Quote from: BTC-Graphicdesigns on February 16, 2018, 06:19:12 AM

Quote from: STATIK on February 16, 2018, 01:23:52 AM

Quote from: BTC-Graphicdesigns on February 15, 2018, 03:17:06 PM

So I have a nooby question since I am not a miner:

Lets assume I start minning with the Obelisk SC1 Miner today. Will the difficulty be the same. I would make about $15-$20 per day with the Obelisk SC1 at the Moment, right?
So baiscally when the Obelisk SC1 is shipped in June, it will be totally useless - basically a waste of Money, right?

The problem are those who do not release their numbers and leave you guessing, Obelisk has a very open ended approach releasing number of units sold (you can find that here>> http://support.obelisk.tech/help_center
Bitmain on the other hand does not care to inform it's customers of potential difficulty increase and simply runs a profit on every batch to the max which is not the best for mining community, stay informed keep in mind the power consumption for OBELISK is 500W hashing power is about the same as A3 and the first batch of SC1 will be shipped towards end of JUNE
At the moment with current Siacoin price this would translate to around $40 per day minus power consumed, like it or not this still makes it one of the most profitable miners hashing right now.
Bitmain will continually do this with every algo in my opinion until they get forked

what is if Sia soft forks, would the difficulty go down? If yes, this would be the obvious next move from the Sia devs or not?

Yes, difficulty would go down since in theory the A3's which currently account for probably 80%+ of the total hashrate would be rendered useless. The Sia devs considered doing a fork to kill the Bitmain ASIC. They argued that Bitmain's ASIC was going against decentralization of the coin and was bad for the ecosystem. Think what you will about Bitmain (and I agree that it was shady to release the miner in the surprise manner they did) but it's insanely hypocritical to say "their ASIC is bad, but our ASIC is good". So ultimately they decided against the fork.

You can't favor some ASICs over others, in my opinion. You have to either support all ASICs or no ASICs. Look at Monero - they are making their coin ASIC-resistant by building in slight alterations to the hashing algorithm over time that make it impossible to build an ASIC for.

glosed

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