In the couple of days i maybe ran into a goldmine. I was checking out the miners at BITMAIN and saw a new miner available. The Antminer A3 for a new algo that Bitmain never produced. The algorithm is Blake (2b). So i went on looking for wich coins run on this algorithm. The only one i found is Siacoin. That seemed a bit strange to me.
Bitmain is known for their Bitcoin, Litecoin and Dashminers. But now they choose to produce a miner for a much smaller coin. Then i looked at the hashrate. It gives a hashrate of 815 GH/s.
So i went to different mining calculators and calculated it for Siacoin. At first i thought i made a mistake with entering the hashrate. But it was no mistake. The Antminer A3 “at this moment” will get you a profit of 160000 USD. Amazing.
But i think that when these miners will be delivered and set up it will be much less. The other fact is that these miners are new and being shipped within 10 days. It looks like the Founders of Siacoin applied for these miners at Bitmain. Because there is also a hard fork set for the 21st of January.
When i saw this i directly bought myself some Siacoin. Because i know that when Bitmain does something it’s always booming. I don’t have to read the whitepaper of Sia for this one. It’s clear to me. Hopefully for you too.
Thank me later