What impact will Siacoin’s bricking of Bitmain and Innosilicon hardware have on cryptocurrency mining?

Colleagues, Siacoin is indeed a third-tier cryptocurrency when compared to Bitcoin, Ethereum, Ripple and Litecoin. CoinMarketCap ranks Siancoin’s market cap at 40^th on its global list of digital currencies. ASIC mining demand for Siacoin is dwarfed by comparison to its tier-1 competitors. So is there any bona fide reason to fuss over Siacoin’s decision – derived from an anonymous Reddit community vote – to implement a fork, which will obsolete Bitmain and Innosilicon ASICs from mining Siacoin. Our assessment leads the Cryptocurrency Academy to a two-fold answer. First, users Obelisk hardware from Nebulous to mining Siacoin are big winners – they will have a de facto monopoly on Siacoin mining. Second, within the context of the global cryptocurrency ecosystem this decision is nothing more than a blip on the radar screens of Bitmain and Innosilicon … business as usual. Share a comment today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)