Siacoin SC Mining No Longer Profitable

by
Siacoin SC Mining No Longer Profitable 6,5/10 3682reviews

Is mining Siacoin worth it? Siacoin (SC) is unoptimized yet. It would be extremely profitable as people would be looking for more protected methods to store.

Siacoin is undervalued a lot. Siacoin performance is just starting to raise from ground. Siacoin is a potential competitor to DropBox, being safer, cheaper and more future proof.

DropBox, nowadays, is worth 3.5 Billion dollars. The siacoin project was launched 2 years ago. There is no way a decentralized peer-to-peer network for computer storage reached peak after just 2 years. Siacoin (SC) is unoptimized yet, and has more space to improvement. If you ask me if Siacoin is worth mining right now, i’d say no. You can get $1.5 daily revenue from a GTX 970 (A GTX970 can mine around 2000 Siacoins per week), not taking in consideration daily electricity expenses and GPU’s lifetime.

But if you decide to mine Siacoin as an investment, long term, it would be extremely profitable as people would be looking for more protected methods to store files, archives, data.

Siacoin SC Mining No Longer Profitable

Welcome to SiaMining! We're the first public mining pool for. • Pure Pay-Per-Share – Least possible variance and no penalty for orphaned blocks. • Native Stratum Support – We're the first Sia pool to support a! • Variable Difficulty – Improves network efficiency and provides more accurate miner statistics. • Long Polling Support – Minimize your stale shares, no matter what protocol you use! • No Account Setup – Simply use your wallet address as the username for easy payouts.

• Worker Support – Accurate and detailed statistics of each worker. • Quick Payouts – Daily payments with a low threshold of 500 SC, or up to every 6 hours when over 1000 SC. No waiting on block confirmations! • No Hidden Fees – All payouts are free of charge. Start Mining Now! Read our getting started guide.

Once you've started mining, you can check your stats by entering your Siacoin address below. Go How PPS Rewards Work Every valid share you submit to the pool is instantly credited to your account, at the current Pay-Per-Share rate. Unlike PPLNS, the pool always pays for your work, even if the pool has not solved enough blocks to cover your earnings or the pool is waiting on blocks to mature. Even in the case of orphaned blocks, a PPS pool pays for shares submitted mining the orphaned block. The PPS fee covers this, so that the pool can take on the risk of bad luck. Therefore you don't have to deal with variance and orphaned blocks! Japanese Viacoin VIA Mining.