[ANN] Sia - Decentralized Storage - page 320.

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Quote from: xurious on July 09, 2016, 12:25:46 PM

Quote from: Tmdz on July 08, 2016, 05:27:51 PM

Dual mining is actually bad for miners, the reason is simple. If people can mine both coins at once they no longer have to choose an algo to mine and it raises the hash rate in both. Where if they had to choose a single coin then hash would be removed from one coin and used to mine on another.

Anyway Nano has released a Beta Sia pool, the stats or payouts are not really working yet but the hash is already sky rocketing. Profitability is likely doomed on sia pretty soon.

Yup. Hashrates gone from 5TH to 11TH in about two weeks.

No, this is a good thing for the coin. It means people are interested. Sia is obviously not aiming to be just a pump n dump. Try to think long term if u can...not "omg difficulty climbing so high right after release!"

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: xurious on July 09, 2016, 12:24:31 PM

Quote from: cryptomaxsun on July 09, 2016, 11:26:48 AM

What pools for mining there except nanopoola?

Siamining.com will be up and running later today.

If you'd like to start on the beta (and we'll do some behind the scenes changes to live) you can start here: siamining.com/testing.

it will support the cuda miner version?

xurious

sr. member

Activity: 413

Merit: 250

Quote from: Tmdz on July 08, 2016, 05:27:51 PM

Dual mining is actually bad for miners, the reason is simple. If people can mine both coins at once they no longer have to choose an algo to mine and it raises the hash rate in both. Where if they had to choose a single coin then hash would be removed from one coin and used to mine on another.

Anyway Nano has released a Beta Sia pool, the stats or payouts are not really working yet but the hash is already sky rocketing. Profitability is likely doomed on sia pretty soon.

Yup. Hashrates gone from 5TH to 11TH in about two weeks.

xurious

sr. member

Activity: 413

Merit: 250

Quote from: cryptomaxsun on July 09, 2016, 11:26:48 AM

What pools for mining there except nanopoola?

Siamining.com will be up and running later today.

If you'd like to start on the beta (and we'll do some behind the scenes changes to live) you can start here: siamining.com/testing.

Tmdz

hero member

Activity: 1008

Merit: 1000

Quote from: adaseb on July 09, 2016, 04:55:49 AM

How long for coins to mature?

Did some digging and it is suppose to be 24 hours so that translates to 144 blocks for maturity.
Payouts on nano should begin later today as those coins mature.

cryptomaxsun

legendary

Activity: 2744

Merit: 1387

Ukrainians will resist

What pools for mining there except nanopoola?

Factmine

sr. member

Activity: 310

Merit: 250

Quote from: bbc.reporter on July 09, 2016, 04:43:54 AM

I just read that SIA is going after enterprises to use its platform. My question is have the SIA people started talking to them? If yes, which enterprises are looking forward to use and experiment with the platform? If not, what kind of enterprises are your ideal users?

Can SIA collaborate with EMC, another cloud storage company? What is the benefit for those companies?

adaseb

legendary

Activity: 3808

Merit: 1723

Up to 300% + 200 FS deposit bonuses

How long for coins to mature?

bbc.reporter

legendary

Activity: 3010

Merit: 1460

I just read that SIA is going after enterprises to use its platform. My question is have the SIA people started talking to them? If yes, which enterprises are looking forward to use and experiment with the platform? If not, what kind of enterprises are your ideal users?

DreamSpace

hero member

Activity: 556

Merit: 500

some different pools would be great

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: Amph on July 09, 2016, 03:28:56 AM

Quote from: ocminer on July 09, 2016, 03:13:31 AM

Is there only this "gominer" and the merged miner available yet ?

From what I see both are using getwork which is not the most optimal way for (pool)mining ... But i'll have a look again.

there is the cudaminer also with two fork

Yeah but no pool at all from what I see.. I'm gonna try to talk to Epsylon3 and maybe get something going

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: ocminer on July 09, 2016, 03:13:31 AM

Is there only this "gominer" and the merged miner available yet ?

From what I see both are using getwork which is not the most optimal way for (pool)mining ... But i'll have a look again.

there is the cudaminer also with two fork

bbc.reporter

legendary

Activity: 3010

Merit: 1460

Quote from: freshman777 on July 08, 2016, 02:53:55 AM

Quote from: bbc.reporter on July 08, 2016, 01:55:17 AM

I have read about Storj and came across SIA. How is SIA different than Storj and what does SIA have that makes it better in your opinion?

In all honesty, I became more interested when I saw the price shoot up really quick and thought there might be something in the platform that I missed.

they got a big discussion there, enjoy.
http://forum.sia.tech/topic/21/sia-vs-storj-vs-maidsafe/20

Thanks for providing the link. I will start reading it now so that we could discuss further.

ocminer

legendary

Activity: 2688

Merit: 1240

Is there only this "gominer" and the merged miner available yet ?

From what I see both are using getwork which is not the most optimal way for (pool)mining ... But i'll have a look again.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: adaseb on July 08, 2016, 06:46:51 PM

So the nanopool is the only public pool out there?

and it's not working with cuda also pointless

Quote from: adaseb on July 09, 2016, 02:44:35 AM

Looks like this coin is getting MURDERED by huge mining farms.

#1 miner on nanopool is sending 500GH/s. That's like over 500 GPUs.

Looks like the difficulty will double by next adjustment in a few days.

it depend some gpu can do 2GH so those could be "only" 250

adaseb

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Activity: 3808

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Up to 300% + 200 FS deposit bonuses

Looks like this coin is getting MURDERED by huge mining farms.

#1 miner on nanopool is sending 500GH/s. That's like over 500 GPUs.

Looks like the difficulty will double by next adjustment in a few days.

Tmdz

hero member

Activity: 1008

Merit: 1000

I am worried about the difficulty rising but...

The added hash will not increase decentralization, it will actually have the opposite effect and centralize the network to a few pools. Crypto will only be truly decentralized until it is unreasonable to solo mine and miners have no choice but to use pools for dependable payouts.

Sia Nanopool has been online for only 1 day and already 30%(and rising) of the network hash is centralized to that single location, if they reach 51% then it presents a serious security risk as they will have full voting control on forks and if they get hacked....

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Quote from: Tmdz on July 08, 2016, 05:27:51 PM

Dual mining is actually bad for miners, the reason is simple. If people can mine both coins at once they no longer have to choose an algo to mine and it raises the hash rate in both. Where if they had to choose a single coin then hash would be removed from one coin and used to mine on another.

Anyway Nano has released a Beta Sia pool, the stats or payouts are not really working yet but the hash is already sky rocketing. Profitability is likely doomed on sia pretty soon.

I really really disagree. The point of miners is to decentralize and secure a network, which they get rewarded for in exchange. Having software that allows 2x mining (decentralizing and securing) on a singe gpu? Sounds like the next logical step to me. I think you're just worried about the difficulty going up?

...And it's not like it's free to the miner either. Dual mining requires more power for the gpu, increasing expenses to match the increased rewards.

nrg_wolf

legendary

Activity: 882

Merit: 1000

Is it just me, or does the pool fail to show close to the real has rate that's being produced?
have 3ghs via the miner, yet the pool page barely goes over 2.2ghs.......

Tmdz

hero member

Activity: 1008

Merit: 1000

Quote from: adaseb on July 08, 2016, 08:03:23 PM

I am getting 280mh/s for my 7950/7970/280X and 400mh/s for my 290.

What speeds is everybody else getting?

I have same cards, 7950 and 290s.

using standalone GO miner!

690 MH 7950

1000 MH 290

using the dual miner I have same speeds as you 250 ish mh and 400 mh on 290.

I don't really like using the dual miner that much as it pushes the card harder vs the standalone.

Topic: [ANN] Sia - Decentralized Storage - page 320. (Read 1382191 times)