Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
Searing
on 02/10/2018, 04:41:52 UTC


Well, IMHO, IF they really did incorporate an ASIC hardware solution in their Siacoin Obelisk miners and the

Obelisk decred miners, I think they need to have that as an option in firmware for a new algo and coin

to take advantage of this. Ideally, that coin/token would be used to run the siacoin network and/or

allowing only Obelisk hardware to be the backbone from the get-go.

If not that, at least opening up this hardware to other algo options would be something.

Again, if that actually exists, as they state or it was just a 'false flag' attempt to slow Bitmain down

back in the day.

Likely, as much as the devs say the price of siacoin does not matter to their cloud storage project, the

probably are as heavily invested as everyone else. But again, IMHO, if they were ONLY a hardware

manufacturer, they would already have used that asic hardware option in firmware to try and develop

a different algo and encourage developers to use such on their coin

Anyway, decred miners are doomed, you'd think at least they would use such for the decred miner or at

least do what the innsilicon folk have done with their firmware to allow HCASH coin mining.

If nothing else, that seems to be a firmware fix the could do of note to make their obelisk decred

miner MAYBE float a bit longer, rather than sink. (not sure why I'm bothering got my 1 decred coming

for giving away my 5 1/2 off obelisk coupons back in the day...even that likely will not make over electric

use, by the time I get it..just saying) well, it looks dire....just my 2 satoshi's worth ..we will see I guess






https://blog.sia.tech/sia-proof-of-work-reset-24b5ec439625

Happy?

I know I am, if I won't have to read long rants anymore  Grin

Sorry, small issues (kinda yet) Smiley

1) 10-15x of more siacoin that they expected is in the wind, when they thought they'd be the only blake2b

ASIC at this point in time,  much, much, more than they needed for the supposed

Sia-Tech anonymous and decentralized cloud storage network. That is to compete with Amazon Cloud

at 10c to the $1 Amazon Pricing. Still, deafening silence on that, not near complete enough to handle

the obelisk ASIC's IMHO, not to mention all that Siacoin,  in the world, mentioned above, in which price is

based on 'scarcity' and 'real world use' which they are nowhere near yet. These are still daunting tasks.

The other point is on Oct 31st, is it? When they fork you really, really, think that Bitmain and the others are

NOT gonna fork a 'Siacoin Classic'? Of course, they are, or their units are toasters. Not to mention in 3

months, by my guessing, that Bitmain will make a 'forked' coin ASIC, just because. (Bitmain: We are evil, it

is what we do!) (tm Bitmain)

It is a step in the right direction, but they have a lot of work to do yet, to keep Siacoin viable IMHO.

As usual, I really, really, hope I'm dead wrong...but don't count your chickens and all that yet, etc etc.

later

brad