SIA is a cryptocoin based on SIA Storage – a decentralized cloud storage system that allows users to enjoy safe and 100% anonymous storage for a small fee. The system is based on decentralized nodes all around the world.
The storage service received many positive reviews so far and looks like it is becoming a decent alternative and rival to giants such as Amazon S3 and Dropbox.
Until not long ago, the only way to mine SIA coins was by either using a GPU rig or by renting HDD space to others via Minebox. It does make sense since the decentralized storage system relies on thousands of users from all around the globe who provide free HDD space.
However, not long ago SIA Tech released an ASIC for SIA coins.
MEET THE OBELISK SC1
Full article here: http://1stminingrig.com/obelisk-sc1-the-first-sia-asic-miner-is-confirmed/
