RIP to the overload of SIA miners that have been dumping daily - killing the SIA price and destroying our supporting miners. NO MORE - it stops NOW. Finally.
Miners that give a #@#$%@ about SIA and community are back in control.
Check out all of the daily miner SIA dumps happening for the last time today ... Good riddance to all of you and may the door hit you on the way out! So long Jihan and Bitmain crew that has rekt SIA's pricing support for far too long.
Also, SIA > USD --- This is really big news, Don't see the other coins/tokens getting USD support at POLO & Bittrex.
Something brewing with SIA, the infrastructure occurring on exchanges is incredible.
how do ASIC miners kill SIA price? you must be so naive to say such a thing, the price of anything on this planet is driven by supply and demand. so here came the hardfork , what's up now? will the supply decrease? of course not, other people with Obelisk miners will mine the coin and of course MANY will exchange that to BTC or FIAT to pay their power bill and ROI on their investment ! . 99% of POW coins are mined using ASICs . not a big deal !
what you should ask yourself is this, why did SIA hardforked against ASICs that they do not have a direct $$$$ from their sales? very simple !
The SC team joined the mining business, invested a lot of money and of course expected a huge return ! what happened then ? they get f**d by innosilicon and bitmain ! why? simply because those giant manufactures are a couple of million years ahead ! .
so what to do to protect your investments? simple, hardfork !
if SIA forked against every ASIC like XMR did , then ya it would makes sense when bring centralization /51% attack and whatever other bullshit. but when a hardfork goes against X,Y companies but allowing Z to mine it, then you should know the answer yourself.
this hardfork only shows how immature this coin and the team are.
what do you think they are going to do if bitmain or inno drop another bomb on their Obelisk miners again ? hardfork and hardfork and hardfork.
take ETH , ZEN , ZEC and many other coins that had recently started being mined on ASICs , what did the dev teams do about it ? hardfork ? nop ! they are busy with improving their project. while the SIA team are so busy trying to make $$$ of their poorly made ASICs. see you can't do so many things at the same time, you either focus on the project or on manufacturing ASICs.
as for the SC price, it has been declining since the fork. while most other coins that are mined using ASICs are gaining some good value.