|All Time High:|
|Market Cap: |
|The price of #SC today is $0.00505 USD.|
The lowest SC price for this period was $0, the highest was $0.00505, and the exact current price of one SC crypto coin is $0.00504819.
The all-time high SC coin price was $0.11.
Use our custom price calculator to see the hypothetical price of SC with market cap of BTC and how the supply of SC affects the price at different market capitalizations.
|The code for Siacoin is #SC. |
Siacoin is 8.3 years old.
|The current market capitalization for Siacoin is $277,144,323.|
Siacoin is ranking upwards to #138 out of all coins, by market cap (and other factors).
|There is a large volume of trading today on #SC.|
Today's 24-hour trading volume across all exchanges for Siacoin is $24,516,096.
|The circulating supply of SC is 54,899,752,991 coins, which is 100% of the total coin supply.|
Relatively, Siacoin has a large supply of coins, 2,495 times larger than Bitcoin's supply, for example.
|SC is integrated with many pairings with other cryptocurrencies and is listed on at least 22 crypto exchanges.|
View #SC trading pairs and crypto exchanges that currently support #SC purchase.
|Note that there are multiple coins that share the code #SC, and you can view them on our SC disambiguation page.|
Community Spotlight: hostd Prometheus exporter
My experience with the Sia Foundation Grants Program My name is Xavi, and I am passionate about the crypto space. Although I don’t like to label myself, I could fit into the category of a Bitcoin maximalist. I have been a Sia user for a long time and have operated some hosts since early 2021. — Defining Sia - In a nutshell, the operation of Sia could be described as a mix between Bitcoin and a torrent client. It is a pure proof of work (PoW) blockchain like Bitcoin (BTC), in which hosts are rewarded with Siacoin’s (SC) for providing storage space and bandwidth to clients who want to host their data on its network. Some benefits of choosing Sia as cloud storage are the privacy that end-to-end encryption offers, the impossibility of censorship by any organization or third party, and the resilience of the network thanks to the fragmentation and distribution of the different file pieces on the network. — Sia marches on - Currently, the Sia Foundation is focused on a complete overhaul of its core software, and the network is trying to reboot with improvements in all areas. To this end, the Foundation has launched a grants program in which developers are hired based on projects that aim to improve the usability of Sia by offering functionalities that complement its own software. As a regular visitor to their Discord, I know what’s happening within the Sia ecosystem. And with their developer grants program work...
Grants Program Update, October 2023
The Sia Foundation has grant funding available for community contributors! The Grants Program was created to fund research, development, developer tools, and anything else that will support and further our mission of user-owned data while enriching the Sia ecosystem. Just design a proposal that meets our requirements, submit to our forums, and wait for review by our grants committee. If your grant gets approved, you’re on your way to creating the next great project on the Sia storage network. Check out our site for more info. — The Current State of Grants - Since last month, the Foundation grants committee has received a large number of new grant proposals, totaling eight requests with many coming in after our new grant rules were released. We’ve updated the Grants Program with guidelines for the three new different types of grants you can apply for — Small, Standard, and Large. Each grant level comes with different budget requirements and overall recommendations. We also have a proposal format for each grant level. The new guidelines should create clarity for grantees as well as the committee, with easier ways to get small grants off the ground and better methods to evaluate all grants throughout their life cycle. We’re especially excited to see small grants flood into the committee for review. Many of the best projects over the years in the Sia ecosystem have started as modest ideas for a feature or to...
The State of Sia, October 2023
We’re back with the State of Sia, a monthly installment looking at development and team updates for The Sia Foundation. The Foundation is heading into the last quarter of 2023 with a larger team, more active grants, and a heck of a lot of progress on our app suite. We’re making a push to get significant work done before the holiday lull, and part of that involves the first full-team get together the Foundation has ever had. Remote work is great, but occasional face time can go a long way. The in-person meetings to sync up on initiatives and lay out the path forward will be important for the team. Beyond that, we’re doing big things with renterd, hostd, and walletd as they progress towards v1 releases. There’s a new face getting ready to join the team as well, and we’ll have more to report on that next month. It’s a Technical Writer role that will have a lot to say, and importantly will get our content calendar filled up with engaging content to help spread the Sia word. Finally, we just published the October Community Town Hall for those that missed. — Development - All public repos can be found here. — renterd - renterd will be our new stand-alone renter. The renterd repo is currently public and can be found here, and the app is available in beta. A common theme for the month was S3 and integrity checks. The S3 related PRs lay the groundworks for caching related features that we hope to add soon....
Grants Program Update, September 2023
The Sia Foundation has grant funding available for community contributors! The Grants Program was created to fund research, development, developer tools, and anything else that will support and further our mission of user-owned data while enriching the Sia ecosystem. Just design a proposal that meets our requirements, submit to our forums, and wait for review by our grants committee. If your grant gets approved, you’re on your way to creating the next great project on the Sia storage network. Check out our site for more info. — The Current State of Grants - Since last month, the Foundation grants committee has reviewed a number of grants, formally rejecting two of them and requesting additional info from another. One rejection came from our latest marketing-oriented proposal. As a registered 501(c)(3) US non-profit entity, the Foundation has very strict guidelines on how we can market and otherwise talk about Sia. While this project was more about marketing the Grants Program than Sia itself, the possibility of violating rules stating that we cannot financially benefit one project over another is broad and not a line we want to cross. Our other rejection came from the largest request we’ve received yet, and this was after multiple iterations done in an attempt to pare it down from it’s original $3,000,000 ask. Finally, the committee asked for feasibility info regarding the last grant. Let’s hop in. — ...
The State of Sia, September 2023
We’re back with the State of Sia, a monthly installment looking at development and team updates for The Sia Foundation. With summer fully drawing to a close, we can focus on taking the next important steps for the Sia ecosystem to round out the year. We’re moving towards full releases of our app suite and looking beyond. Oliver, our new Developer Relations expert, is getting revved up and ready to go. We’re really excited to see his impact on Sia and the community. We’ve got a team get-together coming up where we’ll be able to have some much needed face time, and sync up on a number of initiatives. In this world of remote work, sometimes it’s nice to work together. Enough chatter, let’s get to the good stuff quick. — Development - All public repos can be found here. — renterd - renterd will be our new stand-alone renter. The renterd repo is currently public and can be found here, and the app is available in beta. Added YAML config support (Link), Added ‘before’ parameter to /bus/transactions endpoint (Link), Added an alert system to renterd (Link), Object health is now cached in the database (Link), New CLI flag to configure the number of slabs the autopilot reparis in parallel (Link), Added a setting to bypass API authentication for downloads only (Link), The MaxUploadPrice setting doesn’t account for storage cost and redundancy anymore, only for upload bandwidth since people found tha...
Grants Program Update, August 2023
The Sia Foundation has grant funding available for community contributors! The Grants Program was created to fund research, development, developer tools, and anything else that will support and further our mission of user-owned data while enriching the Sia ecosystem. Just design a proposal that meets our requirements, submit to our forums, and wait for review by our grants committee. If your grant gets approved, you’re on your way to creating the next great project on the Sia storage network. Check out our site for more info. — The Current State of Grants - Since last month, we’ve approved three new grants in the Sia ecosystem. What we loved about these new proposals was their size — they’re all small grants of less than $10,000 USD that are designed to either prove feasibility of an idea or simply add a cool new tool for Sia users. We find a lot of value in these small grants. While we appreciate, and have approved, larger grants up to and over $100,000, they are typically big projects with big goals. They’re more demanding to track and evaluate and the proposals are sometimes tougher to dissect. They absolutely have their place in the Sia ecosystem, and we have some incredible larger projects being developed. But the committee is really happy to see them balanced out by some of these smaller projects showing up lately. On to the latest approvals! — New Proposal: Proxmox Feasibility Study - Link...
The State of Sia, August 2023
We’re back with the State of Sia, a monthly installment looking at development and team updates for The Sia Foundation. Summer is starting to draw down for the Sia Foundation team, and while there’s been a vacation here and there (which is why you won’t see anything notable for renterd this month, just work for renterd’s UI), the team has been heads-down doing our best work as we move through the releases of our new software. renterd and hostd are now available in beta, and walletd is ready in alpha. We’ve been taking early feedback and making lots of improvements on these apps, while also making progress on larger features. The changes are consistent and noticeable, and we’ll keep this pace up as we move toward v1.0. You can hear core dev Nate talking about these improvements, as well as utreexo and how we’re approaching awareness for the Foundation in our latest Community Town Hall. We’ve also had the absolute pleasure of bringing on our latest team member, Developer Relations expert Oliver! I was terribly excited by him when I first found his resume, and he lived up to the hype all through the interview process. He’s been getting acquainted with the team and the role, balancing what we expect from him while at the same time finding his path and defining what Developer Relations at the Sia Foundation will be. This stuff can be complicated — sometimes taking months to feel confident talking about t...
Messari’s Second Research Report
Messari released their second research report on Sia! Here’s an excerpt from the report, part of a grant to provide the public with in-depth data analytics and research on Sia.Although new contracts fell by 3% QoQ, storage used increased by 12% QoQ. This implies that, although fewer storage contracts were created, users were storing larger files per contract.Sia has maintained a functional, low-cost, and decentralized Proof-of-Work blockchain and storage network since 2015. It has pushed through multiple crypto cycles and continues to iterate, becoming a more usable and efficient protocol. You can view the entire highly detailed report here. Messari will provide two more research reports for the remainder of 2023; we look forward to seeing their continued research on Sia! Messari’s Second Research Report was originally published in The Sia Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Grants Program Update, July 2023
The Sia Foundation has grant funding available for community contributors! The Grants Program was created to fund research, development, developer tools, and anything else that will support and further our mission of user-owned data while enriching the Sia ecosystem. Just design a proposal that meets our requirements, submit to our forums, and wait for review by our grants committee. If your grant gets approved, you’re on your way to creating the next great project on the Sia storage network. Check out our site for more info. — The Current State of Grants - Since we posted three months ago for our last grants update, a lot of great grants have graced the committee resulting on four approvals, three requests for more info, two rejections, and two proposals waiting for consideration. For the purposes of this article, we’ll stick to talking about the approvals. But you can jump on over the our forums at your leisure to check out the thread for any proposal, see the committee responses, and check up on progress reports as each month passes. The committee is getting better at determining what it wants out of a grant, and we’re improving our logistics to ensure smooth meetings, efficient onboarding, and happy grantees. Let’s jump right into our approvals. — New Proposal: Sia Satellite 2 - Link — What is it?. — A followup to the first Sia Satellite grant, with new additions and improvements for th...
The State of Sia, July 2023
We’re back with the State of Sia, a monthly installment looking at development and team updates for The Sia Foundation. Quickly, I’d like to note that while we have skipped a couple of months of Grants Program updates, we’ll be back in force for July. Expect to see that back at it’s regular mid-month time slot in a couple weeks. Beyond that, summer marches on for us here at the Foundation. We mentioned last month that we’re looking into hiring a Developer Relations expert, and things are going exceedingly well there. We hope to have some specific info for you next month, but the Foundation team will be growing shortly. Our renterd beta has been going smoothly, with excellent feedback on the UI/UX and all the new functionality baked in. hostd has officially entered beta with its 0.1.0 release. It’s an extremely stable version, complete with a great new UI just like all our new apps, and delivers some massive performance upgrades over what hosts currently see. Our Q2 report is also available now — the transparency report is a critical review of Foundation happenings, giving a free look into major milestones and money spent over the past three months. — Development - All public repos can be found here. — renterd - renterd will be our new stand-alone renter. The renterd repo is currently public and can be found here, and the app is available in beta. upload improvements got merged, saw pretty ni...
More Siacoin (#SC) News
|Greenidge Generation Settles Debt and Sells SC Bitcoin Mining Site to NY...
Greenidge Generation Holdings has successfully wiped out $21.8 million in secured debt and divested its South Carolina bitcoin mining facility to NYDIG. The firm detailed that the move enhances Greenidge's financial stability and liquidity.Greenidge Generation Holdings Clears $21.8 Million Debt, Sells Mining Site to NYDIG
On Wednesday, Greenidge finalized the sale of a 22-acre mining site with 44 megawatts (MW) of capacity in Spartanburg, SC, to NYDIG. This deal marks the resolution of all outstanding secured debts Greenidge owed to the bitcoin asset management firm.
In 2023, Greenidge achieved a reduction in its financial obligations, slashing $85.3 million from its debt. This substantial repayment accounts for more than half - specifically, over 54% - of its total debt.
However, the company continues to manage $72 million in unsecured debt, due in 2026. The agreement entitles Greenidge to an approximate $6.2 million cash payout. Moreover, the company retains around 153 acres in Spartanburg, earmarked for potential expansion into data centers.
NYDIG, operating under the umbrella of Stone Ridge Holdings Group, provides a spectrum of services including bitcoin (BTC) custody, financial solutions, infrastructure, and BTC mining operations. Acquiring this facility allows NYDIG to further integrate its mining operations with enhanced infrastructure.
Over the last two years, several cryptocurrency miners incurred substantial debts to NYDIG due to loans taken out to support their m...
|Standard Chartered's SC Ventures Partners With SBI to Establish Digital ...
Standard Chartered's ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). 'The joint venture will focus on investing in companies across the digital assets spectrum including market infrastructure, risk and compliance tools, defi, tokenization, consumer payments, and the metaverse,' SC Ventures described.SC Ventures Collaborates With SBI Holdings
SC Ventures, Standard Chartered’s ventures arm, announced Thursday that it is partnering with SBI Holdings, a Japanese financial conglomerate, to “establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE).”
Noting that the two companies 'intend to capitalize the vehicle with $100 million,' the announcement details:
The joint venture will focus on investing in companies across the digital assets spectrum including market infrastructure, risk and compliance tools, defi, tokenization, consumer payments, and the metaverse.
SC Ventures CEO Alex Manson explained that the UAE 'is fast becoming a hub for fintechs in the digital asset space due to its strengthening infrastructure and talent.' He noted that the joint venture will leverage SC Ventures’ experience in digital assets through its ventures, such as Zodia Custody and Zodia Markets, and through its investments in companies like Ripple and Metaco. The announcement notes that the Digital Asset Joint Venture plans 'to make...
|SC Ventures and SBI Holdings Launch $100 Million Crypto Initiative in UA...
SC Ventures, the investment division of Standard Chartered Bank, and SBI Holdings, the Japanese financial conglomerate, have joined forces to establish a $100 million cryptocurrency initiative in the United Arab Emirates.
The new vehicle, dubbed Digital Asset Joint Venture, will focus on companies involved in market infrastructure, risk and compliance, decentralized finance (DeFi), and tokenization.
The Digital Asset Joint Venture
According to the official press release, the Digital Asset Joint Venture plans to allocate funds across various investment stages, spanning from seed to Series C funding, with a primary emphasis on global investment opportunities.
This new vehicle is also expected to leverage SC Ventures' experience in digital assets via its investments in fintech firms like Ripple and Metaco, according to SC Ventures' CEP Alex Manson.
The exec also added that the Digital Asset Joint Venture plans to make strategic and minority investments in areas such as market infrastructure, risk management and compliance tools, DeFi, tokenization, consumer payments, and the Metaverse. This is one of several strategic initiatives, and we will continue to invest and expand our footprint in the region as well as across the digital assets ecosystem.
Confirming the development, Yoshitaka Kitao, SBI Holdings, Inc. Representative Director, Chairman, President and CEO,
'We are thrilled to announce our partnership to establish a Digital Asset Joint Venture in UAE together with SC Ventur...
|Nashville SC to Accept Valkyrie Investments Sponsorship Fee in Bitcoin
The Major Soccer League participant Nashville SC partnered with the digital asset investment manager Valkyrie Investments. The latter vowed to pay its sponsorship fee entirely in bitcoin.
The First MSL Team to Accept BTC Sponsorship Payment
One of the leading American soccer teams – Nashville SC – dived in the world of crypto by signing a deal with Valkyrie Investments. As part of the agreement, the Premier Club – located at Nashville SC’s stadium, will be renamed to Valkyrie Premier Club. In addition to that, the soccer players will have the company’s logo embroidered on their training tops.
The soccer team did not disclose the amount of the deal. However, it revealed that Valkyrie Investments will pay it entirely in bitcoin. Thus, Nashville SC will become the first Major League Soccer club to accept the primary digital asset as a sponsorship settlement.
Dan Farrell – Vice President of Corporate Partnerships of the team – said the collaboration provides both a “local tie and a platform to connect sports and entertainment to cryptocurrency in the hottest city in the United States.” Accepting bitcoin as a payment method encompasses the club’s ambition to be a pioneer “on and off the pitch.”
Speaking on the matter was also Leah Wald – CEO of Valkyrie Investments. In her view, soccer is “very much a community-driven sport,” and the deal could increase crypto’s popularity in the sector...