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Is it still profitable to mine Siacoin locally?

• tgtweak 6y ago
  No, they've made purpose-built silicon for sia mining and it is no longer viable to mine on general purpose compute. As far as storage mining - it may be. last check (november) filecoin was the most profitable to host your disk space for but required a rediculous amount of compute as well as disk space (latest gen GPUs, 128G ram, near-100% uptime).
  • viraptor 6y ago
    It's relatively early days for filecoin though. I suspect that after "we've got space and availability, see?" period, the restrictions for hosting will be relaxed.
    • tgtweak 6y ago
      Hopefully they loosen the coin collateral requirement for nodes also.