Cryptoasset rankings
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0.71 cents
(+3.38%)

Price (USD)

110 sats
(+2.80%)

Price (BTC)

$6.01M

Trade Volume (24hrs)

$644.18M

Y2050 Implied Marketcap

41.23%

Y2050 Supply % Issued

Snapshot

Age

3yrs 4mos

Marketcap (current)

$265.58M

Marketcap (Y2050)

$644.18M

Price (USD)

0.71 cents

Price (BTC)

110 sats

24hr Change (%)

+3.38%

24hr Trade Volume

$6.01M

All Time High

11.17 cents

All Time High Date

2018-1-6

% down from ATH

93.66%

Vladimir Club Cost

$64,418

Primary Github Repo

What is Siacoin?

Siacoin is a network and token for decentralized encrypted data storage.

Recent Siacoin Stories by Messari

❌ Sia cryptocurrency to block Bitmain and other big miners

The Sia ($SC) blockchain will soon block certain types of specialized mining hardware from the platform, allowing hardware manufactured by Nebulous ($NAS) subsidiary Obelisk to remain one of the only ways to collect the blockchain's lucrative cryptocurrency rewards. However, Sia will not keep ASICs off the network entirely; this hard fork is directed towards big miners like Innosilicon and Bitmain that have increasingly consolidated power.

🍴 Coders renew efforts to fork mining giant Bitmain off Siacoin blockchain

Obelisk, a startup that aims to offer alternative mining equipment for the Siacoin ($SC) protocol, has proposed code would give those running the software the option to exclude Bitmain's ASICs by changing the rules so the machines are no longer compatible. This will give the Sia community the ability to fork and could invalidate all non-Obelisk Siacoin ASIC miners on the forked chain. The news is notable as it showcases how cryptocurrency communities are responding to the expanding business interests of Bitmain, the China-based mining giant that is seeking to raise an initial public offering (IPO). Should Siacoin be successful it wouldn't be alone in its efforts to curtail Bitmain's expansion. One of the world's largest cryptocurrencies, the privacy-oriented Monero ($XMR), implemented code to remove Bitmain ASICs earlier this year.

Stay current on crypto at Messari.io

Siacoin & Related News

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Siacoin Historical Price Lookup

Check the price of Siacoin on:

Siacoin ROI

1 week

12%

1 month

22%

3 months

-33%

1 year

93%

3 years

18,352%

Siacoin Price Chart  (view larger)

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Siacoin Supply Snapshot

Current supply

37,508,229,564

Y2050 supply (est.)

90,979,635,000

% Y2050 Issued

41.23%

Type

Decaying inflation

Longterm inflation amount

30000 SC per block

Max

none

Ongoing emission type

Proof-of-Work

Supply Details

Sia's longterm supply growth is defined by: "The number of siacoins created each block is (300,000 - height). The genesis block has a height of 0. After height 270,000, all blocks will have a reward of 30,000 siacoins."1 Sia's supply will grow perpetually, but at a perpetually decreasing annual inflation rate.