Topic: The 21 Bitcoin Computer - page 4. (Read 11856 times)
I like the idea of the Bitcoin Computer (looks awesome) but the only thing is that it is too expensive. With less than $400, I can set up a RPI and a decent miner. It's still good though, as it's a way to encourage other people to get interested on Bitcoin
Looks like there is some demand for this product...
https://www.reddit.com/r/Bitcoin/comments/3m25ef/the_21_bitcoin_computer_is_1_seller_in_amazons/?sort=new
https://www.reddit.com/r/Bitcoin/comments/3m25ef/the_21_bitcoin_computer_is_1_seller_in_amazons/?sort=new
there will be always a little demand for everything, but it will end up at best like trezor, which isn't requested to much
Looks like there is some demand for this product...
https://www.reddit.com/r/Bitcoin/comments/3m25ef/the_21_bitcoin_computer_is_1_seller_in_amazons/?sort=new
https://www.reddit.com/r/Bitcoin/comments/3m25ef/the_21_bitcoin_computer_is_1_seller_in_amazons/?sort=new
The mining feature is not very useful, so I'm curious why they included it. My guess is that the mining feature is simply a trojan horse designed to get more people to look at their platform.
So, that means that their product will be an embedded computer running a proprietary transaction system that may or may not use off-chain bitcoins. I expect the mining feature to be dropped.
So, that means that their product will be an embedded computer running a proprietary transaction system that may or may not use off-chain bitcoins. I expect the mining feature to be dropped.
Yes.
Soon your fridge will mine Bitcoins and order free food for you.
Soon your fridge will mine Bitcoins and order free food for you.
By the time your refrigerator generated enough bitcoin to buy 1 gallon of milk it will be so far in the future we probably won't need refrigerators any more.
By the time your refrigerator generated enough bitcoin to buy 1 gallon of milk it will be so far in the future we probably won't need refrigerators any more.
Haha, good one.
Yes.
Soon your fridge will mine Bitcoins and order free food for you.
Soon your fridge will mine Bitcoins and order free food for you.
By the time your refrigerator generated enough bitcoin to buy 1 gallon of milk it will be so far in the future we probably won't need refrigerators any more.
You purchase bitcoin through purchase electricity, thus bypass the exchange. But the cost of that machine is much higher than the electricity cost, so it must be sold together with home electronics
But micro transaction kills bitcoin network, so those micro transactions will be merged together at IOT manufacturer's central server and settled from there
So the manufacturer will exactly know what you are purchasing, reading etc.But micro transaction kills bitcoin network, so those micro transactions will be merged together at IOT manufacturer's central server and settled from there
This is not good for privacy.
I think this will not be very successful, probably just an attempt of offloading unneeded ASIC chips to dumb enough people..
A society of home electronics, trading against each other using bitcoin as official currency. But what you can buy from another machine?
You purchase bitcoin through purchase electricity, thus bypass the exchange. But the cost of that machine is much higher than the electricity cost, so it must be sold together with home electronics
But micro transaction kills bitcoin network, so those micro transactions will be merged together at IOT manufacturer's central server and settled from there
So the manufacturer will exactly know what you are purchasing, reading etc.But micro transaction kills bitcoin network, so those micro transactions will be merged together at IOT manufacturer's central server and settled from there
This is not good for privacy.
I think this will not be very successful, probably just an attempt of offloading unneeded ASIC chips to dumb enough people..
A society of home electronics, trading against each other using bitcoin as official currency. But what you can buy from another machine?
I will not buy this computer... there are just too many nasty backdoors and trojans being inserted into bloatware these days. http://www.pcworld.com/article/2886278/how-to-remove-the-dangerous-superfish-adware-presintalled-on-lenovo-pcs.html
There were also people inserting mining software into pirated software a while ago... https://torrentfreak.com/new-utorrent-release-breaks-ties-with-bitcoin-miner-150413/
Whatever is added to this software, should be verified by a independent companies not associated with this them and it must be open source.
What client will be pushed? Core or XT?
There were also people inserting mining software into pirated software a while ago... https://torrentfreak.com/new-utorrent-release-breaks-ties-with-bitcoin-miner-150413/
Whatever is added to this software, should be verified by a independent companies not associated with this them and it must be open source.
What client will be pushed? Core or XT?
You purchase bitcoin through purchase electricity, thus bypass the exchange. But the cost of that machine is much higher than the electricity cost, so it must be sold together with home electronics
But micro transaction kills bitcoin network, so those micro transactions will be merged together at IOT manufacturer's central server and settled from there
So the manufacturer will exactly know what you are purchasing, reading etc.But micro transaction kills bitcoin network, so those micro transactions will be merged together at IOT manufacturer's central server and settled from there
This is not good for privacy.
I think this will not be very successful, probably just an attempt of offloading unneeded ASIC chips to dumb enough people..
Very cool idea and bravo for that. Hopefully it is simple for the user.
You purchase bitcoin through purchase electricity, thus bypass the exchange. But the cost of that machine is much higher than the electricity cost, so it must be sold together with home electronics
But micro transaction kills bitcoin network, so those micro transactions will be merged together at IOT manufacturer's central server and settled from there
But micro transaction kills bitcoin network, so those micro transactions will be merged together at IOT manufacturer's central server and settled from there
https://de.reddit.com/r/Bitcoin/comments/3m0zp5/the_8_most_informative_comments_about_21incs/
https://www.reddit.com/r/Bitcoin/comments/3lv6zj/ama_request_ceo_of_21inc_balaji_srinivasan/cv9zq9q
https://www.reddit.com/r/Bitcoin/comments/3lv6zj/ama_request_ceo_of_21inc_balaji_srinivasan/cv9zq9q
That's a good point: Machines convert electricity into bitcoins and pay for services
Yes.
Soon your fridge will mine Bitcoins and order free food for you.
implying electricity comes for free, right?
the internet of things and smarthome technology is really cool IMO, but this is not the bitcoin of things. https://de.reddit.com/r/Bitcoin/comments/3m0zp5/the_8_most_informative_comments_about_21incs/
https://www.reddit.com/r/Bitcoin/comments/3lv6zj/ama_request_ceo_of_21inc_balaji_srinivasan/cv9zq9q
https://www.reddit.com/r/Bitcoin/comments/3lv6zj/ama_request_ceo_of_21inc_balaji_srinivasan/cv9zq9q
That's a good point: Machines convert electricity into bitcoins and pay for services
Yes.
Soon your fridge will mine Bitcoins and order free food for you.
https://de.reddit.com/r/Bitcoin/comments/3m0zp5/the_8_most_informative_comments_about_21incs/
https://www.reddit.com/r/Bitcoin/comments/3lv6zj/ama_request_ceo_of_21inc_balaji_srinivasan/cv9zq9q
https://www.reddit.com/r/Bitcoin/comments/3lv6zj/ama_request_ceo_of_21inc_balaji_srinivasan/cv9zq9q
That's a good point: Machines convert electricity into bitcoins and pay for services
For the miners or people with mining experience out there...
How much Bitcoin (a rough estimate) would a person be able to mine daily by using this?
How much Bitcoin (a rough estimate) would a person be able to mine daily by using this?
you earn ~0.00055-0.0011 BTC/day or 12-24c/day ($7/mo max) with only 4c/day expense if you are at $0.1/kwh-pretty standard in US.
However, this is NOT a computer to mine, this is a computer to program stuff and GET PAID in bitcoin-maybe $hundreds or more/day.
How exactly-your imagination is the limit.
That's it! If you program based on instructions sent from 21 Inc, you will receive 1 bitcoin per 1000 lines of codes, directly paid into your wallet on this little thing
And their huge R&D project now becomes a distributed programmers' network 
But to pay $400 to join this freelance network ...
Hi,
As a long time Bitcoin Miner. I would like to clarify the Mining portion of this thing. At 120 GHS you will not be mining Bitcoins per se. You will be mining Satoshi's. Big, big difference.
To recieve even .1 Bitcoin per day takes about 15 THS at current Difficulty.
As a long time Bitcoin Miner. I would like to clarify the Mining portion of this thing. At 120 GHS you will not be mining Bitcoins per se. You will be mining Satoshi's. Big, big difference.
To recieve even .1 Bitcoin per day takes about 15 THS at current Difficulty.
For the miners or people with mining experience out there...
How much Bitcoin (a rough estimate) would a person be able to mine daily by using this?
How much Bitcoin (a rough estimate) would a person be able to mine daily by using this?
you earn ~0.00055-0.0011 BTC/day or 12-24c/day ($7/mo max) with only 4c/day expense if you are at $0.1/kwh-pretty standard in US.
However, this is NOT a computer to mine, this is a computer to program stuff and GET PAID in bitcoin-maybe $hundreds or more/day.
How exactly-your imagination is the limit.
These amaounts are really low with 400 dollars investment and also these btc computer can ship 16th November. Why will people buy this btc computer? I do not understand anything about it. I miss something.
Because "This is amazing
"https://bitcointalksearch.org/topic/m.12485714
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