Sia Broadcasts Exhausting Fork to Brick Bitmain ASICs – Bitcoinist.com

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Sia Announces Hard Fork to Brick Bitmain ASICs - Bitcoinist.com

After near a yr of debates inside its neighborhood, Sia has lastly gone forward with a tough fork to brick out Bitmain and Innosilicoin ASICs. Following the arduous fork, solely miners utilizing Obelisk will be capable to mine on the blockchain.


Pushing Again on Bitmain and Innosilicon ASICs

Sia cofounder, David Vorick introduced the information in a weblog submit on October 1st through the mission’s Medium Account. In accordance with Vorick:

Sia is forking at present to reprimand the present ASIC monopoly for the injury it did to the Sia neighborhood, to make entire the supporters of Sia’s neighborhood ASIC mission, and to ship a transparent message to all future Sia ASIC producers: we won’t tolerate an abusive ASIC monopoly.

The injury referenced by Vorick contains the strikes made by Bitmain and Innosilicon concerning the manufacture of ASIC mining . These actions reportedly disrupted the investments made by members of the Siacoin neighborhood.

Defending Obelisk Miners

By going forward with the arduous fork, solely Obelisk miners manufactured by Sia’s guardian firm Nebulous will be capable to mine Siacoin on the blockchain. Not like different arduous forks focused at ASIC monopoly, Sia’s aim isn’t to ban ASIC mining.

As a substitute, the corporate seems intent on defending its investments within the improvement of Obelisk miner . Commenting on this level, Vorick stated:

We consider that embracing an ASIC monopoly is healthier than resisting ASICs altogether. That stated, we don’t consider cryptocurrency must embrace a parasitic or abusive ASIC monopoly.

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