Quote from: OWZ1337 on January 27, 2018, 05:14:05 AM

Quote from: Hakkane on January 27, 2018, 02:17:15 AM

Quote from: CryptoWaffle on January 26, 2018, 02:29:22 PM

Quote from: Zeneize on January 26, 2018, 12:35:22 AM

Are the SIA mining ASICS already coming on the market? This could be the premise to a nice rise in the price of the coin, am I right?

shouldnt more SC on the market create a massive price drop ?

Quote from: waqasniaz007 on January 26, 2018, 05:32:05 PM

We already have seen massive price drop in past. Because of massive increase in supply i am still confused weather i should invest or not, Although Sia is great project with real case use in future but being investor i also have to look return.

Quote from: Photographer on January 27, 2018, 12:19:14 AM

How massive will be exactly the increase in supply? I didn't follow the latest developments, no mention of this increase on OP, but I own some SIA and I'm interested in these marginal details like increment of supply...

The increase in hashrate (about 10x compared to 1 week ago right now) is having zero impact in the supply and will have zero impact even if it increases 1000x. This is a common misunderstanding of people not familiar with Proof of Work. The blockchain has a parameter called "Difficulty" that increases at the same rate as the hashrate in the network. This makes that no matter how many ASICs connect to the network, the block time, and so the block rewards (that create the increase in supply) remains exactly the same. The Supply is predictable and immutable: https://siastats.info/supply_inflation.html

Actually the two last hardforks we had in the last months were aimed to make the difficulty algorithm to update the difficulty every block instead of every 4 days, so with the arrival of ASICs the impact in the block generation was zero.

Quote from: myc066 on January 26, 2018, 05:18:35 AM

1,Bitmain mining sia since April 2017,Many chinese miners know。I think dev term already know in Aril because https://yunbi.com/
2，If Dev term do not hard fork ,Move Bitmain,They maybe accepted bribes,We need new dev term

1 - That is simply false. It is impossible there was any ASIC from Bitmain in April: there was no significative increase in the hashrate
2 - Can you think twice about what you wrote? Are you aware how much money Nebulous (core devs company) is losing due to Bitmain? Obelisk is a subsidiary of Nebulous that manufactures ASICs for Sia. With the release of Antminers, the sales of Obelisks have been affected, as they are going to be delivered by June and by then they will be considerably less profitable. Bitmain released these miners only for damaging en emerging company that otherwise would have competed with them

It is fact,Same thing happened in X11,Asic mining dash over one year before Asic sell! In April ,Someone brought Sia asic from Yunbi CTO