Post
Topic
Board Speculation (Altcoins)
Re: Siacoin $1 this year
by
Branko
on 11/02/2018, 15:54:08 UTC
Sia coin is a good coin and also the project is really good compare to other sharing HDD but for going to $1 i must say it is almost impossible because of the coin in circullation is pretty big maybe in ten year or maybe not touch that price at all. It is arround 20 billion coin in circullation right ?

Could you please elaborate? I saw numerous times that this project is really good and storage prices are very low but why it should be profitable for storage providers? Current prices almost even do not pay for the electricity consumed due to 24/7 operation.


maybe you didn't check lately how much electricity average HDD uses? Cheesy

On topic, I don't think its possible until network is fully operable and get some major company use it for storage (Netflix, for example)