I installed the Sia Decentralized Cloud storage program, and started providing 1 terabite of. This post will be updated as I learn how to earn income by renting hard drive space as part of the cloud storage service by Sia. After several days with nothing happening – it was clearly time to start reading the. I came to understand that I need to have some SC coin transferred to my wallet within the Cloud Storage UI Client – so I transferred over 10,000 SC, which, at this time, cost 0.00000028 btc each, and btc stands at about $430.

In other words, I sent over $1.20 worth of SC. How Much Does Cloud Storage Cost? Presently, (March 2016) the on ZDNet shows • Sia decentralized cloud storage rates are going for 148.65 S/GB/Month, or $0.018 cents per GB per month, and • Google Cloud Storage runs about $0.026/GB/Month – • Dropbox charges a healthy $0.0825/GB/Month! Important links – – I also trade – and have an interest in earning SC as well as speculating. Ask your questions below this post – it will be updated as I start earning. Rent Out Hard Drive Space Imagine earning rental income just like an apartment building owner – but on a micro-scale!. Earn CryptoCurrencies like Burst, Storjx, Siacoin and soon Maidsafe by providing hard drive space.

This experiment is one of many different ways of earning digital currencies – from sharing the best bitcoin faucets, comparing bitcoin cloud mining and ethereum cloud mining services, accepting bitcoin for membership payments, to trading world markets using bitcoin, and providing low-risk bitcoin loans for daily interest we are now adding experiments with providing storage space to the Siacoin, StorjX and Maidsafe networks. Best DigiByte DGB Mining Machine. The Sia User Interface More about the beginning of Sia Related Tutorial – In this preview we show you the Decentralized Application capabilities of, along with its. As a decentralized storage solution we use the SIA network.

Hi, I don’t post on reddit, too social for me. But I have been reading this subreddit for a long time and right now I guess I just want to vent a little. I would like to ask the devs and community members to stop saying sc-1 buyers are going to make roi. This is a fallacy.

We can't now. A return on investment for batch 1 buyers would be getting back the amount of Siacoin they had. I don't care about the usd value of a siacoin.

Most of the people who were here a year ago didn't. The usd return at the time we ordered these was small. Siacoin was trading at around 1 cent maybe less.

The majority of sc-1 buyers were looking at an alternative to just holding a few hundred thousand coins. For something that would actually benefited the project as well. Many people stepped up and sold their coin or bought miners instead of coins. Unfortunately, the initial presale failed and they expanded the 6 week mining exclusivity to include more orders. A few people complained but ultimately it was accepted as necessary.

They offered refunds to those opposed and a free t-shirt (which i never did receive btw) as a gesture to those who stuck around. At this point It was made clear that the units would make about 200,000 sc during the exclusive period. This wasn't even enough to cover the price of the miner, but we were still very happy with it.

I didn't want a T-shirt and I don't want a refund, we knew the risks. But stop acting like we are seeing a return on our investments here. Sc-1 will never roi, not for the batch 1 buyers.

I would have been happy operating the obelisk at a loss to add to the network if i was sitting on the proceeds of the exclusive period. It's much harder to justify doing so when I have no skin in the game. At this point I don't think I'm going to plug it in to try and grind out 20,000 siacoins. Maybe my view will be different by the time obelisk arrives. But the way this community has shifted I feel that is unlikely. In case I didn't mention it above somewhere. I have stopped gpu mining sia (obviously) and I ordered one sc-1 week 1 (which might never mine anything) • • • • •.

Siacoin Pool; News; Statistics. Seems like Siacoin GPU mining is meaningless these days. - If you are mining ZClassic. Aug 9, 2017 - These are the coins that I have right now. Going to add more Bitquence, NEO, OmiseGo and TenX from dips. I'm waiting good moment to get rid of Steem because I lost my faith in this one. Later I'm going to get some Bitcoin and Ethereum to long hodl besides these altcoins. I'm glad that I got Bitquence from.

Decred DCR Mining Daily Profit. I always thought it was very weird they announced it. I was thinking 'God damn man, your literally telling Bitmain to fuck with you'.

Then i convinced myself that David vorick is a flippin genius who really knows what hes doing and it'll all work out. I actually also convinced myself that the June date was to fuck with Bitmain and that they were gonna send them out like February latest. I actually really really thought that.

I cant believe these things are taking nearly a year to produce. • • • • • • •. It's honestly a huge failure. And now 2,000 people are out of $1600 and will never see a single profit when/if they receive their SC1 miner. I don't know what they were thinking when they were announcing it.

It's not a product that's ready. Why the hell would you expose it to the world?

Build the damn thing and then sell it to people. Even if they send it out in February, it's still kinda too late.

Bitmain would've never known about Obelisk or SIA if they didn't announce it. It's freakin common sense.

Look at it this way. Let's say Apple announced and showed a prototype of the first iPhone 1 year before launch. You think Samsung or one of the other phone manufacturers wasn't gonna copy them and release a phone much earlier? You're messing around with Bitmain here. They have a boat full of money and can design and manufacture a new miner in a month. And they've already sold at least 20K A3 miners already and the next batch will be available soon.

Don't go out there and tell all your secrets to the world before you have a working product. If you ordered one, then I hope you will get your money back or something. There's another Chinese company that's working on a SIA miner. I think that one is 2.5 TH/s or something like that.

When that one comes out, the SC1 and the A3 will literally end up in the trash. You're probably better off buying the coins with that $1600 and then hold it long term. The price could go up but time will tell. • • • • • • •.