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Obelisk January Update

By now, many of you have heard that Bitmain announced the Antminer A3 last week and has started shipping units to customers. The A3 mines Siacoin at a hashrate of 815 GH/s and power usage of 1186 W. This means that, when the Obelisk SC1 ships, it will not be the first Siacoin ASIC miner to market.

The Obelisk SC1 is slated to outperform the A3, with 800 GH/s hashrate at only 500 W. These are minimum specs, and we expect the SC1 to perform even better than promised. This is good news: based on current A3 specs, the SC1 will be far more competitive.

We are currently on schedule with SC1 and DCR1 production, and will have test chips back in March. If all goes well, we could be shipping Batch 1 units in May, and Batch 2 units six weeks later. Our official ship dates are still June 30 for Batch 1 and August 31 for Batch 2.

Forking the Network
The Sia community is currently debating a soft-fork that would exclude all Bitmain A3 units from the Sia network, while leaving Obelisk SC1 units fully operational. We encourage you to contribute to this discussion, and ask that you disclose your status as an Obelisk customer when commenting. Discussion is taking place on Sia's Discord and Subreddit

Wire Transfers
Due to large amounts of fraud on our accounts, our bank has asked us to disable wire transfers for the duration of Batch 2 sales. We will do our best to work with our banking partners to re-enable transfers, and add other cryptocurrency payment options to future batches. As of today, wire transfers have been disabled on all new orders.

Batch 2 Progress
We have currently sold 1,350 DCR1 and 1,996 SC1 units. Batch 2 will close on January 31, and we will open Batch 3 soon after. 

And, so you can make an informed purchasing decision, we sold 2,963 DCR1 and 3,598 SC1 units in Batch 1.
Thank you so much for your support! Please let us know if you have any questions.
 
Best,
 
- Team Obelisk
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