How to mine Siacoin

Sia aims to provide an open-source, low-cost solution for decentralized cloud storage. Mining Siacoin (SC), the network token, is only profitable using ASICs.

Feel free to check out the official website and block explorer to get more familiar with Siacoin before continuing. You can also find a summary of Siacoin metrics and other resources on our Siacoin page.

1. Obtain suitable hardware

✅ Siacoin can be efficiently mined with ASIC mining machines.

❌ Siacoin cannot be efficiently mined with CPU or GPU cards.

View our Miners page to discover the most profitable ASIC machines for Siacoin mining.

And don’t forget to check our Mining Hardware Tools page to download the necessary software for setting up your device.

2. Obtain a wallet address

You’ll need to get a wallet address if you don’t have one already. A Siacoin wallet address is required for you to receive and monitor your mining revenue.

f2pool distributes mining revenues on a daily basis to every user who reaches the payout threshold, which is 100 SC. f2pool’s payout scheme is 3% PPS.

We recommend the official wallet. After installing it, click Receive to get your new wallet address.

You can also choose an exchange, such as Binance or OKEx. Note: You should always do your own due diligence when choosing a wallet provider or exchange.

3. Configure your mining device

Your miner must be connected to the f2pool server listed below for your hashrate and revenue to be recorded and monitored.

You’ll need to enter the following information in your mining device:

URL: stratum+tcp://sc.f2pool.com:7788

Username: miningAccountUsername.workerName

Password: Your choice

Please note

1. The list of f2pool mining pool servers is available here.

2. workerName is optional, but we recommend labeling each of your mining devices with a separate workerName for more efficient monitoring.

4. Start mining today!

Your machines are now ready to mine!

As long as you’re submitting your hashrate successfully, you will receive payouts from f2pool.

To view your real-time Siacoin payout records, visit the f2pool website and click the 🔍 icon in the top-right corner, select SC, enter your wallet address, and click Go.

If you’re using the f2pool app, click the 👁 icon at the top-right corner of the main page and enter your Siacoin address.

If you run into any problems mining Siacoin, please feel free to reach out to our customer service team at support@f2pool.com, open a support ticket, or start a conversation on reddit.

To stay updated with the latest PoW news and developments, follow us on Twitter!

Happy mining!