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Topic: [2017-08-26] Manufacturing Giant Midea Seeks Household Appliance Mining Patent (Read 2554 times)

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Public records reveal the large Chinese electrical appliance manufacturer, Midea Group, recently applied for a patent that enables bitcoin mining through household appliances.

The patent published this past spring, describes bitcoin miners powered by everyday household devices, like an air conditioner, one of the company’s biggest products. Last November the firm applied for the patent called a “Method and system for digging [mining] bitcoins by using household appliances,” through Midea’s Wuhu Meizhi air conditioning company. The inventor of the patent is an individual named Chen Junji and the author of the concept states;

“The invention particularly relates to a method and a system for digging [mining] bitcoins by using a household appliance,” explains the patent found at China’s trademark office. “The method comprises the following steps: controlling network access of the household appliance, and logging in to a bitcoin account via the household appliance.”

Read More Here >>> https://news.bitcoin.com/chinese-manufacturing-giant-midea-seeks-household-appliance-mining-patent/
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