What do people think of Sia devs forking off miners?

I’m curious about what the greater crypto community thinks of thisIf you are unfamiliar, basically what happened is that Sia devs announced they were making asic miners. They didn’t want the coin to be gpu only, they viewed asic mined coins as saferPeople prepaid, and the devs posted that if they missed the deadline they would give refunds. They missed the deadline on shipping out the units.Meanwhile, bitmain and innosilicon released their own miners that outperform what sia’s own miners could do (if they were even manufactured yet)Sia devs originally said they would only fork off miners that attack the networkThey have now decided to fork off ALL asic miners besides their own. Including miners from other companies like halong and a couple others I can’t rememberThis is an important distinction from what monero did, which was keep their project cpu only and forked off all asicsThe sia devs have publicly stated multiple times that if buyers ask for refunds like they promised them, they will be bankrupt because they don’t have the funds (it was spent on manufacturing)So they are now hurting the network, reducing the hashrate, centralizing the network, forcing a monopoly of an inferior miner, all to funnel money to themselves to resolve their own legal issuesThey are trying to pass this off as it being good for the network. Which is just laughable...Competitors producing a better product isn’t an attack on the network, it’s simply competition. Competition is a good thing. Miners are beneficial to the networkIt’s clear there will never be a mining company that the devs don’t label as unethical or malicious.What’s your opinion of this? How would you feel if one of your favorite projects forced a monopoly of miners in order to personally enrich themselves, while hurting the network in the process?

Submitted October 17, 2018 at 12:42AM