Quote from: Eyedol-X on June 20, 2017, 11:30:46 PM

Quote from: ekrififi on June 20, 2017, 11:27:48 PM

I don't know if anybody else saw this. but they just announced the very first Asic for SIA, called the Obelisk SC1.

http://cryptomining-blog.com/8837-siacoin-sc-to-get-a-dedicated-mining-hardware-asic-device/

Sia Coin is primarily used to buy and sell data storage space. To be honest, I had no idea SIA was in any way/ shape / form legit enough to warrant ASIC development for their blockchain.

Everything I knew about SIA could be summed up in 2 phrases 1) backed by storage space, and 2) You can dual mine it with Ethereum.

PLEASE edumacate me. I want to know everything now that there's an ASIC coming out. What wallet should I use? All I've found thus far is an official desktop wallet, which isn't that bad, but kind of a pain.

I tend to think the introduction of this new ASIC should bring about a lot of new interest in SIA. Look at what's happened to Litecoin and Dash since the advent of Scrypt and X11 ASICs that mine them. "Correlation" does not indicate "causation", since ASIC companies choose which coins they think are worth pursuing and blahblahblah

LONG STORY SHORT -

1) I think the price of SIA will go up either BECAUSE of these Asics, or because of the reason Obelisk decided to produce the Asic in the first place, or some combination of the two.

2) I. want. this. Asic. I admit, I know very little about SIA, but since I'm bullish on crypto mining, I'm willing to risk the hardware costs just to have the first ASIC that mines SIA. I have to think I am not alone.

3) Until we get more info later in the week, this announcement creates more questions than it answers... Specs, power consumption, hash rate etc. Most importantly: What's the price? Where do you buy it? Who do you buy it from?

In the words of Futurama, "SHUT UP AND TAKE MY MONEY!"

If anybody here has any real information... or speculation, rumors, questions of your own, hunches and guesswork, PLEASE post below...

Even if you just want to make up disinformation to throw us off the sent, I'm desperate and I need a fix.
Cry

I'd like to know the source of this because right now everything I saw said "details" by Friday -- now it seems the rumor mill is calling this an Asic.

The developers said it was https://www.reddit.com/r/siacoin/comments/6ig4i7/thread_for_questions_about_proof_of_work_asics/