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A Beginner's Guide to Mining Siacoin

This guide is out of date.

This post describes mining Sia with a desktop graphics card (GPU), but custom mining hardware is now available for Sia. The custom hardware has made Sia GPU mining non-viable. This guide will still work, but you may never reach payout, even with a high-end GPU.

Overview

Sia is a decentralized, peer-to-peer network for buying and selling computer storage space.

Users pay for transactions within Sia using a cryptocurrency called Siacoin. Like Bitcoin, Sia relies on “miners” to supply computing power to the network. These miners are paid for their contributions in Siacoin.