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ltcsprite
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March 04, 2018, 06:32:32 PM |
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Mining now with an A3 sucks balls, 1500-1600 SC per day, $30 bucks basically. Hard to justify the price, hard to even reach break even.
One would need to really believe Siacoin will appreciate A LOT.
every time I login to this place I read something even more stupid than the previous time thanks jabchest. |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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MickDaster
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March 05, 2018, 02:41:09 PM |
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Mining now with an A3 sucks balls, 1500-1600 SC per day, $30 bucks basically. Hard to justify the price, hard to even reach break even.
One would need to really believe Siacoin will appreciate A LOT.
why would be 30$ a day bad? its really good income if you ask me |
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baga105
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March 05, 2018, 02:49:46 PM |
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Mining now with an A3 sucks balls, 1500-1600 SC per day, $30 bucks basically. Hard to justify the price, hard to even reach break even.
One would need to really believe Siacoin will appreciate A LOT.
why would be 30$ a day bad? its really good income if you ask me Wait for next batch.. It will be 12-15$ per day, just like with GPUs |
Ass, Gas or Grass! No one rides for free!
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MickDaster
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March 05, 2018, 03:22:14 PM |
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Mining now with an A3 sucks balls, 1500-1600 SC per day, $30 bucks basically. Hard to justify the price, hard to even reach break even.
One would need to really believe Siacoin will appreciate A LOT.
why would be 30$ a day bad? its really good income if you ask me Wait for next batch.. It will be 12-15$ per day, just like with GPUs its still good eventually they will become obsolete like any other machinery |
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klwolf2000
Newbie
 Offline
Activity: 88
Merit: 0
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March 05, 2018, 05:45:18 PM |
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I also wondered the same thing. I know Bitmain created their own pool but it would make sense to keep the bulk of your hashing power on sia's pool to keep them from forking the coin considering this single miner has more hashing power then a couple of the pools. |
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clabits
Newbie
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Activity: 5
Merit: 0
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March 05, 2018, 05:50:00 PM |
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Thanks for sharing
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VoskCoin (OP)
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March 06, 2018, 04:18:43 AM |
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Thanks for sharing
gladly, here to help  Batch 2 A3's getting close and with Bitmains recent behavior they may even ship early. . :O |
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VoskCoin (OP)
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March 07, 2018, 11:56:03 PM |
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Elixirbaby
Newbie
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Activity: 7
Merit: 0
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March 08, 2018, 01:27:29 PM |
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Crazy hash rate for one miner if true. |
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bitcoinexplorer
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March 08, 2018, 01:42:51 PM |
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Crazy hash rate for one miner if true. What about Obelisk SC miners and those poor souls who purchased them? |
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SingMine
Newbie
Offline
Activity: 16
Merit: 0
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March 08, 2018, 03:15:01 PM |
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Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?
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Tekno2020
Member
Offline
Activity: 262
Merit: 11
<<<-----( )----->>>
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March 08, 2018, 04:38:49 PM |
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Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?
Bitmain just sold batch2 A3s at very low price of $980. Halong selling B52 batch1 at $5,549. Obelisk supposed to release batch 1 of SC1 miner this summer. That is a lot of mining power focused on a small SIA network with no other coin to mine besides SIA. There is definitely an oversupply of ASICs on the SIA network for where the dev team is with the project. Regarding the price of SC siacoin,,,,,,, it looks like many ASIC miners took the approach of mine and hodl for a better price, so there is increasing overhang (hodlers waiting to sell) to overcome for the price to break through 4-5 cents again. Come back in a couple of years. Either Siacoin will be a micro penny....$0.00035 or at $0.10+ depending on execution of the dev team, btc price, etc.. |
~The Annointed One~
btc: 31pDmi6PDdHFUT51MTzJNYacxYMZp2bi58
ltc: MGnitxNo2qZNgb2biahDguxMZuCbGPQQ84
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dimpsk
Newbie
Offline
Activity: 112
Merit: 0
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March 08, 2018, 06:00:30 PM |
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Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?
Bitmain just sold batch2 A3s at very low price of $980. Halong selling B52 batch1 at $5,549. Obelisk supposed to release batch 1 of SC1 miner this summer. That is a lot of mining power focused on a small SIA network with no other coin to mine besides SIA. There is definitely an oversupply of ASICs on the SIA network for where the dev team is with the project. Regarding the price of SC siacoin,,,,,,, it looks like many ASIC miners took the approach of mine and hodl for a better price, so there is increasing overhang (hodlers waiting to sell) to overcome for the price to break through 4-5 cents again. Come back in a couple of years. Either Siacoin will be a micro penny....$0.00035 or at $0.10+ depending on execution of the dev team, btc price, etc.. I afraid siacoin totally ruined by it founders. Better to forget it. Buying asic for siacoin mining is a madness. |
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Tekno2020
Member
Offline
Activity: 262
Merit: 11
<<<-----( )----->>>
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March 08, 2018, 07:06:20 PM |
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Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?
Bitmain just sold batch2 A3s at very low price of $980. Halong selling B52 batch1 at $5,549. Obelisk supposed to release batch 1 of SC1 miner this summer. That is a lot of mining power focused on a small SIA network with no other coin to mine besides SIA. There is definitely an oversupply of ASICs on the SIA network for where the dev team is with the project. Regarding the price of SC siacoin,,,,,,, it looks like many ASIC miners took the approach of mine and hodl for a better price, so there is increasing overhang (hodlers waiting to sell) to overcome for the price to break through 4-5 cents again. Come back in a couple of years. Either Siacoin will be a micro penny....$0.00035 or at $0.10+ depending on execution of the dev team, btc price, etc.. I afraid siacoin totally ruined by it founders. Better to forget it. Buying asic for siacoin mining is a madness. Ya, the dev team are 1st class amateurs.... they should have focused on building out the software/GUI/network and encouraging adoption instead of trying to create a ASIC miner. I guess they got greedy with calculations on how much they could make self-mining. |
~The Annointed One~
btc: 31pDmi6PDdHFUT51MTzJNYacxYMZp2bi58
ltc: MGnitxNo2qZNgb2biahDguxMZuCbGPQQ84
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dimpsk
Newbie
Offline
Activity: 112
Merit: 0
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March 08, 2018, 07:32:16 PM |
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Anyone that owns an A3 or other Sia miner needs the price of this coin to move. It’s barely above 1 cent at the moment. What are people’s predictions on this?
Bitmain just sold batch2 A3s at very low price of $980. Halong selling B52 batch1 at $5,549. Obelisk supposed to release batch 1 of SC1 miner this summer. That is a lot of mining power focused on a small SIA network with no other coin to mine besides SIA. There is definitely an oversupply of ASICs on the SIA network for where the dev team is with the project. Regarding the price of SC siacoin,,,,,,, it looks like many ASIC miners took the approach of mine and hodl for a better price, so there is increasing overhang (hodlers waiting to sell) to overcome for the price to break through 4-5 cents again. Come back in a couple of years. Either Siacoin will be a micro penny....$0.00035 or at $0.10+ depending on execution of the dev team, btc price, etc.. I afraid siacoin totally ruined by it founders. Better to forget it. Buying asic for siacoin mining is a madness. Ya, the dev team are 1st class amateurs.... they should have focused on building out the software/GUI/network and encouraging adoption instead of trying to create a ASIC miner. I guess they got greedy with calculations on how much they could make self-mining. Yep, couldnot agree more. What a pitty, sia project was very promissing at the beginning. |
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Dlikrot
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March 08, 2018, 09:50:05 PM |
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Took me a year to mine with gpu’s what people mine in days with asic  Feel like vomiting. Hodl SIA? Nahhh!! |
To btc or not to btc - that is the electrum
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philipma1957
Legendary
Offline
Activity: 4102
Merit: 7714
'The right to privacy matters'
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March 08, 2018, 10:05:46 PM |
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So this algo is dead due to huge mining power. and what is going to happen with https://halongmining.com/shop/dragonmint-b29-blake256-miner/blake/decred the miner above is 2.1th the network is 1420th so 700 of these will be = to the network. What is going to happen to all other gpu algos? are we to see asics for every coin's algo? |
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bitcoinexplorer
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March 09, 2018, 02:15:12 AM |
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So this algo is dead due to huge mining power. and what is going to happen with https://halongmining.com/shop/dragonmint-b29-blake256-miner/blake/decred the miner above is 2.1th the network is 1420th so 700 of these will be = to the network. What is going to happen to all other gpu algos? are we to see asics for every coin's algo? Just like every human have to die, every coin have to meet ASIC |
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