So recently I just found out about this cryptocurrency "Siacoin" because I noticed how well it was doing on the coin market cap, so I decided to look into it. Here is what I found out so far....
Siacoin is a cloud data storage service similar to something like Google Drive, but also much different. Why is it different, because it is totally decentralized and private storage, also it is extremely cheap compared to the other competitors
If the picture is to blurry, the price of 5 Terabytes of data storage costs $10 a month, thats about 90% less than other services that offer the same. (1 Terabytes costs only $2 a month)
Price : $0.011477 USD or 0.00000561 BTC
Market Cap: $299,900,672 USD or 146,508 BTC
Volume (24h): $55,667,700 USD or 27,195 BTC
Circulating Supply: 26,129,442,144 SC
I'm pretty excited for this one, thought I would share what I learned with you guys. I bought some today!