Topic: [ANN] Sia - Decentralized Storage - page 44. (Read 1382189 times)

Since I have a couple of A3 and S11 Blake2b miner, I was worried when I heard that the Sia team would hard fork the Sia chain and make the non-obelisk ASIC miner not working. I was so disappointed when I heard that news. I bought the first, the second and the third batch of A3 and have been mining Siacoin since this January because I believe that the decentralized cloud storage project is promising.  I am glad to see another project - the space cash is coming out to compete with Sia and my A3 and S11 can work again in the future.

I'm assuming spacecash is a centralized (vs siacoin decentralized) coin and also does not due anonymous cloud storage?

ie...standard coin to be used for hard drive space storage....?

i tested the space wallet  it's  better and faster than the sia
sia is gonna have some hard time if space team is good

spacecash is the ticket for now lols

===>

https://hspace.app/space-cash

Ah.but there is the catch....what crypto are you talking about? If they fork Siacoin and use the new forked Siacoin on their decentralized anonymous network cloud storage, at 10c to

Amazon Cloud's $1 price. As a comparison. Siacoin (non-fork) as it exists now MAY NOT be worth, anything, and this new fork does what you wish/claim will be the replacement coin.

Just saying, strange times, be aware.

brad

Im highly confident in SIA, I believe that it will be a top crypto in some years from now.
And when market recovers we will see Siacoin price move to higher levels.

The decentralized repository is gaining momentum! more and more companies need with the provision of services with storage of data! the whole world goes to the information level, society begins to need data storage! especially became popular in decentralized storage! I'm sure that the company is waiting for success!

talking to some developers ~ i'll keep you posted bud zzz

Thats gambling, not investing. Buying a coin because its cheap is no strategy, especially not with sia. Sure, its a good project with a very capable team, but they're bringing a solution to a problem is already being solved by other projects, who offer a lot more than just storage.

wait for a new Blake2b algorithm coin to mine or take the Ant A3 and screw-it-through on the wall

Ok. If fork of Sia, what should Antminer A3 holders do?

And your wallet is so slow for me. Slow sync and slow usage. Please do file sharing!!!

I wonder about high business profitable of your project. How can you bring benefit to users?

Why not man.. according to paranoid mental John mcaffee bitcoin will goto some astronomical price.. and as that support wavers it will be all dumped into alt coins.. Sia sits at a low amount of sats which means somebody can buy a truck full.. I shouldn't have sold at the price I did.. if I kept now I would have 300bitcoins when I brought at 6sats.

it may be I only have a choice of which 'mining air' at an electric loss I might pick with the 5 obelisks. fork coin air mining or

current sia coin air mining.... sheesh

brad

– Team REKT
Copyright © 2018 Obelisk, Inc. All rights reserved.

spacebucks when? :\ hmmm

So you think the price will rise again?

Ive been a Sia supporter since it was on the exchanges at 6sats..
I really think people like taek are trying to do the very best for this space. I don't know where or why the obelisk miners came into the scene, I see the justification is that they will help strengthen the network. this is why I decided to buy 2, and participate. But with all the time, VC funding and effort going into Sia. I think the best choices will be made in the end. I just hope not at the influence of their VC funders wanting a quick exit strategy.

Kinda a bombshell below, submitted fof those who have NOT gotten a unit and did not get the below email (for you lurkers out there) and to start a conversation on this annoucement.

hmm.....I may have to re-think my views on Sia-Tech NOT trying to pull something out of this cluster....kinda impressed at the effort, if unsure of the result, at this time.

Got this from them via email below

I am not 'entirely' sure of what this will do to Siacoin's price....I'll let others on this thread contemplate that...figured folk on this thread would need to know this as well as those who

have Obelisk units.

8/13/18


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The Plan
Dear Obelisk Customers,

Production is progressing, firmware is almost complete, and we expect to begin shipping units this week. We now have approval from our team, board, and counsel to share our plan.

First, we will compensate Batch 1 customers with expected mining revenue. Since we missed the estimated shipment date for Batch 1, we will compensate all Batch 1 customers with the mining revenue that you would have received between June 30 and the day your order ships. As of today, this is approximately $90 for each SC1 unit and $250 for each DCR1 unit. If we miss the estimated shipment dates for Batches 2-5, this policy will also apply.

We will begin sending out this compensation to customers sometime after Batch 5 ships. Obelisk will calculate your expected mining revenue based on a hashrate of 800 GH/s for SC1 and 1500 GH/s for DCR1. Compensation will be in USD, and will assume that you exchanged your mined coins for USD on a daily basis and that your electricity cost is $0.

In the coming weeks, we will put together a more complete guide to receiving this compensation and publish our official calculations so that they can be reviewed by the community. Depending on Obelisk’s financial position after delivering Batch 5, it may take several months or more to compensate all customers.

Second, we will release the SC1 alternative Blake2b algorithm in the coming weeks. This will give the Sia community the ability to fork and could invalidate all non-Obelisk Siacoin ASIC miners on the forked chain.

The Sia core developers are currently considering community member FaustianAGI’s proposal and will soon be issuing an official response. As of today, all Nebulous (the company employing Sia’s core developers) and Obelisk employees are supportive of a fork.
There are still many details to solidify, but we pledge to provide additional information in the coming weeks. We are working tirelessly to deliver your orders, and will continue to update you with our progress.

Best,

– Team Obelisk
Copyright © 2018 Obelisk, Inc. All rights reserved.

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Also below is the 'embedded' link in the email below...for consideration....the proposal for funding of development (from what I gather)

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https://www.reddit.com/r/siacoin/comments/94ji0q/a_community_proposal_to_resolve_the_obelisk/

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I'm not exactly sure how this is gonna work out...but I must admit I'm impressed they are trying like hell to do something about this mess

We will see.....I will happily 'eat crow' on even an attempt to pull something out of this mess...So kudos for them attempting such at least...

Anyway, some of what they are trying to do is confusing yet and unclear, I will let better minds than myself comment below on such for clarity...this is just a start

to the conversation on this

we will see

Brad

you cannot compare bitcoins price from back in the day, when probably less than 1000 people bought bitcoin as an investment, to sia right now, when pandoras box has opened and all this other potential has come out.