Siacoin has decided to hard fork to block Bitmains ASIC miners. Now only devices built by the Siacoin team will be able to mine the cryptocurrency. This announcement was made on October 1, by David Vorick, the Siacoin cofounder, where he stated that Sia is forking to reprimand the current ASIC monopoly for the damage it has done to the Sia community, to make whole the supporters of Sias community ASIC project, so that it would send a message to all future Sia ASIC manufacturers.
This news has seen Siacoin record significant gains after experiencing over 85 percent decline in value from its peak price of $0.09.
Siacoin has great plans ahead for 2019, where it would approach Siacoin's network speed to Amazon S3 wherein the file transfer would become easy and 300% faster and the team is anyway working on increasing the speed of service and switching it to warm storage. Any kind of connection with big names like Amazon, Dropbox and Netflix would enable Siacoin to grow at a faster pace than its peers