Tell me why SIA is not a shitcoin.
if you think that SIA is a shitcoin, simply find another topic and follow another project
5 years of working on a shitcoin here is too much for you to understand
it is a sh*tcoin in the sense that with the 85% of mining ASIC's from other vendors, that was dumped on the algo switch there is 10x the siacoin in the world that sia-tech expected..even though
they NOW again have a private network for their decentralized and anonymous store of info system using siacoin..they originally dreamed of! Before other ASIC's stole their thunder and pushed
up difficulty and siacoin out in the world way more than their original plans, due to the lateness of their ASIC's hitting the world. (They also owe me $600 supposed compensation for such lateness
they promised...I will likely never
I think they better get a move on making it worth doing storage on such a network..which as of now does not work even on very cheap used hd's etc and certainly
not something a hobbyist can ever make money on now! I'm talking 'break even' is far away even more daunting to put something up as a portal or node or even HD storage for
non-tech usual hobby types...they are generating no hype/or interest in their project just concentrating on coding w/o these details...losing out on a lot of maybe interested folk.
The other problem is ..folks have told me that they are moving into using big centralized data storage companies and systems..which also hardly seems decentralized
so if they want to get this project to work they better show some 'economic' reasons even if it is only break-even to put my $$$ into even a hobby node or portal and or
storage on siacoin vision....or it will just collapse under its own weight
I mean no one ever got in trouble with their bit giant amazon cloud kinda storage solution an IT guy is not gonna risk his job farming out sia-techs network at this time
why take the risk? What is the point...continue to use amazon cloud..never heard of siacoin and the project and if the IT guy has certainly his boss has not heard of such!
So some decentralized storage from the ground on up among hobbyists and regular folk better start first IMHO to get some hype going on this...or they are just spinning air
IMHO...and such.
By the By, the siacoin wallet also sucks..why not have the siastats.info www page ...going out of the wallet to hit that info to just get the siacoin address is just silly
information button or something on the wallet and what is with only able to use control c and control v to cut and paste? Have they never heard of right-click mouse cut/paste?
Also, why do I have to go all the way to the web site www.siastats.info to plug-in transaction id info to see the wallet address the siacoin came from? Why can't that show
also the wallet address along with transition Id?....I mean it is all very low-end amateur compared to even the most basic BTC wallets...
So the stuff like that drives me crazy ..they are not taking care of important minor details and no real push for folk to do storage nor instructions for the layperson...and ramp such up
even it is just to play with ..no FAQ I could see even to just experiment with the wallet options on storage on your puny 3gig HD as well just to learn such.
So if the project is siacoin/mining/storage as a 3 legged stool....storage part of all this is like 3 years behind the others IMHO..
anyway
they need to fix the stuff above and generally step it up
Brad
After all this time, you STILL don't understand how mining works and simple fact that hashing power does not affect
bumber of coins?
/facepalm
So the amount of coins are the same even if the amount of hash power for siacoins was 85% more before the ASIC miners by Bitmain etc were bricked? At this point in time?
enlighten me....and if I am incorrect that means at IF obelisks were out on time and there were NO 3rd party siacoin miners and the network was always private with siacoin
we'd still have 41,817,047,634 SC in circulation? really? If so I stand corrected? IF nothing else difficulty is still high as hell on all this from the miner point of view.
On the other hand, with only like what 5-6PH or thereabouts on machines never made by 3rd parties you have a network making 41,817,047,634 SC that amount of coin in the same amount
of time with the original Asics? That also seems a bit silly for a storage network that still basically can't be built or even used by anyone other than 'centralized' data halls etc at this point in
time.
So you still have all this 41,817,047,634 SC coin and the increase in difficulty to the point where MOST obelisk equipment after the fork can't mine Siacoin profitably (maybe a different issue
with pandemic and all...but out there) and a 'storage solution' that is still 3 years behind the (1) making of ASIC's and Grin Miner mess-up (2) that is a hell of a lot of siacoin for a project
where the 'decentralized storage solution and anonymous were supposed to be the primary function of this project.ut
So if my assumptions this time on your correction are correct on above...well...still the project seems 'stuck in a coder 'rut' of epic proportions.
Also NO real decent wallet (see the previous post) and also where are the PR and the PUSH for this great project. I do a google search for the last 30 days and am not impressed with the
results. More problems going on IMHO with this project and promotion then me being wrong on the above...
I also have made these points on the wallet and lack of storage HARDWARE and promotion of this project before ...so /facepalm on that as well back at ya
Lots of 'supposed' coding....very little progress or promotion on the above issues I bring up...the whole ecosystem of siacoin vs their vision seems to me very 'unbalanced' at best.
later
Brad
brad