Bitmain Antminer A3 earning $500 a day mining SIAcoin . .WHAT?! Results & Stats

[Marvell2]

You A3 owners are a bunch of A holes talkin trash to the Sia Devs.  And yet you mine their coins you greedy bastards

I demand a hard fork instead.  Polarized mining community we have here.

sia devs are idiots, they should do the right thing and refund thier pre orders

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[senseless]

You A3 owners are a bunch of A holes talkin trash to the Sia Devs.  And yet you mine their coins you greedy bastards

I demand a hard fork instead.  Polarized mining community we have here.

Yes, you are right. I demand a hard fork too. On decred because the obelisk miner is going to 51% attack the network! The SIA dev fork to destroy their competition the A3! Now they want to destroy other coins! Watch out!

[dlezama]

 You A3 owners are lucky this time.  Buttmain didn't mine the hell out of A3 for months  before shipping the A3. They finally tossed you the bone to make up for D3 and to send a death threat to the Sia asic devs.  But dont' expect Buttmain to be as generous next time. 

Actually, that's the new standard now. They're shipping within 10 days instead of 1~2 months like they used to. Check the last batch of the L3+ they posted. They shipped them within 10 days as well

Not the S9s (that accepted wire transfer last time btw), bitmain always surprises with something.

[dlezama]

Bitmain has centralized farms/pools for bitcoin, litecoin, dash, and now Sia.  Enough is enough already. Open your faking eyes

Sia's decision to break this monopoly is a good thing and shame on you wannabe decentralized miners for not supporting the Devs for fighting against Bitmain dominance.

Sia has to Fork and control the Sia coin to fend off aggressive Bitmain.  If it takes some coin centralization to do this then so be it.

If you don't support Sia Dev's don't mine their coin!  

Ya, sorry. I guess next time I'll pre-order at $2000/btc so I can sit back and watch btc go up 10x and lose out on it. I mean, sure, giving someone your money to do development with and then sit on your hands for 10 months waiting is great. Who the fuck would want their miner in 10 days? That's just fucking crazy. Is there anyone here who would like to hold my money for 10 months? Any takers?

SIA's response to this shows their true colors. They're no better than bitmain. Just look at the doublethink they spew all over reddit. They constantly post bullshit saying 2 different things at the same time sometimes even in the same damn sentence. I will never support their project again, and I will take my enterprise customers back to S3 and GCS. They're raging out and mad they lost their race to market.

Hey, at least their network is 'secured' now. Because apparently asic is the only way to 'secure' it. I told them they were full of shit when they wanted to make asics back in July. Hey, I'm just senseless. NOW EVERYONE GO PRE-ORDER SOME MORE SHIT!

I like how they self-imposed arbitrary rules on bitmain like they're lords of the universe. "Bitmain didnt say how many they sold", "Bitmain didnt say they were making it", "Bitmain didnt bla bla bla". Their devs are on reddit crying worse than my 5 year old after getting smacked in the face with a ball today. It's like they've never been in business  before. Ever.

This SIA team is a bunch of amatuers.  I almost think the coin/project would be better off with a more seasoned core dev/mgmt team in place. Not a bunch of friggin idealistic kids who want to publish manifestos and memorandums of principles, whitepapers, etc.  How about profits.  If you are not exceptional at what you are doing, then someone else will eat your lunch.

Bitmain is very kind compared to the competition they will be facing in the future.  Do they really think that cloud storage titans like Google, Amazon, Microsft will just let SIA waltz in and drive them out of the business?  These kids better wise up and quick.

Kind of harsh, but nicely put. I hope they do wise up. Also I hope they don't become evil to fight evil. We have enough of those in crypto.

[jimmykl]

This SIA team is a bunch of amatuers.  I almost think the coin/project would be better off with a more seasoned core dev/mgmt team in place. Not a bunch of friggin idealistic kids who want to publish manifestos and memorandums of principles, whitepapers, etc.  How about profits.  If you are not exceptional at what you are doing, then someone else will eat your lunch.

Here's an interesting manifesto/whitepaper https://bitcoin.org/bitcoin.pdf Cool some idealist published it eh?

[VoskCoin]

Yep can't wait till Sia forks.  Bitmain does whatever the hell they want for there own self interest without talking to the community , Sia should do whatever the hell they want also that's in their best interest without the need to discuss to the community.  , They should have just forked it before the A3 bricks arrived.

This type of thinking is what will limit Siacoin growth.  Don't you want Siacoin in as many hands as possible to be as widely distributed as possible, to grow as much as possible?  Think of how many people this brought to the Siacoin community.  Think of the stabilization and decentralization this brings to the coin.

If the devs fork the coin to brick the A3's, it's only out of spite because Bitmain beat them to market with an ASIC.  It's a bit hypocritical to say you don't want an ASIC mining the coin right now when the devs are soon to release their own ASIC to mine the coin.  Makes no sense if you want a decentralized coin.  If they fork it to resist the A3, then isn't it becomming a centralized/controlled coin?  I think that's the opposite of what they want it to be.

Absolutely agree, this is crypto and crypto should be decentralized

[VoskCoin]

Yep can't wait till Sia forks.  Bitmain does whatever the hell they want for there own self interest without talking to the community , Sia should do whatever the hell they want also that's in their best interest without the need to discuss to the community.  , They should have just forked it before the A3 bricks arrived.

then they should brick their asic miners too?

if they are "decentralized" they cant just fork because bitmain crashed their party imo

Your point is valid on a zoomed in viewpoint. All miners should freely compete for coin to mine.

I would argue that in the bigger picture Sia is doing their job by breaking up centralized asic mining. So allowing their obelisk to stand a chance to enter asic competition, Sia forking is nessary to support more decentralized asic manufacturing and jobs right in the USA.

 Decentralized miners don't mine on large pools. It's healthy to  break up the big pools

If your a true decentralized miner you should think about Supporting the fork. If your in it only for the cash. Keep on buying bitmain and support their toxic centralized asic ecosystem. I know I will and never proud of it. But they are the only game in town unfortunately.

Enjoy your $500 a day mining profits. You earned it and really supported hard working  Sia devs(cough bitmain). As for the Sc1 folks they will enjoy their bricks and what's left. The rich will get richer with centralized asic mining

What???  The SIA devs promoted the nonsensical view that ASIC mining would be great for their coin, and healthy, and double-plus good.  In what alternate universe could you ever think that you, and you alone, would be the only possible developer to come out with an ASIC miner?  SIA wants centralized ASIC mining, only they want to be in control.  Bitmain beat them to the punch, end of story.

This, exactly this.

[VoskCoin]

UPDATE 24 hour profits w/ Bitmain Antminer A3 ($350/day)

https://youtu.be/aII0FfKsU5U

Vosk do you plan on holding these coins or dumping them on Bittrex? I got mine hooked up earlier and will have my second A3 in tomorrow. Just wondering which would be the best route.

I’m personally holding them I think sia will see big growth with all of this exposure if they navigate this semi decently.. just speculation of course

I thought the D3 would trash dash price but somehow did the opposite so I’ll place my bets the other way this time lol

[QuintLeo]

so this is why my 1 1080ti cant get  1 coin in SIA

well to be fair, the baikalminers are also partially responsible xD lol

 SIA's algorithm isn't supported by any of the Baikal miners.
 That "Obelisk" group announced a SIA miner, but don't think it's actually shown up yet - if it EVER does.

[geekcryptogal]

Looks like it's down to $225 per day now Vosk?  Keeping an eye on your rig.  Early this morning it was at like $340 per day.

[Chan8]

Looks like it's down to $225 per day now Vosk?  Keeping an eye on your rig.  Early this morning it was at like $340 per day.

I still recieved well over 7k sia today from an A3.

[Marvell2]

so this is why my 1 1080ti cant get  1 coin in SIA

well to be fair, the baikalminers are also partially responsible xD lol

 SIA's algorithm isn't supported by any of the Baikal miners.
 That "Obelisk" group announced a SIA miner, but don't think it's actually shown up yet - if it EVER does.

the baikal b can mine sia and dcr , but only at 40 and 80gh

[dhouse]

how can they be upset that a company made a miner to mine the coin that are developing  

don't they, um, understand that literally exactly how this whole thing works?

[MickDaster]

i guess its just first batch privileges, then it will be obsolete like all others

[dhouse]

Yep can't wait till Sia forks.  Bitmain does whatever the hell they want for there own self interest without talking to the community , Sia should do whatever the hell they want also that's in their best interest without the need to discuss to the community.  , They should have just forked it before the A3 bricks arrived.

This type of thinking is what will limit Siacoin growth.  Don't you want Siacoin in as many hands as possible to be as widely distributed as possible, to grow as much as possible?  Think of how many people this brought to the Siacoin community.  Think of the stabilization and decentralization this brings to the coin.

If the devs fork the coin to brick the A3's, it's only out of spite because Bitmain beat them to market with an ASIC.  It's a bit hypocritical to say you don't want an ASIC mining the coin right now when the devs are soon to release their own ASIC to mine the coin.  Makes no sense if you want a decentralized coin.  If they fork it to resist the A3, then isn't it becomming a centralized/controlled coin?  I think that's the opposite of what they want it to be.

Absolutely agree, this is crypto and crypto should be decentralized

"real" decentralization (if it even exists) would dictate that they are free to fork and the miners can choose to mine whichever chain they choose

[shield132]

Yep can't wait till Sia forks.  Bitmain does whatever the hell they want for there own self interest without talking to the community , Sia should do whatever the hell they want also that's in their best interest without the need to discuss to the community.  , They should have just forked it before the A3 bricks arrived.

Yes, they really does whatever they want and their actions are very rude, maybe one day they will leave all antminers for theirself. Why aren't they doing this? It will be fatal I think.
I believe they knew what would happen after receiving of A3 miners, but why didn't they do anything? This fact makes me nervous.

[tummymumma]

Yep can't wait till Sia forks.  Bitmain does whatever the hell they want for there own self interest without talking to the community , Sia should do whatever the hell they want also that's in their best interest without the need to discuss to the community.  , They should have just forked it before the A3 bricks arrived.

Yes, they really does whatever they want and their actions are very rude, maybe one day they will leave all antminers for theirself. Why aren't they doing this? It will be fatal I think.
I believe they knew what would happen after receiving of A3 miners, but why didn't they do anything? This fact makes me nervous.

I don't believe this would even be an issue if the Obelisk did not exist.   This is only happening because SIA has money invested in their own ASIC.  They are now officially a competitor of Bitmain.  If that means they need to Fork and brick the A3's then so be it, but I can tell you that Bitmain is creating a product that they know the consumer wants and that they know will sell and make them money.  SIA is not going to make anything off of Bricking the A3's.  If anything, they will lose complete trust in their coin and stability in their network.  Buy our coin, buy our miner, buy into our centralized eco system... we run it all...

[Dlikrot]

Funny how I have mined SIA for a year, then somebody just makes the same in a week or so x)

[R0mi]

You A3 owners are a bunch of A holes talkin trash to the Sia Devs.  And yet you mine their coins you greedy bastards

I demand a hard fork instead.  Polarized mining community we have here.

Hey "Lunobird," I was over on the SIA reddit today and I was reading that signed letter where certain people advocate for a fork.  And what do you know?  Your name shows up and next to your name is the title "investor."

Did someone forge your support for the hard fork on that letter, or is that "Lunobird" also you?  Which is it?

And if you are an "investor" in SIA, doesn't that conflict you as much as any person who invested in an A3?  I mean, if you are an "investor" in SIA, I take it that means, among other things, that you hope to make a buck?  No?

Here is a thought experiment for you and every other person who has posted on Reddit over the past two days:

Imagine SIA gains real traction, which I hope it does, and SIA begins to nibble into Amazon's cloud storage services.  Just enough to, say, land on the radar of Mr. Bezos.

Questions:

1.  Do you think Mr. Bezos will be consulting with Team SIA 60+ days in advance prior to making any business decision affecting Amazon's cloud storage services?

2.  Do you imagine Mr. Bezos will have a moment of clarity in which he announces to the world, 'You know what?  Patents *are* evil, and from this moment forward, I shall freely cross license every single patent Amazon holds in relation to cloud storage to the SIA team.  My public shareholders and their pesky lawsuits be damned.'

3.  Do you think that Mr. Bezos will publish in real time his cost structure, profits, Amazon's current 500 largest cloud customers, total available capacity, percentage of used capacity, and other business sensitive information so that SIA and every other would-be competitor can take advantage of that?  OR, do you think the SIA team will have to hire someone who knows what SEC EDGAR is all about, and that person or persons will have dig through hundreds of pages of public SEC filings to figure these things out on their own?

4.  Do you think that Bezos will start releasing Amazon quarterly reports at, oh, 5 p.m. Beijing time instead of 5 p.m. Eastern Time?

[lunobird]

You A3 owners are a bunch of A holes talkin trash to the Sia Devs.  And yet you mine their coins you greedy bastards

I demand a hard fork instead.  Polarized mining community we have here.

Hey "Lunobird," I was over on the SIA reddit today and I was reading that signed letter where certain people advocate for a fork.  And what do you know?  Your name shows up and next to your name is the title "investor."

Did someone forge your support for the hard fork on that letter, or is that "Lunobird" also you?  Which is it?

And if you are an "investor" in SIA, doesn't that conflict you as much as any person who invested in an A3?  I mean, if you are an "investor" in SIA, I take it that means, among other things, that you hope to make a buck?  No?

Here is a thought experiment for you and every other person who has posted on Reddit over the past two days:

Imagine SIA gains real traction, which I hope it does, and SIA begins to nibble into Amazon's cloud storage services.  Just enough to, say, land on the radar of Mr. Bezos.

Questions:

1.  Do you think Mr. Bezos will be consulting with Team SIA 60+ days in advance prior to making any business decision affecting Amazon's cloud storage services?

2.  Do you imagine Mr. Bezos will have a moment of clarity in which he announces to the world, 'You know what?  Patents *are* evil, and from this moment forward, I shall freely cross license every single patent Amazon holds in relation to cloud storage to the SIA team.  My public shareholders and their pesky lawsuits be damned.'

3.  Do you think that Mr. Bezos will publish in real time his cost structure, profits, Amazon's current 500 largest cloud customers, total available capacity, percentage of used capacity, and other business sensitive information so that SIA and every other would-be competitor can take advantage of that?  OR, do you think the SIA team will have to hire someone who knows what SEC EDGAR is all about, and that person or persons will have dig through hundreds of pages of public SEC filings to figure these things out on their own?

4.  Do you think that Bezos will start releasing Amazon quarterly reports at, oh, 5 p.m. Beijing time instead of 5 p.m. Eastern Time?

Yes I did sign the petition on discord.

I don't own a single Sia coin, i don't own an A3 nor do I own a SC1,

I do own a bitmain L3+ miner and I pre ordered an obelisk decred miner and Im mostly a  gpu miner.  So i am not bias with mining

As an investor I am an investor in other coins mostly the top 10 coins.

So i hold nothing to financially gain from this at all.  Just my ideology viewpoint and I like bitcoin gold due to its purist form of true decentralized miners.

Your questions is all above my pay grade and have no opinion in such matters.