Siacoin PRICE SC

Siacoin (SC) $0.003072 USD (5.56%)

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Volume (24H)


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Siacoin is an open-source, low-cost cloud storage solution, offering encryption and distribution of files chosen for storage by users across a decentralized network of peers. private keys ensure users are the only ones with access to and control over the data stored on the network. Additionally, Sia allows users to rent out their unused hard drive. Users who wish to make store their files on Sia’s platform are required to pay for the service with Siacoins. Users will also be paid in coins for renting out their hard drive.

It’s possible to mine the coin through a number of mining pools. SiaMining is the first public mining pool for Sia and offer competitive advantages. But mining profitability can be checked using a Siacoin mining calculator. In November 2018 Siacoin underwent a hard fork, changing its consensus rules in a way that prevents some specialized hardware developed by Bitmain and Innosilicon from mining on the network. There are several prominent exchanges that offer Siacoin trading. Binance, Upbit, HitBTC, Poloniex and Bittrex for example. The coin have provided their own wallet called Sia-UI.


Siacoin News SC

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