Guys please help me out. What if 21 inc. starts to bring out it's embedded mining chips for smartphones, routers, and several other devices? To mine some dust of coins these devices have to run a full node client right? I mean this COULD mean an explosion of network nodes or how will they be able to mine otherwise?
This isn't correct. First of, I don't see the benefit in this. Anyone who mines with any of these devices would be doing so at a loss. Essentially the people that would mine like that are the ones that truly support the network.
You don't understand this correctly. There are 2 cases:
If you're solo mining, then you need the entire blockchain. If you don't have the last block yet, the network will most likely reject your mined blocks since you're already behind the chain.
If you're mining in a pool, then you don't need to download the blockchain. You just point your miner at a pool and start mining.
I hardly doubt that there is going to be enough storage in those devices to run full nodes as the blockchain is already at ~40GB.
No, it would not "work" in the sense that it'd be usable.
But it could still accept transactions, let miners verify them and append new blocks to the chain, technically.
All it takes for bitcoin to survive though, is really just a single copy of the blockchain, not even a running node.
To sum it up,
a network with a decent number of nodes is really desirable.Yeah, we weren't really going in the same direction with this. I was trying to point out that it wouldn't be usable with a very low number of nodes. However, I do agree with you as our conclusion seems to be the same.