@kafi959 It isn't far fetched, new coins launch every day with million dollar crowd sales. Most of which are get rich quick schemes. With the presale of a forced hardware starting this week at a ridiculous price of 2500$ I'd say Siacoin is definitely leaning that way or at least could be perceived as leaning that way. Specially with only a 3 man dev team.
I personally believe that the world needs this project. Even though I completely disagree with the asic miner and its price I think SIACOIN has the potential to go from 400 million value to 400 billion. I may be a sucker but I'll be sticking around til at least the release of the new asic miners. Also HP is building hardware for SIACOIN so there must be something to it.
Its working fine now, I have 50 contracts. I opened my wallet last night to move some sc, and it took a while to confirm a bunch of transactions from when I set the allowance, so I think the problem was between keyboard and chair :)
It is safe to run more than one independent wallet on one external ip. You should just make sure your hosting node does not loose the ip forwarding in your router. I have set manually port forwarding to my hosting node. I even did not turn off UPnP, but as I see errors in the nonhosting nodes logfiles complaining about errors using UPnP, I know, the ports are forwarded to where they should.
The "wallet node" has only one function- syncing the blockchain to see the balance and transfer coins if needed. I don't care if it is reachable or not (it says it is, but i'm sure that is not true).
As a coin transfer between the two (wallet and hosting) nodes is really fast I assume everything is working as intended.
You would need t o post more details on the problem. What OS you using.. what error msg are you getting.. and how many times have u installed?
Where were the coins last time you saw them and did you do anything to send them somewhere (if so from where did you send them)?
Also if your Sia UI installed and was syncing.. it takes 2-3 days for it to sync... that doesnt mean its broken.. just means your computer is slow in gathering the blockchain and funds will not hit it until that occurs.
It's safe, except when the exchange goes bankrupt, gets hacked, or an exchange employee steals the coins, or they lose the coins for whatever reason. All of the above have happened at various exchanges at various times.
OTOH how good are you at keeping your computer secure, and storing the passphrase securely for a long time?..
Thanks for the detailed and fast responses Maol and Larsfloe: All the systems seem to be very clever thinking on the blockchain...bit over my head, or at least, I try not to go too deep down the rabbit holes (although do like to know what I am investing in!).
OK I will take a look at the handbook.
30x duplicate sounds like a lot...although secure, is that very efficient for resources?
@damoon hay mate, im new to the mining gig too.
We're a bit late to the game but beter late then never, i think Sia's a good a coin to mine, just my opinion.
I have 2 1080ti's getting 3200 Mh/s on one and around 2800 Mh/s on the other becuse the PSU is smaller i had to reduce power and under clock to get stable.
Runing 1 card each on 2 PC's.
You could start mining now on the PC you have, just download the marlin miner, replace the exsiting address with your own and booooom off to the moon.
Im hoping that Sia releases more info on the new ASICS chips preorders start in 5 days.
We really need more info.