Sia (SC), the team behind Siacoin, do not hold an ICO, which is very unusual for a cryptocurrency. There are an infinite number of Siacoins available to be mined and it is the payment method on the Sia network. Miners earn Siacoins by validating transactions and keeping the Sia network safe. (SC) Siacoin circulated on June 7th, 2015 and runs without the need of a reserve bank or single administration. It is a mineable crypto currency, using the Blake2b
algorithm and the Proof of Work (PoW) consensus. You can estimate the profitability of mining Siacoin using our calculator
. We have built a mining calculator widget
, which you can display on your website. To keep updated with Siacoin, they can be found on Twitter, Facebook, Reddit and YouTube.