Topic: [ANN] Sia - Decentralized Storage - page 22. (Read 1382227 times)

i hope that there will be some movement in the course with this update/news...

Finally some good news

https://blog.sia.tech/announcing-goobox-alpha-and-how-it-works-with-sia-e9b2a16f981b

the fact they used to post on bitcointalk forum and now don't makes what you say about the 'decentralized' block storage as you say..big guys only...

I have a hard time seeing a 'big' place needing storage backup wanting to use siacoin or sia-tech at this point in time...

naw...it is still amateur hour for sia-tech...they are more into hardware upfront risks to miner consumers along the bitmain plan IMHO, then they are in any way

progressing in a like manner on storage..so far it seems to me to be 'smoke and mirrors'....there is NO promotion of the plans you talk about in the business community

at the level of the hardware hype....thus as a 3 legged stool of storage/ASIC's/promotion..it is only emphasizing the equip angle..which 'supposedly' was for ease,

speed and security of the storage network...which lags...cart before the horse...

again, if what they are saying is true on the storage front...I see nothing in the real world or even crypto world press on any of that....just the ASIC's and that press

is usually negative (right or wrong). Thus I see no hook at this time to get the large data halls to adopt as they claim...

Stuff just on twitter and their own links ...just don't cut it...even if they were active on bitcointalk that would not cut it either

crypto word wise and/or promotion wise they are not doing zip but a few crypto festivals...again...if they want business, large data hall action ...and such..that don't cut it.

At least back in the day small miners acted as 'cheerleaders' for crypto..they need the same solution for storage decentralization...otherwise I feel they will never gain

any traction and of course along with legit business promotion and less emphasis on the sia-tech hardware toys.

We will see, but I've been harping on this for 1 year or more..with no real progress at all ...indeed just not seeing it

Not many, but stil - Countinghouse Fund (CHT) for example

https://static.wixstatic.com/media/09492c_3660807a843b4e3da9457a755c39f62a~mv2.png

21X ETH ROI
4X USD ROI

in 33 weeks of worst bear market

Can you mention which coins have started to grow in bear market conditions like now? SC in my opinion is still in the same situation and will not move for a long time.

Hello all guys-what news the coin in the near future? Are there prerequisites for great growth?. I understand that the whole market is in the hands of bears, but now many coins have come to life, and SC is at a local minimum.

are we going to 5 sats again ?

you have a fair point..but perhaps I am delusional in that I thought that you could make a miner box or siacoin storage option with used or new HD's and parts

and thus make more than electric with the said box-like mining (minerbox builds) (decentralized) if it is all now come down to the big data hall folk fighting down to

sia-tech level awarness of existence

and beating Amazon in pricing..er that too may be a stretch...but regardless I may be naive and such a box stopped being practical to make $$$ on when

the miner box was offered last year...perhaps I am that far behind the curve...and like other miner data hall cloud miners will fight this out and determine

the price of siacoin...my bad..if that is the case...

but then you get to the issue will 1) other data halls actually flee from Amazon for this sia network...corp world types that is....er....perhaps..but man

they'd better get some world class promotion going if the small minerbox builds like I thought was going on is no longer an option...that may be a tough

sell without the grass works small fry (as I expected) to pave the way (as was done with BTC mining back in the day...cheerleaders as it were)

so beat me up...likely I'm wrong on much of the above (i sure am confused on the long term planning of sia-tech/asic's and siacoin from these guys)

later

brad

Sia coin is one of the most favored project by traders.  It started big and dominated a fair portion of crypto related conversation in the space all the way to this day.

The SIA team does a fair amount of posting, including Mr. Vorick, over on Reddit.  There you will find recent posts where the SIA team acknowledges that the people hosting are doing so at a loss.  Interestingly, the defense of this is that loss is being "mitigated" by home users (not professional data storage nodes) renting out what would otherwise be "unused" space.  I'm not sure this makes much sense, but whatever.

That's what the SIA team has to say about this, not Brad, not myself.

Wander over and check for yourself:

https://www.reddit.com/r/siacoin/comments/a9pn53/why_is_sia_more_costeffective_than_amazon_s3/

https://blog.sia.tech/sia-community-update-december-2018-590885425bc7

If you read the source of this event than there is no hard date announced yet so they are showing estimated date for this.

24 January 2019 (or earlier)
Siacoin (SC)
Goobox Alpha Release

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Siacoin+%28SC%29&SortBy=0

who knows the correct date?

No matter the calcs..the decentralized part of the equation (small folk like me) that would wish to build a small box to explore this can't afford to...thus w/o such data halls and big guys coming into play...

what is the difference in centralization (like btc mining) vs decentralization as sia-techs goal. I assume it is their goal in that the keep making arrangements with small builds like minerbox and another one

recently I forget the name of. Thus, they seem to be kicking out a lot of equipment and if it is a 3 legged stool, the price of the coin, storage, and asic security..they are IMHO, really really behind on the decentralized

the storage aspect ..which should have been the first consideration IMHO, then ASIC's ...anyway...not a good trend to continue IMHO.....I mean they have just shipped 1-5 batches of ASIC equipment with no real

need for that much ASIC power on a network that is in no way up to par, again IMHO. Lastly, this is my assuming that all price of siacoin without any storage network that pays...is based on speculation..so

by all means....get more ASIC's out there driving difficulty up.. oops already happened...so as a strategy by sia-tech...I sure do understand the order of priority in the whole works

what is the next major event and when ?
i cant get it from road map

Wrong link?

https://trello.com/b/Io1dDyuI/sia-feature-roadmap

https://sia.tech/roadmap
i cant see the roadmap there
what happened ?

Latest calculation I saw said 330 sia coins per terabyte per month...so ten 12TB disks
would give about 40 000 SCs per month, or about 93 USD (minus cost of running that setup)

Of course You should have been more clear. At least to show "calculation" with "25% loss" running SIA hosts.
Taking into account that SIA cloud storage is the feature distinguishing SIA from crypto crowd it is of great interest seeing such "calculation".
Especially when SIA team is assuming that professional data storage nodes would be the core of SIA storage cloud, not the average Joe with available free HDD space and sufficient internet bandwidth.
My opinion is opposite - SIA team could partner with HDD manufacturers and each OTC HDD would come with preinstalled SIA hosting software/wallet that customers could run if proper internet connection is available.
At this point of SIA wallet usability it is not possible, but decentralization is power crypto world should aim to.

I should have clarified those calculations were done when BTC was at 5.2k USD or so....back a bit

I suspect since the dump it has not done any better...I'd LOVE to be utterly wrong on this and build a rig

anyway, since the dump have not bothered to look at this again...also remember this was with USED equipment

really unsure of what it would be with new (even though I assume storage prices for HD's have likely? come down since that $5.2k price...I think it was when I did the calcs)

anyway, should have been more clear

The other thing is I hear very little on here on such storage rigs on this thread, you'd think if such rigs were making $$$

folk would be posting about it on the thread with encouragement...that is another concern of mine..such as it is.

As to the Siacoin Price...I SOLD my sia obelisk miners (5) for enough money just 'barely' by like 0.0125 over or so the BTC spent in 2017 over my

original investment......so I am calling that a WIN...in that they sat as 'doorstops' in the box for 1.5 months or some such ..till the siacoin fork...

this is with the 1.25 million siacoin I managed to mine...above and beyond that 'cover my ass on equipment' on the miners...I also am unclear how much/if any siacoin I will

keep and/or convert to BTC ...the miner money is in BTC along with the supposed compensation from sia-tech that is coming...too boot will be applied to above orig equip $$$ FYI.

so, broke even with miners sold 2 months ago or so....barely....now as to do with 1.25 million siacoin..above and beyond that Win...I'm unclear...that is above

and beyond my original equipment investment etc.

again, as I have said before...too much, IMHO, dubious 'silence' on the anonymous cloud storage solution sia-tech touts and of

course we know the issues with miners and/or siacoin price in this crypto bear market...anyway..it all makes me 'twitchy' indeed.

(not that I know what I'm talking about ..it is not like I sold enough crypto of any flavor when the bubble of price was high)  sigh...

Feel free to 'chime' in here, those with siacoin storage setups...I'd love to be frigging wrong...bored I am ....no miners of not of any crypto flavor now in 2019.

Warning: Entering Your existing wallet seeds to anonymous online wallets is extreme danger for Your assets!