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Metroid
Sr. Member
 Offline
Activity: 2142
Merit: 353
Xtreme Monster
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October 04, 2018, 12:32:38 AM |
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They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years.
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BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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nsummy
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October 04, 2018, 12:54:29 AM |
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Good video, I have to disagree that this is the "biggest blow to Bitmain anyone has ever done" though. I mean if anything it made Sia look bad and Bitmain the martyr. I don't know what they are selling them for now, but you could pick up an A3 directly from bitmain for under $200 recently. Unless you have free electricity, they lose money. Bitmain swooped in, made what I am assuming was a large profit, then they got out. Didn't develop anything to beat Innsilicon's entry. I think its funny though that David somehow still mentions them as one of the reasons though!
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nsummy
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October 04, 2018, 12:55:10 AM |
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They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years.
They are delusional too. In the Reddit ama they said they are still going to operate the company and create asics for other coins! Its insanity. |
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yrk1957
Member
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Activity: 529
Merit: 29
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October 04, 2018, 01:24:04 AM |
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Why is Bitmain A3 even being discussed? Its pitiful compared to Innosillicon Siamaster.
And the biggest issue is that Innosillicon owns almost 50% of hash-rate for Sia. Yes, Innosillicon self-mining themselves, not the Siamaster's they sold to others.
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alucard20724
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October 04, 2018, 03:15:30 AM |
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Bitmain and Innosillicon will just support the old fork and call it SiaClassic or something. There's nothing preventing them for supporting and developing on the sia code that works with their miners.
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Marvell2
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October 04, 2018, 03:21:39 AM |
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Its barely a blow to bitmain, the monero fork was a way bigger blow , bitmain already killed the sia network and farmed the hell out of sia at lower diffs.
Misslrading topic imo , it affects inno way more than bitmain since thier sia hash is far larger.
you should rename it to biggest blow dealt to innosilcon lol.
Bitmains blow is comming soon with progpow on eth
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MinedTangerine
Jr. Member
Offline
Activity: 308
Merit: 4
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October 04, 2018, 05:43:10 AM |
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They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years.
How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible. But who cares about Siacoin anyway. Its a shitcoin. |
SUQA - A new open source peer to peer digital currency
(https://suqa.org/) |
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chup
Sr. Member
Offline
Activity: 736
Merit: 262
Me, Myself & I
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October 04, 2018, 06:04:12 AM |
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How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible.
But who cares about Siacoin anyway. Its a shitcoin.
It is very nice thing if You hodl. Just like summer 2017 BTC/BCH reward for BTC hodlers. |
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adaseb
Legendary
Offline
Activity: 3752
Merit: 1710
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October 04, 2018, 06:38:01 AM |
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How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible.
But who cares about Siacoin anyway. Its a shitcoin.
It is very nice thing if You hodl. Just like summer 2017 BTC/BCH reward for BTC hodlers. Your message makes absolutely no sense to this topic. No idea why you are talking about hodling or the BCH fork. Either way like I commented on my other post. The people that are screwed the most with this are the retail owners of these ASICs which haven't reached ROI yet. Bitmain doesn't really care since they got plenty of other algos to mine anyways. |
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Marvell2
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October 04, 2018, 06:43:47 AM |
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How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible.
But who cares about Siacoin anyway. Its a shitcoin.
It is very nice thing if You hodl. Just like summer 2017 BTC/BCH reward for BTC hodlers. Your message makes absolutely no sense to this topic. No idea why you are talking about hodling or the BCH fork. Either way like I commented on my other post. The people that are screwed the most with this are the retail owners of these ASICs which haven't reached ROI yet. Bitmain doesn't really care since they got plenty of other algos to mine anyways. yup , shitmain could give a flying f*** about sia lol, they made millions off it already on shovels and early mining |
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chup
Sr. Member
Offline
Activity: 736
Merit: 262
Me, Myself & I
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October 04, 2018, 06:48:18 AM |
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Your message makes absolutely no sense to this topic. No idea why you are talking about hodling or the BCH fork.
Either way like I commented on my other post. The people that are screwed the most with this are the retail owners of these ASICs which haven't reached ROI yet. Bitmain doesn't really care since they got plenty of other algos to mine anyways.
I bet it is going to fork. SIA price says I'm not the only one.  |
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VoskCoin (OP)
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October 04, 2018, 02:44:33 PM |
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Its barely a blow to bitmain, the monero fork was a way bigger blow , bitmain already killed the sia network and farmed the hell out of sia at lower diffs.
Misslrading topic imo , it affects inno way more than bitmain since thier sia hash is far larger.
you should rename it to biggest blow dealt to innosilcon lol.
Bitmains blow is comming soon with progpow on eth
Bitmain is a much more recognizable name compared to innosilicon, Bitmain was also first to market starting this whole debacle. That's why I chose to use Bitmain over inno etc also most people will get a kick out of jihan wu's latest tweet https://twitter.com/VoskCoin/status/1047851145882947585 |
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VoskCoin (OP)
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October 04, 2018, 02:45:39 PM |
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How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible.
But who cares about Siacoin anyway. Its a shitcoin.
It is very nice thing if You hodl. Just like summer 2017 BTC/BCH reward for BTC hodlers. yes its just like this except instead of making hundreds to thousands to millions you will make cents to dollars lol  |
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VoskCoin (OP)
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October 04, 2018, 02:46:16 PM |
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Why is Bitmain A3 even being discussed? Its pitiful compared to Innosillicon Siamaster.
And the biggest issue is that Innosillicon owns almost 50% of hash-rate for Sia. Yes, Innosillicon self-mining themselves, not the Siamaster's they sold to others.
maybe they are uh . . big SIA supporters? lol |
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VoskCoin (OP)
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October 04, 2018, 02:47:37 PM |
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They took too much time to do that, although is a nice thing they did but i'm afraid is too late, the damage is already done and to recover from that, will be years.
How is it a nice thing. They simply said everybody to f*** off so their ASICs can work at all. Just a money move nothing else. They centralize the network under their control. I don't get it how this is a good think. They are hypocrits, the biggest possible. But who cares about Siacoin anyway. Its a shitcoin. I do know of a particular popular person outside of Siacoin who cares about this decision Good ole Jihan Wu https://twitter.com/VoskCoin/status/1047851145882947585"Siacoin devs decided to use dark force to manipulate everything, and resist started. Good post. Community can fork from within side and it may take over the corrupted founding dev."  |
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chup
Sr. Member
Offline
Activity: 736
Merit: 262
Me, Myself & I
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October 04, 2018, 02:51:20 PM |
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yes its just like this except instead of making hundreds to thousands to millions you will make cents to dollars lol Don't get it. SIA exchange liquidity will take "fork bets" in million$ easy. |
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Metroid
Sr. Member
Offline
Activity: 2142
Merit: 353
Xtreme Monster
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October 04, 2018, 03:50:48 PM |
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Either way like I commented on my other post. The people that are screwed the most with this are the retail owners of these ASICs which haven't reached ROI yet. Bitmain doesn't really care since they got plenty of other algos to mine anyways.
And the interesting thing is that Bitmain use this argument when coin devs say they will brick their asics. Bitmain --> "If you devs want to x asics then as we sold many to people, in the end you coin devs will only brick peoples asics.". People need to understand that buying asics always have risks, they should never blame coin devs to brick asics if that is what they were committed in the first place which we all know sia devs were never commited to brick their own asics, and yes to brick competitor asics which i think is wrong. If they want to brick then brick all asics and not just competitor asics cause if they do that then what they are doing is a dictatorial action towards competition and that is wrong in a open cryptocoin market, imagine eth devs bricking amd gpus and letting only nvidia gpus. The truth is that sia devs are doing this as a revenge x bitmain and in the process is ******** all other sia asic companies, in my concept is, brick all or dont brick any. |
BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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dagarair
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October 04, 2018, 03:55:24 PM |
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Good post bro.... loose the music  |
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VoskCoin (OP)
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October 04, 2018, 05:30:51 PM |
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Good post bro.... loose the music thanks man  All together or you think it was too loud? A lot of research I've read stated that music promotes increased watch time -> and thats the main metric YT uses to rank / suggest your video to more viewers |
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