I got the siafund spending tool passing its tests, now we just need to add everything to siac.
Sorry we're late on this, but it's almost ready on master.
Sorry we're late on this, but it's almost ready on master.
Cool! quite a project indeed
Topic: [ANN] Sia - Decentralized Storage - page 449. (Read 1382227 times)
Cool! quite a project indeed
Hash has dropped dramatically? maybe ill fire back up miners lol,,,, not until tonight though when it cools off lol
I got the siafund spending tool passing its tests, now we just need to add everything to siac.
Sorry we're late on this, but it's almost ready on master.
Sorry we're late on this, but it's almost ready on master.
I think we are ready for pool , there wont be any luck for most the miners with such network.
@OCminer: Are you attending to enter on this project , mate
@OCminer: Are you attending to enter on this project , mate
speaking of hashrate:
Hash rate (last 1000 blocks) 88.784632GH/s
Hash rate (last 100 blocks) 196.982266GH/s
Hash rate (last 30 blocks) 341.852641GH/s
Hash rate (last 10 blocks) 1.865794TH/s
hash explodes - lets see what price does
Hash rate (last 1000 blocks) 88.784632GH/s
Hash rate (last 100 blocks) 196.982266GH/s
Hash rate (last 30 blocks) 341.852641GH/s
Hash rate (last 10 blocks) 1.865794TH/s
hash explodes - lets see what price does
Hashrate has always been an indicator of price. Once more and more people want coins, more people mine them and hence the hashrate increases.
Usually the hashrate increases first and then its waves are hitting the market and synch it upwards.
Futher more we were at 3-4 min blocktime last time i checked - that means the mentioned inflation will DECREASE by factor of 3 compared to 10 min final blocktime.
You mentioned a bubble - well for me bitcoin is more of a bubble than siacoin, because siacoin creates value. Sia will always be worth something, because you can do something with it directly.
You could call that intrinsic value if you like. That intrinsic value will be the backbone to make it a good exchange of value as well - especially as payments are instand.
hashrate is a good indicator of interest, agreed. I did not know about blocktime changes, thats a cool design. Smart and thanks for the info
My use of bubble is not condemning the coin, but commenting that in the absence of open, simple means of exchanging Siacoins, either by mining, hosting, or buying on an exchange, the price
Who knows where this will price itself. I have been a follower of Sia since the beginning in the Proof of Storage days. Share prices dropped from 8000nxt to 505nxt on that news. Still a lot of tech to get right here, and the miners are not the ones interested in the health of the project. They are interested in today's hashrate.
think about this..
The market is loading up with currency, but the design of the coin is constant inflation with intent to spend. siacoins are not meant to hold value, they are meant to transfer value. Mining supports the backbone of the tx, but even with increasing difficulty, there are more and more siacoins being mined which will provide downward pressure on the price over (long enough) time.
The function of siacoin is to pay for hosting files. file hosting on the big guys is cheap. Sia will be even cheaper, and be the payments will be distributed to hosts, not extracted to Corporate earnings or Advertising budgets
In summary here, hashing is going way up, which is great since it secures the network, mining is getting easier to use, again good for network. Price will rise a bit here as difficulty increases, but without a pressure release value we get a bubble. If there was an exchange, that would be our valve. Once there is a market for hosting, that will serve to level the price even more. In the absence of those, we get some excitement. Don't let it carry you away.
On a related note, I know of a NXT asset that holds 222 sianotes..
sia tips 957f3cb77db909ef85ddc41ebc7bb243d2f951a2e58f36c52b3321e39e99dfbd
The market is loading up with currency, but the design of the coin is constant inflation with intent to spend. siacoins are not meant to hold value, they are meant to transfer value. Mining supports the backbone of the tx, but even with increasing difficulty, there are more and more siacoins being mined which will provide downward pressure on the price over (long enough) time.
The function of siacoin is to pay for hosting files. file hosting on the big guys is cheap. Sia will be even cheaper, and be the payments will be distributed to hosts, not extracted to Corporate earnings or Advertising budgets
In summary here, hashing is going way up, which is great since it secures the network, mining is getting easier to use, again good for network. Price will rise a bit here as difficulty increases, but without a pressure release value we get a bubble. If there was an exchange, that would be our valve. Once there is a market for hosting, that will serve to level the price even more. In the absence of those, we get some excitement. Don't let it carry you away.
On a related note, I know of a NXT asset that holds 222 sianotes..
sia tips 957f3cb77db909ef85ddc41ebc7bb243d2f951a2e58f36c52b3321e39e99dfbd
Hashrate has always been an indicator of price. Once more and more people want coins, more people mine them and hence the hashrate increases.
Usually the hashrate increases first and then its waves are hitting the market and synch it upwards.
Futher more we were at 3-4 min blocktime last time i checked - that means the mentioned inflation will DECREASE by factor of 3 compared to 10 min final blocktime.
You mentioned a bubble - well for me bitcoin is more of a bubble than siacoin, because siacoin creates value. Sia will always be worth something, because you can do something with it directly.
You could call that intrinsic value if you like. That intrinsic value will be the backbone to make it a good exchange of value as well - especially as payments are instand.
think about this..
The market is loading up with currency, but the design of the coin is constant inflation with intent to spend. siacoins are not meant to hold value, they are meant to transfer value. Mining supports the backbone of the tx, but even with increasing difficulty, there are more and more siacoins being mined which will provide downward pressure on the price over (long enough) time.
The function of siacoin is to pay for hosting files. file hosting on the big guys is cheap. Sia will be even cheaper, and be the payments will be distributed to hosts, not extracted to Corporate earnings or Advertising budgets
In summary here, hashing is going way up, which is great since it secures the network, mining is getting easier to use, again good for network. Price will rise a bit here as difficulty increases, but without a pressure release value we get a bubble. If there was an exchange, that would be our valve. Once there is a market for hosting, that will serve to level the price even more. In the absence of those, we get some excitement. Don't let it carry you away.
On a related note, I know of a NXT asset that holds 222 sianotes..
sia tips 957f3cb77db909ef85ddc41ebc7bb243d2f951a2e58f36c52b3321e39e99dfbd
The market is loading up with currency, but the design of the coin is constant inflation with intent to spend. siacoins are not meant to hold value, they are meant to transfer value. Mining supports the backbone of the tx, but even with increasing difficulty, there are more and more siacoins being mined which will provide downward pressure on the price over (long enough) time.
The function of siacoin is to pay for hosting files. file hosting on the big guys is cheap. Sia will be even cheaper, and be the payments will be distributed to hosts, not extracted to Corporate earnings or Advertising budgets
In summary here, hashing is going way up, which is great since it secures the network, mining is getting easier to use, again good for network. Price will rise a bit here as difficulty increases, but without a pressure release value we get a bubble. If there was an exchange, that would be our valve. Once there is a market for hosting, that will serve to level the price even more. In the absence of those, we get some excitement. Don't let it carry you away.
On a related note, I know of a NXT asset that holds 222 sianotes..
sia tips 957f3cb77db909ef85ddc41ebc7bb243d2f951a2e58f36c52b3321e39e99dfbd
guess i split up my offer in 2 packages, so someone can buy with less btc
1x 8m 2 btc
1x 12m 4 btc
your being to generous 1x 8m 2 btc
1x 12m 4 btc
of course
sooner or later someone will do the math and see how much those coins will be worth with those hashrates
guess i split up my offer in 2 packages, so someone can buy with less btc
1x 8m 2 btc
1x 12m 4 btc
your being to generous 1x 8m 2 btc
1x 12m 4 btc
guess i split up my offer in 2 packages, so someone can buy with less btc
1x 8m 2 btc
1x 12m 4 btc
1x 8m 2 btc
1x 12m 4 btc
well we know its not rig rentals lol
Hash rate (last 10 blocks) 558.347178GH/s
Thats about 80K Sia per GH per day..
*turning off my 110mhs 280X*
ya today is it for me to .....when I got up, it was 200 GH but its nearly tripled in the last few hours,, no hope now Thats about 80K Sia per GH per day..
*turning off my 110mhs 280X*
Hash rate (last 10 blocks) 558.347178GH/s
Thats about 80K Sia per GH per day..
*turning off my 110mhs 280X*
Thats about 80K Sia per GH per day..
*turning off my 110mhs 280X*
Man if I didn't know better it sure looks like asics have entered the scene lol
But don't think so..... and if they do? well give the mining software and Ill mine asics too
lol But don't think so..... and if they do? well give the mining software and Ill mine asics too
Nope, it's one or 2 big ass farmers with modded miner (a little birdy told me...) ;-)
and increasing... ... ...
Hash rate (last 1000 blocks) 87.088686GH/s
Hash rate (last 100 blocks) 176.944988GH/s
Hash rate (last 30 blocks) 232.431506GH/s
Hash rate (last 10 blocks) 468.951699GH/s
Hash rate (last 1000 blocks) 87.088686GH/s
Hash rate (last 100 blocks) 176.944988GH/s
Hash rate (last 30 blocks) 232.431506GH/s
Hash rate (last 10 blocks) 468.951699GH/s
Haha, as said before, welcome Farmers and goodbye to all those small time miners out there....
Hash rate (last 1000 blocks) 87.269127GH/s
Hash rate (last 100 blocks) 177.978138GH/s
Hash rate (last 30 blocks) 235.458683GH/s
Hash rate (last 10 blocks) 524.288000GH/s
This definitely isn't the standard open source miner anymore.. :p
Yes, I agree with you.
We're all wasting our power with the poor miners.
When the miners have a large BUG release wallet, which is itself a conspiracy
And you best believe those that those have tweaked their mining software to max it out, surely are not going to come in here and out of the kindness of their hearts, just post a nice pretty simple download link to it lol no sir, they gonna mine the hell out of it while they still can Don't blame em
Don't blame em
Man if I didn't know better it sure looks like asics have entered the scene lol
But don't think so..... and if they do? well give the mining software and Ill mine asics too
lol But don't think so..... and if they do? well give the mining software and Ill mine asics too
hashrate is insane lol
accepting bets on how long it will take till my offer 20m at 6 btc is sold out
accepting bets on how long it will take till my offer 20m at 6 btc is sold out
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