$SIA Strong Bull After Dump. Strong Catalysts Coming Up
So Sia Coin Should have just gone on another bull run right before the market dump. Now that we've corrected it has recovered stronger than a lot of coins. I'm in $SIA from a bad position prior to the dump and waiting on a full retrace. Going to see how this next few hours plays out with Sia.
Catalysts :
January 16 : Bitmain Released new Antminer A3 which is the first commercial miner for coins like Sia. Strong catalyst but could take time to react in price
January 21 Difficulty Adjustment Hard Fork
March 31st Software Upgrade allowing file recovery from seed files
Catalysts :
January 16 : Bitmain Released new Antminer A3 which is the first commercial miner for coins like Sia. Strong catalyst but could take time to react in price
January 21 Difficulty Adjustment Hard Fork
March 31st Software Upgrade allowing file recovery from seed files
评论:
ASIC miners for Sia coin were just released by Bitmain two nights ago. Sia runs on the Blake (2b) mining algorithm. Sia also hired a private company to build their own miners obelisk.tech/ and now there is ASIC competition for mining (Sia miners come out in June) -- a similar phenomenon happened with Dash last year where ASICs for the Dash algorithm hit the market and caused the hashrate to skyrocket. As a result, the network itself could process transactions significantly faster than when only GPUs were fueling the market. Anyways. this is to say that I personally think a similar trend will occur and the value of Sia coin will increase throughout 2018 as a result of a faster network. Now, it took Dash about 6 months after ASICs hit the market for the price to really take off, but just something to consider.