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A bitcoin miner in every device and in every hand

Posted: Tue May 19, 2015 1:58 am
by ElZorro

Re: A bitcoin miner in every device and in every hand

Posted: Tue May 19, 2015 12:03 pm
by Sabre
And here I thought it was going to be about how phones/IoT/etc. are getting infected and mining... this is something very different!

Re: A bitcoin miner in every device and in every hand

Posted: Tue May 19, 2015 12:50 pm
by ElZorro
This is incredible. You want free Internet for the whole world? Put a miner (or a 1000) in every phone and let it do its thing while the phone charges. Revenue share with the phone maker, the cell provider and the end user (to cover their electricity). Do this millions of times for 8+ hrs a night, you'll fill in the digital divide a teaspoon at a time.

Re: A bitcoin miner in every device and in every hand

Posted: Tue May 19, 2015 1:58 pm
by Sabre
True!

Speaking of phone tech... I thought this was interesting: CRAYFIS
The app that turns your phone into a cosmic ray detector. No joke.
The idea
The current state of the art is large-scale arrays of custom-designed dedicated detectors. To see the highest-energy cosmic rays, we need a very large detector array of exisiting commodity hardware: the smartphones in everyone's pockets

Your phone is a detector
Modern smartphones contain high-resolution cameras with digital sensors which are sensitive to the particles in a cosmic ray shower. They know where they are (GPS) and can upload their data (wi-fi). Most importantly, there are 1.5 billion active smartphones spread across the planet. Essentially, this detector has already been deployed; all that is missing is the app to collect the data

The app
The CRAYFIS app operates in a manner similar to a screensaver. When the phone is connected to a power source and the screen goes to sleep, the app begins data-taking. No active participation is required on the part of the user after the initial download and installation.

Re: A bitcoin miner in every device and in every hand

Posted: Thu May 21, 2015 7:45 am
by Mr Kleen
ElZorro wrote:This is incredible. You want free Internet for the whole world? Put a miner (or a 1000) in every phone and let it do its thing while the phone charges. Revenue share with the phone maker, the cell provider and the end user (to cover their electricity). Do this millions of times for 8+ hrs a night, you'll fill in the digital divide a teaspoon at a time.
But if everyone has a [digital currency unit] won't they be essentially worthless?

Re: A bitcoin miner in every device and in every hand

Posted: Thu May 21, 2015 3:33 pm
by ElZorro
Mining gets harder and harder over time, so there is a scarcity element. Its like paper currency, if USG printed infinite money then each individual unit would be worthless.