God damn it.
These farms keep on dumping coins and tanking the market with all the cheap sia. Hope that when the diff ramps up the price can go back up, or at least there will be fewer cheap sia coins available (same difference).
Read my previous posts.
Its not mining farms, its simply a new mining software update from Claymores Dualminer.
No, its not merged mining, its 2 different algos at the same time, resulting in mining 2 different coins.
In this case its either ETH & DCR, or ETH & SIA.
It's concurrent mining, in other words.
He explains it quite well in his thread. Im just too lazy to find the post right now..
But ye, its pretty neat and cool.
edit:
Btw, have u guys tried it? You can disable ETH mining or put its intensity so low it wont affect the SIA part.
How does it match up against your current mining software?
I should have been more specific and yes I know about the dual miner, thats the recent hash rate increase.
Today there was a huge dump of Sia coins on the market, take a look at the candle stick. It comes out to a little more than $90'000 and I chopped that up to a farm mining a ton of sia and then for some reason decided to dump it all at once. In the past private pools and as well farms would hit Sia HARD when the hash rate would adjust really low, allowing them to grab tons of coins at high profit. I think with the dual miner that those days will be gone, as people will continue to dual mine sia until it is not worth it for the extra electricity.
I am a bit baffled WHY someone would need to dump so many coins at once, they could have easily sold those over a few days for more money. Well perhaps the fella need to make a down payment a new yellow Lamborghini
