Making Money Siacoin SC Mining
Currently I'm mining Siacoin as it appears to be the most profitable given my computer specs (SLI 980 Ti, 32GB DDR3 i7-4790K). I think due to it's relatively low cost and difficulty, it could be very profitable in the future depending on well Siacoin itself does.
I'm currently pulling around 3000-35000 MH/s depending on the difficulty and my overclock which gets me around $11 USD worth of SC a day, and given that SC is currently 0.01-0.02 cents per unit, that's quite the number of coins to have mined. Siacoin itself seems to be very young, so I don't imagine you would be able to mine a lot and sell them for a good profit in the short term, I think this will be one of those coins you mine as much as you can, and hodl for as long. Not to mention once they get their storage system fully working it'll be pretty viable to have a good supply of SC on hand.
IMPORTANT: This was just an experiment for me. I am NOT recommending mining Siacoin with your home computer unless you are certain that your equipment will make it worthwhile. You can mine Siacoin using your home computer. However, if you haven't got a powerful graphics card, you will mine only 1 or 2 Siacoins a day. With the right graphics card you can increase this to over 100/per day. Recently I tried mining Siacoin using a home computer that I don't use much. Electroneum ETN Mining Group.
I have the Acer Aspire XC-105 with an AMD Radeon HD 3300. Not ideal but I just wanted to see if I could actually do it, and then share the steps with you. You would go through the same steps with a computer more suitable for the Siacoin mining anyway. You need open the device manager and find out if you have an NVEDIA or AMD graphics card. (You can open the device manager by going to WIN + R keyboard shortcut and then in the command box type in devmgmt.msc) 1.Click on the downward arrowhead next to Display Apaptors to expand list and check your graphics card type.
Install CUDA if you have NVEDIA. If you have AMD, download OpenCL • Update your drivers. • Turn off any antivirus software on your computer.
Its name is Sia, and it is fueled by its cryptocurrency called Siacoin (SC). Sia didn’t start with an ICO or pre-mining. Making money from Bitcoin. This is a quick follow up post after previous and initial I'm Making $0.98 Per Day By Mining Ethereum and Siacoin, and I want MORE! It has been first 24 hours since.
• Download Marlin Miner from • Unzip Marlin Miner to C: marlin • Open the Command box (Win + R) and type in CMD and press Enter • Type in C: marlin marlin.exe --selftest On each line it will say PASS • Open Notepad. Go to File >Open >and then type C: marlin marlin.bat and click Open. At this point you will need a Siacoin wallet. You can download the official desktop wallet from However, synconizing the wallet can take days. So, if you want to just get set up quick, you can use an existing wallet address of yours off Bittrex or Poloniex.
• Change the Siacoin wallet address to your wallet address. (To use the wallet address in Bitrex,within Bittrex, click on Wallet from the top menu, find Siacoin and click on the + icon) • Save the changes by going to File >Save and then close the NotePad. Go to C: marlin and then double click on marlin.bat • Click Run on any security warnings. You should now start mining your Siacoins. You can check your progress by going to (your wallet address) Once you have mined 500 Siacoins, they will be sent out to your wallet. Siacoin is a really good crypto to mine.
However, if you are serious about mining Siacoin, I recommend getting a custom built computer with a powerful graphics card and the right power supply and CPU. Or you can just get yourself the Obelisk for $2100 from. Strongly recommend NOT mining Siacoin.
The difficulty is very high for a coin with low value. You will get more profit mining something like Zcash, LBRY or even just using Nicehash.
If you have AMD cards like the RX470/480, you can dual mine SC with Ethereum with no penalty to ETH hashrate (so it's a no brainer). If you are using NVIDIA, do not mine Siacoin, or you can if you are happy earning less money.
You'll make more on NVIDIA mining other coins (or using Nicehash) and then converting it to SC. I have a dedicated mining rig with 6x1080 Ti, I mined SC for about a week until the difficulty spiked too much.
Now mining SC is a total waste of my GPU power unfortunately.