Topic: [ANN] Sia - Decentralized Storage - page 43. (Read 1382228 times)

MineCalc supports the cryptocurrency Siacoin which means to all Siacoin lovers that they can compute their estimated mining profit.

Calculate Now: Minecalc.com/coin/SC

Going through a hard fork to exclude Bitmain and exclusive their own Obelisk miners is dumb.  First, it's probably illegal due to it being a monopoly and it is using anti-compete tactics.  It's kind of like if Microsoft changed their code so that Netscape wouldn't work as well in Windows vs Internet Explorer.  Oh, wait that was a real thing that happened and Microsoft was fined and restricted for years because of it. 

That said, nobody from the Government is going to bother to investigate this.  So, they can do it and get away with it.

But will it matter?  The guy with the lowest power cost will earn all the tokens, and the rest of the Obelisk owners will still operate at a loss. 

Further, Bitmain might just tweak their design to support whatever new algo that Sia comes up with.  The Sia team operate slowly.  By the time they announce a fork and what they are forking too, everyone will be adjusting their miners and tools to be ready for it.  If they want to bother.  The price of these tokens has been in the toilet lately anyway.

Maybe instead of concentrating their efforts on hardware miners, and forks, they work on making the application something that people actually want to use. 

Sorry, the reason for the fork of siacoin is to go back to the 'original' vision of having an ASIC network for the siacoin decentralized anonymous cloud storage network

at a supposed price of 10c to Amazon Clouds $1 rate of pay. (as an example of what they want)

The 'catch' is Obelisk expected to provide the ONLY units to run on this network and use siacoin as a token as such to run this ASIC vision

They were 'naive' and Bitmain and others have blown up siacoin difficulty and price vs elec for ANY ASIC that none of them of any brand can make money on Siacoin now

due to again the electric cost vs what siacoin is worth

So Sia-Tech is left with the result that the ASIC's they made are worthless (along with Bitmain and others) thus HOW ARE THEY TO RUN THIS ASIC NETWORK NOW?

No way to do so unless they go back to the original vision and make their OBELISK's the ONLY units that can run their tokens for such ..thus a fork and a new coin to do

so.

This MAY NOT WORK, indeed they still have to convince a skeptical public that their vision of cloud storage can work and be safe and well run. This whole cluster

has not helped their image any.

Thus to a Bitmain Siacoin Miner...all, this makes no difference. You mined the hell out of Siacoin for a year before these units came out and they are now defunct.

Supposedly, you've made your profits as such. The current setup has to be done, and no way can it be done on siacoin anymore and make it worth even turning

on a siatech network using that coin...so, they have to do a fork IMHO or just scrap the whole cloud mining vision

still long odds after this cluster IMHO...but without the network ..they have zip as a company at this point in time....all because they thought a year ago at this

point in time they'd have the only ASIC's to use the siacoin network....again naive...now they have to fix this cluster or the whole project is doomed.

anyway, my take on this

brad

I don really understand what you are talking about and i dont even know what Forking means but i have Antminer A3 standing in my room turned off because electricity costs here more than i earn from it



sooo i want to know if there are chances that i can use it and earn something after forking ?


because im about only 30%  ROI from what i have payed for them



or any ideas what to do with them now or later or any time or any where if i dont have free or really low cost electricity


THX

From the beginning I believed that Sia is a great project and also has many thriving here. with a plan in the next month hard fork indicates its existence that the Sia is still continuing to innovate to do development against the projects.

A hardfork will eliminate the asic miner dumpers but will generate for sure new dumpers, cause the obelisks are also consuming a lot of W per hour
But in total there will be less miners, it can go up, but lower than those prices we are seeing will not go

I think they must be do a hard fork so price will increase and problems can be solfed.

give me your toughts?  what will the price be if there comes a hard fork.

in the meantime the technology is changing and growing a lot, SIA has to put the final product on the market ASAP cause if we will wait "years" there will be nothing to do for this potentially great project

I think that the final product of any project would like to see a lot of community cryptocurrency. But the truth is that we have to wait and hope for many years, and the results I think are known to all.

I also get why a fork might draw a lot of attention but whats it really going to matter if the product isnt finished and user friendly? Are there even real life cases of sia being used other than for speculation?

yes
we need the final product asap and a big marketing to spread the word

From what I can gather you can hard fork the coin...I see no way you could then 'reverse' the hard fork later on or some other kind of gizmo..these forks would live on

regardless...better to just fork...be done with it and see how it goes.

Even with a fork and decentralized network anonymous and cloud storage at 10c to $1 Amazon Cloud prices, you still need to show it can be done. So far this has

NOT seemed to be the case in any format on whatever has been touched by these folk.

Also, WHERE IS THE PROMOTION, that they are gonna compete with Amazon Cloud, with anonymous and decentralized at the above-stated prices etc?

IF no one knows about this, damn hard to get market share from Amazon Cloud.

Fork or no fork this whole project is still a long shot (mostly from them shooting selves in the foot)

hope I'm wrong.

brad

Can someone give a quick rundown on what has happened?

They have persuaded you to buy some expensive ASIC miners they now want to scrap. Right?

Also, what is the link between CPU/GPU/ASIC mining and cloud storage they advertise?

Also, their block explorer is so tricky, I can understand nothing.

It can be a soft or hard fork but a hard fork is more likely.

Good luck to the dev team we will stuck behind you.

I don't know if this soft fork will be good or bad for SC, but I am sure that will be a milestone that will change the future for SC development and implementation

Only that can do at this point is to wish good luck to the devs

BIG ANNOUNCEMENT   there are plans for a Hard Fork and i am excited 

https://docs.google.com/document/d/e/2PACX-1vSbeNaLNsGfK-R3qYeRFvtMCd8phUbnv6SQwniXngu12j_GveSZAFmX4d_5FpHAz7mWQJQkZD1y6sl8/pub

Its a plan not sure yet but Hope it Will we are going to the Moon SIA

StealthPay allows you to buy Sia with PayPal. Here are some easy steps to go:

1) Get a Stealth (XST) address on Bittrex.com
2) Go to www.stealthpay.com
3) Click on "Buy Stealth", fill in the relevant fields and click "Order Now".
4) In the "Payment Method" choose PayPal payment method.
5) Follow the displayed instructions.
6) After you receive your Stealth (XST), sell them on Bittrex against BTC.
7) Buy Sia.

StealthPay

I just need a big announcement to rebound. If you have read everything, the project has not started marketing now. The priority is to help the obelisk buyer for now and advance on plateform. You cannot make this kind of project in one month. When in vain will begin to approach the company and start is marketing.

Please tell us which security system is used to store Sia? Is it always safe?

That is exactly my point of view. Sia was on bubble train in 2017 and made a lot of people rich just because of crypto craze. I'm not saying that sia isn't good, it is good project, but competition is growing everyday.