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$0.0025883
Low $0.00251499
High $0.00259539
What is Siacoin?
Siacoin is the Sia network's currency. Renters pay hosts in Siacoin to use their hard drive space, and hosts are paid only after demonstrating that they are storing the file in question. Sia accomplishes this functionality through the use o...
Siacoin is the Sia network's currency. Renters pay hosts in Siacoin to use their hard drive space, and hosts are paid only after demonstrating that they are storing the file in question. Sia accomplishes this functionality through the use of a type of smart contract known as "file contracts," which establish parameters of the host-renter relationship such as price and uptime commitments. These contracts typically last 90 days and are enforced automatically by the network. When a file contract is completed, the host must demonstrate that they are actually storing the data they claim to be in a process known as storage proof, which allows a host to demonstrate that the tiny portion of data they are storing is actually part of the renter's file. If the proof is added to the blockchain within a certain time frame, the host is compensated in Siacoin. Sia divides files into 30 pieces, each of which is encrypted, before uploading and distributing them to hosts. This prevents the network from having a single point of failure. The Sia software also employs erasure coding, which incorporates redundancies to ensure that a user can always access their files even if as many as 20 out of 30 hosts are unavailable.
Influencers
CoinScouts Grade
4Market Statistics
Volume
$2,058,642.00
Market Cap
$133,091,793.00
Fully Diluted
n/a
Market cap Value
1.55 %
Circulating Supply
51,477,015,000
Max Supply
∞
Total Supply
∞
Statistics
Siacoin Statistics
Name
SiacoinTicker
SCPrice
$0.002588324 Hour Trading Volume
$2,058,642.0024 Hour Volume Change
-24.75%Market cap
$133,091,793.0024 Hour Market Cap Change
2.28%Fully Diluted Market Cap
n/aPrice change 24 hour
4.69%Price change 7 days
2.28%Price change 14 days
10.95%Price change 30 days
-23.81%All Time Low/High
$0.00001262 | $0.092868Percentage Change Since All Time High
-97.21%Percentage Change Since All Time Low
20,418.45%Market cap rank
#190Volume / Market Cap
0.01547Issuance Blockchain
SiacoinCirculating Supply
51,477,015,000Max Supply
∞Total Supply
∞24h Volatility
$0.00Twitter Followers
146,269Telegram Users
0Reddit Subscribers
51,024Github subs
10Github issues
32Siacoin Markets
Upcoming Siacoin Events
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Siacoin News
Siacoin Price Prediction: Room for Uptick Above 0.0042
The Siacoin price predictions will depend on the behaviour of market participants at the 0.00422 resistance level....Read full story
y InvestingCube
Last updated 2 months ago
Neutral
Should I buy Siacoin (SC) at the current price?
Siacoin (SC) has weakened from $0.0052 to $0.038 since August 11, 2022, and the current price stands at $0.0039. The cryptocurrency market tumbled this Friday after Federal Reserve Chair Jerome Powell's hawkis...Read full story
y Invezz
Last updated 3 months ago
Neutral
Siacoin Price Prediction: Room for Uptick Above 0.0042
The Siacoin price predictions will depend on the behaviour of market participants at the 0.00422 resistance level.... Read full story
By InvestingCube | Last updated 2 months ago |
Neutral
Should I buy Siacoin (SC) at the current price?
Siacoin (SC) has weakened from $0.0052 to $0.038 since August 11, 2022, and the current price stands at $0.0039. The cryptocurrency market tumbled this Friday after Federal Reserve Chair Jerome Powell's hawkis... Read full story
By Invezz | Last updated 3 months ago |
Neutral
Top 7 Best Low Cap Crypto Gems to Buy/Invest in 2022
After being exposed to rapid negative price changes, many investors in crypto behemoths like Bitcoin and Ethereum were deflated by the 2022 crypto winter.... Read full story
By Inside Bitcoins | Last updated 3 months ago |
Bullish
Siacoin creator Skynet to keep operating despite announced shutdown
Siacoin's (SC) parent company, Skynet Labs, has announced that it will shut down operations after failing to raise sufficient funds in its latest funding round. The post Siacoin creator Skynet to keep operating... Read full story
By CryptoSlate | Last updated 3 months ago |
Neutral
Siacoin creator Skynet to keep operating despite Skynet Labs shutdown
Siacoin's (SC) parent company, Skynet Labs, has announced that it will shut down operations after failing to raise sufficient funds in its latest funding round. The post Siacoin creator Skynet to keep operating... Read full story
By CryptoSlate | Last updated 3 months ago |
Neutral
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