This is kind of a good idea, http://arstechnica.co.uk/business/2015/05/data-furnaces-arrive-in-europe-free-heating-if-you-have-fibre-internet/
Decentralize the mining farms operations to the homes to substitute the heating requirements.
The mining farm, can pay for their part of the electricity and internet, and subsidize some for the user, from the savings they are getting from the reduced cooling cost. I will welcome such a device as a consumer. ^Hint^
Topic: [2015-06-02] CD: BitFury to Release Light Bulbs that Mine Bitcoin in 2015 (Read 1503 times)
June 08, 2015, 03:39:58 AM
June 07, 2015, 12:40:10 PM
Nice move maybe our street lights will use this. Mining in the night time and storing energy for the night use. Could be on to something big enough here to mine during the evening across the nation and having local councils supporting it and maybe using the funds to put back into the community at the sometime as making more people aware of bitcoin. Even id buy one for the sake of it being a light bulb looks good.
June 07, 2015, 10:05:54 AM
This is a great news! If they come into consumer market i'll replace all my house light bulbs with them!!! BTCBTCBTC
June 06, 2015, 06:51:01 PM
I like that they're doing this to market bitcoins to everyday people. There's not exactly much marketing going on in recent times and thus no interest has been building outside of the companies looking to make use of the blockchain itself.
June 05, 2015, 04:15:13 PM
This is a stupid idea. The lightbulb gets hot and the heat produced from mining is wasted. They should make a mining kettle or mining cup warmer whose primary function is to produce heat.
June 05, 2015, 04:01:34 PM
I suggest refrigerators as the next household appliance/item that should be rendered capable of mining.
I would air-conditioning/heat systems but that's an idea already out there and it would create seasonally fluctuating mining, maybe in some unforeseen important way. Refrigerators, however, are always powered and turned on. I want mine to mine.
I would air-conditioning/heat systems but that's an idea already out there and it would create seasonally fluctuating mining, maybe in some unforeseen important way. Refrigerators, however, are always powered and turned on. I want mine to mine.
June 03, 2015, 01:41:34 PM
This is amazing! What a nice case use of normal everyday things to mine Bitcoins, while offering us a service...
Next up is our toasters mining Bitcoin
Next up is our toasters mining Bitcoin
I did see an artical recently in the UK regarding toasters mining BTC, I can't see this ever being profitable for the individual, I would guess all the mining would feed back to the company and then maybe reach the consumer in terms of cheaper products/bills etc. A pretty cool idea though in this age of the internet of things, the possibilities are endless, hair dryers, fridges and so on. It would be great if someone could create some kind of universal add on to power sockets that would feed back to a central point and then the consumer could get some compensation based on the appliance and time used, could be a real money maker.
One for the Apprentice I think.
June 03, 2015, 12:09:20 PM
if it is cheap, ill buy one just for fun 
June 03, 2015, 11:57:15 AM
Well they can always use it for security lights, because they stay on for the longest period. 
{But it would be too expensive to use outdoor}
It is a very good concept, but I fail to see how it would be profitable for the consumer. If it was a wall mounted electric heater, full of ASIC's ....I could have been more happy.
The ASIC's provide the heat and some income for the consumer. How many bulbs do you need to show any Satoshi's?
This will go to my gadget box.
.... A collectors item.
{But it would be too expensive to use outdoor}It is a very good concept, but I fail to see how it would be profitable for the consumer. If it was a wall mounted electric heater, full of ASIC's ....I could have been more happy.
The ASIC's provide the heat and some income for the consumer. How many bulbs do you need to show any Satoshi's?
This will go to my gadget box.
.... A collectors item. BitFury's CEO Valery Vavilov hinted that the goal of the project would be to galvanize interest in BTC as a technology, and that making money on the initiative would be a secondary interest: "We believe that the project’s focus should not be on making money from bitcoin mining, but on creating innovative solutions with main purpose to use this product for educational purposes and fun."
IMO any business or money conscious person should evaluate how many bucks (or BTC) could get from a BTC mining bulb lamp compared with how many bucks would be saved with a energy efficient/energy saving light bulbs (thus, bucks could be reinvested in BTC via any exchange). The same reasoning would apply to any ASIC used as space heater since they may not, however, be more cost-effective than central heating systems when they are used beyond one or two small areas in a home or business. Accordingly to the US DoE estimates an electric heater when used to heat a whole home or business, costs more than double the cost of using gas furnaces to heat the same area. Would BTC price increase so much to allow ASICs to be an efficient way to replace space heaters or to allow BTC-mining light bulbs to become an efficient replacement for common light lamps?
I would like to collect at least some of such BTC-mining light bulbs, however.
June 03, 2015, 03:01:10 AM
Well they can always use it for security lights, because they stay on for the longest period. {But it would be too expensive to use outdoor}
It is a very good concept, but I fail to see how it would be profitable for the consumer. If it was a wall mounted electric heater, full of ASIC's ....I could have been more happy.
The ASIC's provide the heat and some income for the consumer. How many bulbs do you need to show any Satoshi's?
This will go to my gadget box. .... A collectors item.
{But it would be too expensive to use outdoor}It is a very good concept, but I fail to see how it would be profitable for the consumer. If it was a wall mounted electric heater, full of ASIC's ....I could have been more happy.
The ASIC's provide the heat and some income for the consumer. How many bulbs do you need to show any Satoshi's?
This will go to my gadget box.
.... A collectors item. June 03, 2015, 01:22:45 AM
People will have to get accustomed to sleeping with the light on because they won't want to turn off the hashing power!
June 03, 2015, 01:08:29 AM
I'm guessing it doesn't hash very fast, but if they can make the lightbulb last a really long time that might be ok. The original lightbulb Edison made still works, was designed to never burn out...
Anyways... Looks like this is going to be more novelty than anything. Unless huge industries decide to go all in. Light all their facilities with it. They might make a few btc.
It will be interesting to see how efficient these guys are.
Anyways... Looks like this is going to be more novelty than anything. Unless huge industries decide to go all in. Light all their facilities with it. They might make a few btc.
It will be interesting to see how efficient these guys are.
June 02, 2015, 06:09:34 AM
This is amazing! What a nice case use of normal everyday things to mine Bitcoins, while offering us a service...
Next up is our toasters mining Bitcoin
Next up is our toasters mining Bitcoin
June 02, 2015, 04:26:05 AM
BitFury to Release Light Bulbs that Mine Bitcoin in 2015
Full story: http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/
Quote
Following the revelation last week that BitFury had developed a prototype light bulb capable of mining bitcoin, the company has announced it plans to take steps to bring the devices to market in 2015.
Though much about the market strategy remains in early stages, the news follows increasing reports that industry companies are attempting to find use cases for bitcoin in line with the broader trend toward connecting everyday devices to the Internet.
BitFury said it intends to invite the community to become a part of its rollout plans, and that it would solicit ideas on how the light bulbs should be marketed to a wider audience as part of a collaborative release.
Though much about the market strategy remains in early stages, the news follows increasing reports that industry companies are attempting to find use cases for bitcoin in line with the broader trend toward connecting everyday devices to the Internet.
BitFury said it intends to invite the community to become a part of its rollout plans, and that it would solicit ideas on how the light bulbs should be marketed to a wider audience as part of a collaborative release.
Full story: http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/
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