The 21 Bitcoin Computer - page 7. | Bitcointalksearch.org

Come-from-Beyond

legendary

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Newbie

Quote from: brg444 on September 22, 2015, 12:16:34 PM

Maybe you just need to accept that this product is not addressed to you or any regular consumer for that matter...?

You may be right.

Quote from: brg444 on September 22, 2015, 12:16:34 PM

On the other hand I see a trove of engineers/developers pretty excited about it on Twitter.

Good, at least 21 Inc. can cover their expenses. Maybe they'll even earn some extra.

brg444

hero member

Activity: 644

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Bitcoin replaces central, not commercial, banks

Quote from: isvicre on September 22, 2015, 12:54:00 PM

I read comments, almost everybody bury this device. If nobody in Bitcointalk wants to buy I wonder who will they sell these for? Almost everybody who use Bitcoin in the world have an account here. People read this thread and decide not to buy.

Bitcoiners and their entitlement. The world doesn't revolve around you, you know?

"I can't use this thing! It's worthless!"

21Bitcoinpower

newbie

Activity: 12

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http://ecx.images-amazon.com/images/I/91aUgUqFTIL._SL1500_.jpg

1. Raspberry Pi 2: $35
2. 128 GB memory card: $75.95
3. Raspberry Pi B+ Power Supply: $6.99
4. Raspberry Pi WIFI Adapter: $8.56
5. Raspberry Pi Cooling Fan: $7.99
6. USB to TTL Serial Cable: $9.95
7. Heat sink: $10
8. 125 gh/s USB miner: $93

The total cost of these components is $247.44.

isvicre

hero member

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I read comments, almost everybody bury this device. If nobody in Bitcointalk wants to buy I wonder who will they sell these for? Almost everybody who use Bitcoin in the world have an account here. People read this thread and decide not to buy.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: monsanto on September 22, 2015, 12:14:19 PM

Quote from: brg444 on September 22, 2015, 11:48:09 AM

Quote from: Come-from-Beyond on September 22, 2015, 11:38:51 AM

Quote from: brg444 on September 22, 2015, 11:30:40 AM

Good thing the point of these device is absolutely not to earn revenue through mining subsidy

The description of 21 Bitcoin Computer lacks solid vision of its purpose, maybe you could explain what IT-industry niche this device will shine in?

The Bitcoin Computer is a dev kit. A prototype for engineers and developers to tinker with and develop future use cases. The possibilities are endless, 21inc is not concerned with creating the tools to enable these use cases.

I thought this article did a good job of explaining what these could be...
https://medium.com/@21dotco/a-bitcoin-miner-in-every-device-and-in-every-hand-e315b40f2821

There are simply too many lucrative opportunities for 21inc to be bothered with Wink

.

I realize there was a typo in the post you quoted.

21inc. are creating the tools and building the infrastructure for the Internet of Value.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Come-from-Beyond on September 22, 2015, 12:10:23 PM

Quote from: brg444 on September 22, 2015, 12:00:37 PM

How is it misleading?

Overall impression after reading that article is much better than impression I've got after reading the description of the final product. Dunno why, but I feel sorry for 21 Inc. engineers who aimed such great goals but seem to fail to achieve most of them. For me it looks like there was set a hard deadline and the engineers were forced to release a half-baked product, I believe 3-6 months more and they would come with a much better solution...

Well, I think I'll step back into the shadows and let others to express their disappointment.

Maybe you just need to accept that this product is not addressed to you or any regular consumer for that matter...?

On the other hand I see a trove of engineers/developers pretty excited about it on Twitter.

monsanto

legendary

Activity: 1241

Merit: 1005

..like bright metal on a sullen ground.

Quote from: brg444 on September 22, 2015, 11:48:09 AM

Quote from: Come-from-Beyond on September 22, 2015, 11:38:51 AM

Quote from: brg444 on September 22, 2015, 11:30:40 AM

Good thing the point of these device is absolutely not to earn revenue through mining subsidy

The description of 21 Bitcoin Computer lacks solid vision of its purpose, maybe you could explain what IT-industry niche this device will shine in?

The Bitcoin Computer is a dev kit. A prototype for engineers and developers to tinker with and develop future use cases. The possibilities are endless, 21inc is not concerned with creating the tools to enable these use cases.

I thought this article did a good job of explaining what these could be...
https://medium.com/@21dotco/a-bitcoin-miner-in-every-device-and-in-every-hand-e315b40f2821

There are simply too many lucrative opportunities for 21inc to be bothered with Wink

.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: smooth on September 22, 2015, 12:06:58 PM

Quote from: o0o0 on September 22, 2015, 05:53:02 AM

Quote from: smooth on September 22, 2015, 05:25:17 AM

Quote from: LiteCoinGuy on September 22, 2015, 04:42:52 AM

main problem: people dont understand the vision of that company.

[ ] This is the fault of the (non) customers for being too stupid (or just not psychic enough)

[ ] This is the fault of the company for not communicating its vision effectively.

Needs more info i'll agree but it is preorders and I think this initial round is very developer centric and test bed while they fine tune a more cut down device.. I guess consider it like an occulus rift dev kit?

It was and is easy to understand the vision of OR.

21inc. project involves a whole new paradigm of machine-to-machine value transfer and integration into IoT.

Now you might think IoT is a gimmick (I did for awhile) but what 21inc. is trying to do brings a whole new aspect to it.

What OR was/is doing was nothing particularly groundbreaking. The execution is but the vision is something people had envisioned for a long, long time.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: brg444 on September 22, 2015, 12:00:37 PM

How is it misleading?

Overall impression after reading that article is much better than impression I've got after reading the description of the final product. Dunno why, but I feel sorry for 21 Inc. engineers who aimed such great goals but seem to fail to achieve most of them. For me it looks like there was set a hard deadline and the engineers were forced to release a half-baked product, I believe 3-6 months more and they would come with a much better solution...

Well, I think I'll step back into the shadows and let others to express their disappointment.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: o0o0 on September 22, 2015, 05:53:02 AM

Quote from: smooth on September 22, 2015, 05:25:17 AM

Quote from: LiteCoinGuy on September 22, 2015, 04:42:52 AM

main problem: people dont understand the vision of that company.

[ ] This is the fault of the (non) customers for being too stupid (or just not psychic enough)

[ ] This is the fault of the company for not communicating its vision effectively.

Needs more info i'll agree but it is preorders and I think this initial round is very developer centric and test bed while they fine tune a more cut down device.. I guess consider it like an occulus rift dev kit?

It was and is easy to understand the vision of OR.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Come-from-Beyond on September 22, 2015, 11:54:00 AM

Quote from: brg444 on September 22, 2015, 11:48:09 AM

I thought this article did a good job of explaining what these could be...
https://medium.com/@21dotco/a-bitcoin-miner-in-every-device-and-in-every-hand-e315b40f2821

That article is misleading. I would argue on "A new approach to micropayments", "Decentralized device authentication" looks suspicious in the light of 21 Inc. ToS saying that they can collect any data and hand them over to legal authorities, other bullet points don't sound good too...

How is it misleading?

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: brg444 on September 22, 2015, 11:48:09 AM

I thought this article did a good job of explaining what these could be...
https://medium.com/@21dotco/a-bitcoin-miner-in-every-device-and-in-every-hand-e315b40f2821

That article is misleading. I would argue on "A new approach to micropayments", "Decentralized device authentication" looks suspicious in the light of 21 Inc. ToS saying that they can collect any data and hand them over to legal authorities, other bullet points don't sound good too...

DooMAD

legendary

Activity: 3948

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Leave no FUD unchallenged

Quote from: Come-from-Beyond on September 22, 2015, 11:38:51 AM

Quote from: brg444 on September 22, 2015, 11:30:40 AM

Good thing the point of these device is absolutely not to earn revenue through mining subsidy

The description of 21 Bitcoin Computer lacks solid vision of its purpose, maybe you could explain what IT-industry niche this device will shine in?

If the concept works, it might create a brand new one. Think of these devices not as an end product, but both a tool with which to build something and the foundation to build it upon. If something like this, or a more advanced version down the line, is integrated into various electronics, the result is the 'Internet of Things'. If it works, that is.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Come-from-Beyond on September 22, 2015, 11:38:51 AM

Quote from: brg444 on September 22, 2015, 11:30:40 AM

Good thing the point of these device is absolutely not to earn revenue through mining subsidy

The description of 21 Bitcoin Computer lacks solid vision of its purpose, maybe you could explain what IT-industry niche this device will shine in?

The Bitcoin Computer is a dev kit. A prototype for engineers and developers to tinker with and develop future use cases. The possibilities are endless, 21inc is concerned with creating the tools to enable these use cases.

I thought this article did a good job of explaining what these could be...
https://medium.com/@21dotco/a-bitcoin-miner-in-every-device-and-in-every-hand-e315b40f2821

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: brg444 on September 22, 2015, 11:30:40 AM

Good thing the point of these device is absolutely not to earn revenue through mining subsidy

The description of 21 Bitcoin Computer lacks solid vision of its purpose, maybe you could explain what IT-industry niche this device will shine in?

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: odolvlobo on September 22, 2015, 11:21:48 AM

With regard to mining, you are better off buying two Antminer U3s for $40 instead a 21 device for $400.

Good thing the point of these device is absolutely not to earn revenue through mining subsidy

odolvlobo

legendary

Activity: 4466

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With regard to mining, you are better off buying two Antminer U3s for $40 instead a 21 device for $400.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Come-from-Beyond on September 22, 2015, 11:01:48 AM

Quote from: brg444 on September 22, 2015, 10:56:15 AM

There is a reason why we cannot fit millions of micro/nano transactions on the blockchain.

What is this reason?

Did we already forget the blocksize debate? Cheesy

The reasons are quite obvious... the Bitcoin protocol is not efficient enough to process these.

Even if it was the average transaction fee is larger than what you'd consider microtransactions (you cannot send satoshi using the blockchain right now)

adamstgBit

legendary

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