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RE: Siacoin: About Chineses vs. Americans, monopoly and increased difficulty and prices
You said it yourself. It's a free market and Sia devs have the right to soft fork just like you have the right to sell your coins. It's unfortunate that you didn't believe enough in the fundamental tech and be glad someone if giving Bitmain pushback for their bullshit. Already projected 90k ASICs out. It's going to be like D3 all over again. I just can't believe people still enable them by giving them business. They are like the Comcast of the ASIC industry.
As I said, the tech is fine, I even used the client to rent space. About companies, Sia-Tech entered the ASIC battlefield to sell their own product (Obelisk), crushing GPUs miners; and now they see they will be eaten by a much bigger fish that can create more units and deliver faster.
Obelisk's intention was not nefarious as you phrase it to "crush" GPU miners but add value to their network. They were the first to make this intention public and SC was not on Bitmain's radar at the time. Rise in market value changed that of course but I want to hit on one important thing.
This is false in the event of a delayed SF. They would have made ROI and then some by the time this would likely be implemented that is unless Bitmain starts misbehaving ,in which case, all bets are off. The problem is they are not merely content with supporting a company terrible for the Sia ecosystem and making ROI either profit. No, they want more.
Obelisk buyers supported the devs way back when and, yes, being a startup was like the David to the Bitmain Goliath. I think a SF is the slingshot. Obviously, not talking about taking BM down entirely but certainly doen a notch which they honestly deserve for all the people they have stepped on with only regard to pure cold profit.
I'm going to share a comment that I believe was well written that further conveys my sentiment.
Ahhh it was you that countered my meme.
Well good for you. I hope your A3 earns you buttloads of money. I'll take my crumbs from the floor. We supported a company who had good community ethos, the underdog, rather than sleazy Bitmain and we got burned.
This situation is unjust but such is life.
I don't have an ASIC miner, I don't even have a GPU (I use Intel Graphics)! Curiosity, what meme?
Interesting. The meme really served the A3 miners interest. The trolley full story. I made the OG SF dilemma trolley meme. :P The one the Bitmain apologists love to hate.