Sia's Obelisk announcement... Is an ASIC minier

obelisk.jpg

Some of you might have been aware of this announcement of Sia's Obelisk, and been wondering what it was about. Well today we found out that it is the first ASIC (Application-Specific Integrated Circuit) for SIA mining.

obelisk asic.jpg
Potentially bad news for those with GPU miners pointed at SIA. I know it is possible to currently dual mine ETH and SIA.

However...

Speculation has begun about Who exactly is manufacturing this chip. One steemer is asking whether or not it might be IBM it's self!
Check @jhdomiciano s post here

https://steemit.com/siacoin/@jhdomiciano/siacoin-to-the-moon-next-week

Very interesting to see them shy away from GPU mining but I know personally I'm long term on SIA and am very interested to see what becomes of it.

Let me know what you guys think below

or if I muffed anything up!

-Dest

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What an intriguing mystery. Who wouldn't want to mine with an Obelisk ;). I like this news for SC, even if we don't have all the answers. Siacoin seems to be trending and in a lot more people's radars these last few weeks.. Might be a good time to increase your position!

I just increased my already decent position last night actually! I agree though SC is making waves and bringing plenty off positive attention to themselves. AND ITS FRIGGIN CHEEEEEEAPPP!

very true catotune

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