RE: Siacoin: the Future of Data Storage?

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Siacoin: the Future of Data Storage?

in cryptocurrency •  8 years ago 

When the Obelisk got announced I thought for sure you would be able to put a few HDDs in it and mine as well as rent out space.

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8 years ago by

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      ·  8 years ago (edited)

    I didn't see that, do you have a link to that? That would be really interesting if it did though.

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        ·  7 years ago 

      There's no link it would just my personal speculation. I was disappointed with the hardware when I found out it was just a miner.

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          ·  7 years ago 

        Yeah, but the point of it is to prevent a 51% attack where a mining point takes control of the Hash rate. You can read more about it below, this is directly from the CEO on Sia's reddit:

        https://www.reddit.com/r/siacoin/comments/6jujyt/addressing_the_many_concerns_related_to_obelisk/

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