
Odd.
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Tristan1337
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Activity: 98
Merit: 10
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January 17, 2018, 08:11:11 AM |
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i'm wondering if i should be buying these coins now...
flood the market right as miners get their machines so they begin to mine worthless coins Yes, initially price may drop due to the large influx of coins. I would wait and see what happens first. Not gonna happen. Sia mining difficulty is often re-calculate. So, daily amount of mined SIACOIN will remain the same. However, it will go on someone else wallet. lol@CarrollFilms Of course daily amount remains the same, but the more the difficulty rises, the more those coins become distributed among more miners. The more that happens, the less dumping you get (theoretically). At the beginning more people will dump to achieve their ROI. After all this you have more chances of people holding which will help the price potentially increase. There is no guarantee. But is just a theory. I just know every coin that has ever has ASICs. The price has increased sooner or later.
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Hulk86
Jr. Member
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Activity: 43
Merit: 2
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January 17, 2018, 08:12:21 AM |
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i'm wondering if i should be buying these coins now...
flood the market right as miners get their machines so they begin to mine worthless coins 2500 pcs of A3 sold the numbers are rising hour by hour
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c-none
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January 17, 2018, 08:18:09 AM |
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i'm wondering if i should be buying these coins now...
flood the market right as miners get their machines so they begin to mine worthless coins 2500 pcs of A3 sold the numbers are rising hour by hour Now it's more than 4000 pieces.
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itzazkrit
Jr. Member
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January 17, 2018, 08:19:32 AM |
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keep in mind that bitmain sold around 150-200k D3 it wont be different for this miner too do you remember what the rollout schedule was?
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cuteman
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January 17, 2018, 08:20:50 AM |
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What a strike to those people who bought Obelisks which will be shipping in summer!! Poor fellows
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jeoarx
Newbie
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Activity: 24
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January 17, 2018, 08:21:41 AM |
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i'm wondering if i should be buying these coins now...
flood the market right as miners get their machines so they begin to mine worthless coins 2500 pcs of A3 sold the numbers are rising hour by hour Now it's more than 4000 pieces. how can you know how many sold?
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LazyJones
Member
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Activity: 62
Merit: 10
I do electrical.
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January 17, 2018, 08:21:53 AM |
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So website is kind of a gong show right now, Thinking I got one, had my block mined and confirmed with 20 minutes to spare, but saying my order is expired. Firing off a million e-mails to see what's going on.
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cuteman
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January 17, 2018, 08:35:20 AM |
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uzas
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January 17, 2018, 08:35:38 AM |
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What a strike to those people who bought Obelisks which will be shipping in summer!! Poor fellows I think it's very risky to buy A3 because it mines SIA and sia is Obelisk team so I've just heard that Sia team can and will change something in coin algo so it will be mined only by Obelisk. Another reason is that Sia Coin wallet incounters some issues and have to be corrected, the fork is expected 21 Jan, the wallet doesn't work right now, so it's everything in the hands of Sia team and Obelisk and not Bitmain...And what would you do with A3 in 10 days if nothing works... Last but not least A3 is not power efficient as Obelisk and A3 is very noisy, so it seems obsolete...
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BenRickert
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January 17, 2018, 08:45:49 AM |
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Oh yikes, looks like global hashrate for Blake(2b) is around 627.58 TH/s (at this moment). It would only take 770 AntMiner A3s to double the global hashrate. Looks like this is going to be another AntMiner D3 situation.
Too bad you can only buy one at a time so you won't be able to stockpile them and rip all your customers off again like the L3+ and D3 huh?
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jwpoke
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Activity: 91
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January 17, 2018, 08:47:46 AM |
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I think it's very risky to buy A3 because it mines SIA and sia is Obelisk team so I've just heard that Sia team can and will change something in coin algo so it will be mined only by Obelisk. Another reason is that Sia Coin wallet incounters some issues and have to be corrected, the fork is expected 21 Jan, the wallet doesn't work right now, so it's everything in the hands of Sia team and Obelisk and not Bitmain...And what would you do with A3 in 10 days if nothing works... Last but not least A3 is not power efficient as Obelisk and A3 is very noisy, so it seems obsolete...
Where do you see that Sia team will change something in their algo? Also, can't Bitmain just update the firmware to cope with it? A3 is not really better than Obelisk, that's why A3 is not a pre-order. Probably buying the coins will be less risky than buying a miners.
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uzas
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January 17, 2018, 08:48:47 AM |
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I don't think there will be 10000 pcs sold, but less...
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onehash.tech
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January 17, 2018, 08:48:49 AM |
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They had technical difficulties bitmain just tweeted they will re open ordering soon.
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uzas
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January 17, 2018, 08:55:12 AM |
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I think it's very risky to buy A3 because it mines SIA and sia is Obelisk team so I've just heard that Sia team can and will change something in coin algo so it will be mined only by Obelisk. Another reason is that Sia Coin wallet incounters some issues and have to be corrected, the fork is expected 21 Jan, the wallet doesn't work right now, so it's everything in the hands of Sia team and Obelisk and not Bitmain...And what would you do with A3 in 10 days if nothing works... Last but not least A3 is not power efficient as Obelisk and A3 is very noisy, so it seems obsolete...
Where do you see that Sia team will change something in their algo? Also, can't Bitmain just update the firmware to cope with it? A3 is not really better than Obelisk, that's why A3 is not a pre-order. Probably buying the coins will be less risky than buying a miners. But it's not that simple buying coins guys right now, the wallet doesn't function well so it all in the hands of sia team that is obelisk team... Then it sounds strange that Obelisk launches an Asic for theis siacoin mining and then Bitmain comes first this way with industrial type Asic not improved in dB and power consumption... Sure they ship in time? If I were Obelisk I'd try to be quicker in shipping their asics or better in customising their machines...
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Wusolini
Legendary
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Activity: 1190
Merit: 1000
no need to carry heavy money bags anymore
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January 17, 2018, 08:55:40 AM |
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Hmm, coincidentally sales started during this massive all coin bloodbath ... anyone else with strong feeling the A3 going to face the same fate as D3? Think I'll rather stay away this time.
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Peke
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January 17, 2018, 08:56:49 AM |
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They had technical difficulties bitmain just tweeted they will re open ordering soon.
Propably they noticed that they have missing hashboards, lol
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