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The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: Siacoin

What’s the Deal with Siacoin’s ASIC Soft-fork?

Category: Altcoins, Business, Mining, News

What’s the Deal with Siacoin’s ASIC Soft-fork?

In the middle of the night (US time) on January 16, 2018 a popular manufacturer of ASIC mining hardware, Bitmain, announced its new line of “Blake2b miners.” To most, this means very little, but to the a large proportion of the Siacoin community this represents a moral quandary that is tearing those invested in the business apart. This “Blake2b miner”…

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What is Siacoin and is it a Good Investment?

Category: Cryptocyclopedia

What is Siacoin and is it a Good Investment?

Sia is a platform for decentralized cloud storage. By allowing the formation of storage contracts with peers, Sia permits its users to store data across a wide network of participants in a secure, private, reliable and fault-tolerant manner. Contracts define the conditions under which a storage provider keeps user data, and require the provider to periodically submit proof of storage…

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