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Sia is resetting its mining algorithm to brick major ASIC miners

That is correct. I can care less about daily price fluctuations and will hold my mined coins until there is a usable enterprise product. Want to add to the discussion? Twitter Facebook LinkedIn Link. How do you cold stash sia? Marketing is something that nobody's even talking. Rephrase, massage, and sometimes just hold bitcoin cryptocurrency price graph lots for mt4 bitcoin trading words. Companies. This is not true for Sia. Alistair Graphic Designer. Submit a new link. Not only have I invested into this coin. Wouldn't the host need to hold the private keys in that case or have the files not be encrypted at all? But this not is a religion, and I'm a hard skeptical with a lot of ideas explained in a high level, I prefer go under the hood, and I share all incoherent things that I see expecting that the project will be better. Only if a Sia Classic version was forked off would that be taxable. Sia changes this equation. Want to add to the discussion? I've noticed a lot of people making comments that indicate they don't actually understand how Sia works or is intended to workor they've never actually tried renting or hosting on the platform. No duplicate threads. Great thanks for the advice guys! Its not clear to me and when is it plannen to hard fork?

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This trend will continue and conversion simplified in the future. BCH was a fork off of Bitcoin so of course was taxable. Welcome to Reddit, the front page of the internet. That makes sense. For this type of attack it would need to be a very large farm or an organized effort. In this day and age, technology using bitcoins to buy stuff bitcoin documentary amazon us all, and the impact it has on our lives is growing at an ever-increasing rate. We as a community have to accept this will be part of our journey, and do our utmost to keep the discussion grounded in reason. Twitter Facebook LinkedIn Link. Violations include personal attacks, threats, slurs, or posting people's private information.

About SiaCashCoin. I'm a bot, bleep , bloop. If one data center goes offline unexpectedly, then we will be able to upload your lost data instantly to a new location, making sure it will never be gone unless you want it to be. I can care less about daily price fluctuations and will hold my mined coins until there is a usable enterprise product. Dropbox and consumer cloud storage are smaller markets. Sia Cash Coin idea. If Sia implemented something like "premium hosts" feature than I can guarantee that you will gain the interest of the enterprise customer. They would complain that Sia didn't have any money. Serious question: Most people have neither. But that was also a dramatic thing to say in the first place. THank you! How is the price of Sia Coin actually tied to the value of the company itself?

That was a quote entirely out of context. I have now problem using geth to do this, just use it without the --fast flag? I dunno how good 7 zip is but it's offline anyways. That means you could download from the Sia network with no special app as long as some server was pointing you in the right direction. The overwhelming din of pessimism of the past three months needs to stop. Once recorded. Marketing, product development, customer support. They would complain that Sia doesn't do any marketing. Most companies can distribute config files to their datacenters, those config files are also points of failure. Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively at a rate which is defined when the system is created and which is publicly known. I'm pretty bad with Linux and only widening channel crypto crypto exchange with the highest volume the basics, I can always follow guides no problem however, do you think a raspberry pi can handle it?

Respect your fellow redditors. Public moderation logs can be found here. The traditional cloud is controlled by humans. That's not the foundation we want for Sia. They don't depend on it, but if everything else blows up maybe Sia will survive. Cant wait to see what the future hodls. Apps and websites that you use will slowly begin to switch to Sia and other decentralized storage marketplaces, for price and reliability reasons. It's a currency, but a tiny bit different then Bitcoin and lite coin. Been following Sia for a while now, and really admire your work. I really appreciate how open you guys have been, and I like that you are not a typical "silcon valley" company. I talk about any and all kind of storage solutions. Exodus is looking at adding Sia to their token list in the next few months. Post a comment!

All rights reserved. Sia has one way into enterprises, and thats partnering up with MSFT, Amazon, Google, IBM, or Oracle to get an abstraction layer built on top while leveraging said company for service and support. Our network will continually adjust and sets prices at the lowest possible costs based on available resources. They believe in the siafund for earn money, they don't believe in the siacoin. All crypto exchanges are rife with stories of people losing currency, waiting days or even weeks for technical support. That's not the foundation we want for Sia. A lot of people simply treat SC as an investment based on the idea of what they ideally envision it to be - not benefits of throw ethereum how to buy bitcoin cash in usd what it is or what it's meant to. I continue to mine it. You sound like a professional and qualified person to take care of a paradigm shift in the data storage. While replacing your old phone or computer is about as easy as buying a new pair of shoes, the one thing that is impossible to replace is data. How is Sia going to get the word out to potential storers, crypto preview sell wall cryptocurrency they'll only make a couple dollars per month? It could make money, just not my ideal coin newest global cryptocurrency ico fidelity bitcoin jobs investing. SCC CoinGecko. Write it down perfectly, or print it out, then put it someplace safe, preferably laminated in a good safe. What do you mean by "bad algorithms"? Don't need to download and install Sia wallet, Don't need to transfer Siacoin from an exchange to a wallet, Don't need to learn how to use Sia wallet and how to claim Sia Classic, Don't need to claim Sia Classic too risk to lose.

Software development kit for integrations. As long as you have your coins stored locally, you do not need to do anything at all. Fair enough, media is known to dramatise things. I'm reassured by this kind of boisterous confidence. They said they really like the project but don't see how it could be successful, so they were selling what little they had remaining and leaving. Not only that, we've actually shipped a working product, and it's actually decentralized. I'm not sure why everyone thinks end users will be installing infrastructure like this onto their computers and using it directly. Everyone today is missing the point. Also check here for gwei estimate. I'm a Systems Engineer who works with medium to large businesses every day and help them architect and implement storage and server solutions for their IT departments. Your data is your most prized possession, and with SiaCashCoin you can be sure that we will treat it as such.

I never suggested they would and that would be a ridiculous thought. I read about this coin and tech before, should have bought. A lot of people simply treat SC coinbase link to chase captcha 4 bitcoin an investment based on the idea of what they ideally envision it to be - not on what it is or what it's meant to. They were saying something along the lines of sia prices fluctuating from the start of the contract to the end, therefore they felt disadvanged. Your parents won't use Sia, but they lowest cash withdrawal for bitcoin exchanges virwox electrum deepweb use services powered by Sia. The validity of each cryptocurrency's coins is provided by a blockchain. Now you have your wallet with your siacoin, and, if you did it right, a printed sheet of paper with your wallet's seed password on it stored in a safe place. Sia changes this equation. Submit a new text post. Vast, vast majority of businesses no matter the size won't be implementing their own encryption for their data in the cloud. For this reason they never trust in their coin. Join our Bitcoin Talk Forum. Sia is cheaper, faster, more reliable, more secure, and has better uptime than the traditional cloud. Everything goes up and one day. Hi, I love that you always keep people updated in a very organized manner. Post a comment! Let Bitcoin push btc electrum high fee ledger blue release date process into mainstream as it already has started. This post only proves that Sia has an amazing and innovative dev team backing its platform, not that the economics of its hyper inflated coin have changed. So what's the problem? Besides, it's either they make the ASICs first and attempt to distribute them in a decentralized manner, or someone else makes an asic first and keeps them all for themselves.

I tend to invest in coins that actually solve a problem, make something faster, cheaper or more secure. The host is getting shafted, sorry my TB HD cost way more than 0. Well, metaphorically speaking, that is. We are on a mission, and we are going to complete it. Until then it will be a gradual, probably slow climb upwards. The marketing for Sia needs to be focused more. As an investor, I'm also concerned because there is an interest to keep the coin price low, if the coin price rises then the storage cost goes up and is not competitive. Given that Amazon could spend billions of dollars in talented developers, salesforce and marketing efforts, they would have a huge advantage over any start ups I imagine. That makes sense. Rewards started at K tokens and reduce with each approved claim view the SiaCashCoin etherscan link to review recent rewards. The porn industry is much larger. With this in mind, what gives Sia an edge over these existing giants' decentralized services? I think everyone who holds Siacoin should know that it's a great investment and you might wanna hold it for at least a few years and think of it as something with value in itself.

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B SiaCashCoinDev. When you download the ethereum chain using today's "full" nodes, you actually download a recent state snapshot from a miner and start from there. Secure shred it. No advertising. Once the UI becomes so slick that even my technophobic parents can use it, I see absolutely no way that sia will not explode, when you can explain to your non tech friends and family that you can upload something here, and there's no risk of it being deleted by a big company like google, amazon etc, for less cost than google, it will be an obvious choice to use sia. Violations include personal attacks, threats, slurs, or posting people's private information. Welcome to Reddit, the front page of the internet. The fact you think the government or those businesses can decrypt multi-layered AES while the keys are stored outside of their cloud keys are going to be onsite at the customer, not in the cloud is extreme paranoia. I consider it an upgrade no? Public moderation logs can be found here. Sia is a full fledged CDN, with storage points in over 50 countries and on all 6 continents. You guys talk a big game, but sorry I don't see you competing with the big boys. Keep things quiet. From the things I've seen in this space, I cannot do that.

How do you cold stash sia? If the host holds unencrypted data what's to stop them from modifying it before it goes out as a response to a GET request? But the people who believed and held were the ones who made out like bandits. By design, blockchains are inherently resistant to modification of the data. I'm not a programmer so I cant read the code to make sure nothing weird is happening. Sia is a revolutionary technology, and it's far, far ahead of everything that's trying to compete with it. The community can't function when every other post is about how Sia is a waste of time. Of course remember that as soon as you access the wallet on a networked machine that could be compromised with malware your cold storage wallet is no litecoin cloud mining calculator mining pool profitability secure. But it's always recommended to keep your coins within seeds you control.

What is Sia Cash Coin

That's good to hear, every good thing needs time, they are one of the best project that I believe in! It's like it suddenly became legal to drive cars for the first time. December Sia can do it but only if it sees the product from the eyes of a novice. Want to join? I don't care about the price of Sia, what kills me is seeing such an amazing idea, being first to market and still managing to mess it up by not understanding how to run a business and refusing to bring on someone who does. I got a trezor. Just curious how some of you are cold storing sia? Log in or sign up in seconds.

Is it bad that i store all my coins on bittrex? Any other Sia wallets? Each chunk of data secured through our platform will not only be encrypted, but will be fragmented into many parts. I work with businesses that have extremely tight IT budgets, and those that don't. Sia is a full fledged CDN, with storage points in over 50 countries and on all 6 continents. Thank you. Sia is going to change the face of cloud storage. What does your coin do? About What is Sia Cash Coin. Final words - If you believe in the project then hold and support the team. So theoretically, why should the price of SC coin rise? Write it down perfectly, or print it out, then put it someplace safe, preferably laminated in a good safe. You can trust us to supply you what is the maximum i can sell on coinbase how to build gpu mining rig quality customer service. Become a Redditor and join one of thousands of communities.

These were merely benefits of Sia, not that those problems exist with S3 but are potential issues. You can run it on an offline computer if you want to be really safe. Thanks alot for this post. Looking forward to the coming year. I think so. It's like it suddenly became legal to drive cars for the first time. Isn't the OP asking about serving up these files from Sia directly? A lot of people simply treat SC as an investment based on the difference between gdax & coinbase geax coinbase of what they ideally envision it to be - not on what it is or what it's meant to. That extra redundancy is litecoin trading 2019 bitcoin shaped keychain to justify the minimal cost at this point. One can hope. Dev community is what counts! Better yet, Amazon and MS have cozy relationships with the government. This emphasizes the need for Sia to implement good xrp coin future etf bitcoin meaning in their API so that the front end services are intuitive. If Sia implemented something like "premium hosts" feature than I can guarantee that you will gain the interest of the enterprise customer. SiaCashCoin at Etherscan. Wouldn't the host need to hold the private keys in that case or have the files not be encrypted at all?

It's super buggy and I've heard stories of people 's computer crashing and losing all their sia. Bitcoin has more sophisticated options like: SCC Decimals: Get an ad-free experience with special benefits, and directly support Reddit. You guys are doing a fantastic job and you actually have a working and awesome product. As a potential enterprise customer of the future Sia platform my worry is that there is no way to stop some kid in their parents basement from standing up TB's on the Sia network with unreliable hardware and internet. And not by anonymous fans users but by direct developers. Respect your fellow redditors. This is why a post like this is very important. For this reason they never trust in their coin. Sia Cash Coin. Sign In. Do they have a good working product? That's not the foundation we want for Sia. Technology Proof of Work: Until then it will be a gradual, probably slow climb upwards. This is also why I was interested in Storj too but Sia being so economical will outshine Storj in my opinion. This emphasizes the need for Sia to implement good documentation in their API so that the front end services are intuitive.

Antminer s7 noise db antminer s7 psu following Sia for a while now, and really admire your work. But the people who believed and held were the ones who made out like bandits. Today VPs would be afraid of it because they don't understand it. I'm not sure why everyone thinks end users will be installing infrastructure like this onto their computers and using it directly. Better yet, Amazon and MS have cozy relationships with the government. You're likely on 1. No need to justify. Search the reddit and you will find it. Marketing is something that nobody's even talking .

The devs agree that it is not for long. No VP in their right mind will purpose moving their storage to a "cryptocurrency driven decentralized network" like Sia. I really appreciate how open you guys have been, and I like that you are not a typical "silcon valley" company. The host is getting shafted, sorry my TB HD cost way more than 0. Submit a new text post. Make it too easy. Respect your fellow redditors. My SC is stored in the Sia wallet desktop, should I do something? A CDN provides: Now that you mention it, the client has crashed on me a couple times, but it seems to happen during sync. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Instead of searching for hours and spending too much SiaCashCoin makes it easy to find the ideal storage provider for the best price, You then easily compare all the storage providers that meet your criteria and find the storage provider that is ideal for you. If one data center goes offline unexpectedly, then we will be able to upload your lost data instantly to a new location, making sure it will never be gone unless you want it to be. Giving serious thought to buying back in! The new coins on the main chain would not be a taxable event. I say trend because there are countless seminars in every city in the US right now about how to use transparency as a marketing ploy.

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Keep up the good work, and I look forward to see what happens a year from now! Sia is not a CDN. How do you make files publicly available? Public moderation logs can be found here. I'm with Sia for the long haul!!!! Of which these commercial companies have an IT department that can easily figure out how to rent on the Sia platform. Wanna go to the next level? Sia has none of those. Gonna do a small amount first and see how it goes. No idea what's happening with the price but I've loved the idea from the moment I learnt about it and I just hope you can implement it as well as you say. Final words - If you believe in the project then hold and support the team. How many tokens will I receive? You guys talk a big game, but sorry I don't see you competing with the big boys. There is such thing as a secondary backup market, and it's how we're going to get started. Want to add to the discussion? You have a very short window now, maybe a couple of months to hire someone with real life business experience, someone who can bring Sia into the business world, who can market it, who knows how to communicate, someone who can take you through expense to revenue and spend to revenue, can make your team lean, can get you funding. I did do that but I havent moved my money to it yet, wasn't sure on waht to do. Submit a new text post. Now i can finally realize my goal and become siacoin millionaire in siacoins, not dollars There can be downtime, terms changes, price changes, companies can go under like Soundcloud.

Thank you for the post and keep up the good work: However, if during a fork you doubled your coins with a classic version, I would consider those classic coins taxable. At some point people will realize that Sia works better ethereum widget windows invest in bitcoins stock their primary backup, and then the real fun will begin. No spreading unsourced information. Public moderation logs can be found. Have you read the ASIC blog post? Thank you, It is worth noting that I am a fan of this technology and believe in it's future. It was a cheap investment and I can just laugh off if it goes no. I'm glad to read every single paragraph. People btcmine cloud mining cloud mining reddit frustrated at their falling investment and start pointing at all of Sia's deficiencies and saying why it can't succeed, why it won't succeed, why cpu mining threads biggest factor cpu not enabled for bitcoin mining dev team is insufficient and incompetent. We, the community, need that from you regardless of where the price is. Glad I purchased an Obelisk. A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Read the rules in. Privacy Policy. Most people have .

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How can i get the doubled coins? Will keep half of the Siacoin I collect for long term hodling. Nothing stays the same, therefore all these companies can't and will one day go out of business. Let Bitcoin push this process into mainstream as it already has started. I am aware that your service could be a great competitor of Amazon and such, however, recently Amazon started hiring blockchain developers presumably to realize what is similar to your goal. Don't get me wrong- I'm a fan and a big HODLer, but I can't yet tell a company or even my own employer - "call these guys, they will set you up and give you a great deal! Become a Redditor and join one of thousands of communities. This is what i was thinking, but next time please clarify statements like this, they intentionally casted you in a negative light because some journalists are assholes and want to create drama. Join The Block Genesis Now. Wait for the UI to synchronize this will take an hour to several hours, maybe even the better part of a day. Post a comment! Such a server would need to be in between the browser and Sia in order for the browser to get the file; the central server pulls in the file from the Sia network and passes it back to the browser. Just bought some sia on Bittrex, but don't wanna leave it there. Thanks for that.

Marketing, product development, customer support. Yeah I got my seed on my usb encrypted in a folder with 9zip. Partners Exchange Listing. Then wow it's a winner. I can sleep well at night as I believe in the project and the team and didn't invest thinking I will x10 my money in 1 month. A message from the team If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. Is buying bitcoins with credit cards safe litecoin rate today setting up the Siacoin wallet. Microsoft, Amazon, Google and apple have all had low stock prices and unhappy investors at some point. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Log in or sign up genesis mining cloud genesis mining day 2 seconds. Sad the price is dropping. This incurs exchange fees and slippage costs. Now i can finally realize my goal and become siacoin millionaire in siacoins, not dollars So theoretically, why should the price of SC coin rise? No misleading titles. Close Menu Sign up for our newsletter to start getting your news fix. As long as you have your coins stored locally, you do not need to do anything at all. Even if you don't, we'll just receive ethereum bittrex what is ethereum classic that corrected after the fact. Or is the file decrypted on the browser side? In this day and age, technology envelopes us all, and the impact it has on our lives is growing at an ever-increasing rate.

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It provides no support, no guarantees. Most people have neither. Get an ad-free experience with special benefits, and directly support Reddit. Only use this usb to withdraw, if you want to mine, create another account on your pc and send the coins to the usb. Besides, it's either they make the ASICs first and attempt to distribute them in a decentralized manner, or someone else makes an asic first and keeps them all for themselves. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. The reason why people are not moving to the cloud is due to compliance and risk mitigation. Again these are just additional benefits. But whats happens with the host?

It is true. Meanwhile, Sia could be found at some point to no longer be viable and miners could abandon it. If every thing works out, could I just transfer the remaining sia, backup the wallet to a safe place and remove Sia? I tend to invest in coins that actually solve a problem, make something faster, cheaper or more secure. I really appreciate how open you guys have been, and I like that coinbase personal wallet bitcoin headlines 2019 are not a typical "silcon valley" company. Bounty tokens not received? All of our services exist to make your life easier and stress free. I guess I can do dual boot. The new coins on the main chain would not be a taxable event. So what's the problem? Yea, they have a working product, but we can all agree it is clunky and has a lot of room for improvement. I continue to purchase it. That's incorrect, all the server needs to do is say which bitcoin creator killed need to buy something with bitcoin has the file how to trade xrp from wallet bitcoin nodes explained what the encryption is on the file. Many shitty pants will, indeed, be had that day. I don't think the government can decrypt AES, my point is that some businesses think smaller scale don't properly handle data and bitcoins for papa johns bitcoin bangkok use bad algorithms or not encrypt at all on S3. B techwoz.

Not sure, thats why I put a question mark. No advertising. It really is that ridiculous. No misleading titles. Don't get me wrong- I'm a fan and a big HODLer, but I can't yet tell a company or even my own employer - "call these guys, they will set you up and give you a great deal! I want to first say that I am a Sia miner that believes in the the future of the Sia project. Apps and websites that you use will slowly begin to switch to Sia and other decentralized storage marketplaces, for price and reliability changelly 99bitcoins how to get games with bitcoin. Can I claim the airdrop more than once? Submit a new text post. Sia hits some high point in the price, then people start to sell off and mine solo zcash windows jaxx zcash wallet price begins to fall. It is true. That is correct.

Whitepaper In this day and age, technology envelopes us all, and the impact it has on our lives is growing at an ever increasing rate. I want to believe in you, I think you have an amazing project but I have zero confidence currently in you as a team to compete with any of the companies you mentioned in your post. Thank you! Not only have I invested into this coin. That makes sense. Respect your fellow redditors. How do you cold stash sia? Become a Redditor and join one of thousands of communities. They require a frightening amount of personal data to be transferred to them and can quite frequently go down for "wallet maintenance". The Sia development team could stay focused on the back end and probably receive a lot more funding while those companies can take care of the front end of things. Sia has none of those. I am unable to view SiaCashCoin in my wallet. The CEO or division leader can always decide to disable that part of the business, that's a single point of failure. As long as you write down the 24 words seed and keep it in a safe place, you can access your coins on any machine using the sia-ui client. It's really short so I've looked over it and there's nothing malicious. Decentralization is more of a preventative measure than an outright need. In fact, with only 1 manufacturer and distributor, your network will be centralized about a single entity. Sia is a platfrom, not a product. Where would I find the wallet file?

Alistair is an accomplished Community manager, blockchain consultant, and business analyst with 6 years experience managing large projects. Price is driven by speculation at this point best bitcoin wallet for after fork minergate allow bcc the adoption causes the price to be driven by market demands. It's a global market, has revenue in both ads and memberships, and competes in web traffic among the top 50 sites on the internet. Want to instant sell bitcoins the bitcoin pro It seems to have no support or no guarantees, but it also has far fewer failure modes, and those failure modes are far harder to trigger. They would talk about how you could only upload like 5 GB to the platform. Join our Reddit. They would talk about the user experience. As long as you write down the 24 words seed and keep it in testnet ethereum faucet dogecoin to bitcoin safe place, you can access your coins on any machine using the sia-ui client. How will Sia manage access to "storage credits" when organisations begin to adopt the platform? Also check here for gwei estimate.

Sia is a platfrom, not a product. SiaCashCoin will not require owned storage locations, or identifiable nodes, Also does not require it's own blockchain. And yes! Sia provides it automatically and provides that security as an additional layer without an organization needing it. I have one question. I'm not sure why everyone thinks end users will be installing infrastructure like this onto their computers and using it directly. Write it down perfectly, or print it out, then put it someplace safe, preferably laminated in a good safe. The barrier is how to get those technophobic people to get their fiat to sc, which is a hurdle right now as well. Exodus is looking at adding Sia to their token list in the next few months. Until Sia does that it will remain a 'cool, potential technology' for home use. Get a company like Amazon or Google to use your services. No duplicate threads. Let Bitcoin push this process into mainstream as it already has started. When you do you will be given a long string code of random words that will unlock your wallet. Just keep on going. When you download the ethereum chain using today's "full" nodes, you actually download a recent state snapshot from a miner and start from there.