Whenever I hear about toasters, microwaves or fridges mining bitcoin I assume its an April fools joke because I've never heard anything so ridiculous in my life.
We all know how difficult it is to mine now even with dedicated latest generation hardware consuming lots of electricity and generating lots of heat.
So how anyone thinks a toaster or fridge will do the same is beyond me, the only scenario I can think of is that it's got a small miner built in which at best might make you dust everyday in which case it's pretty much useless.
you are correct. A 24/7/365 side miner in a home really only works for people burning the power already. I live in NJ there are a lot of homes with base board electric radiator heating. By a lot 10's of thousands. They heat the home with power hungry heaters from NOV to APR spending 300 to 500 a month. They can use this https://www.acwholesalers.com/Cadet/4F1000A-1000W-240V-4-Foot-electric-baseboard-Heater-Almond/39440.acor use this a 3 pack https://ehash.com/product/avalon4-3t-suite-2/a 1 pack https://ehash.com/product/avalon4-module-1t/1 heating season just 1 and they made up for the extra setup cost. I can not fathom this market being ignored yet it is to a large extent. Remember that home owner will be heating the home for years to come. If you're using electric heating then miners are a perfect alternative as they probably consume similar power for similar heat output. I was using miners to heat parts of my home last winter rather than electric heaters. I might even will probably do the same again next winter  . |
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Newbie selling a $15k gift card. What could possibly go wrong  . |
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Looks like krankyfreak is no more.
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Long story short.
I bought this phone from op.
The phone is blocked not only in UK but at my place to.
The phone is at my place not at OP.
The price of the phone is still in escrow, and no solution for the problem for approx. 2 months.
I remember now but that was an iPhone 6: https://bitcointalk.org/index.php?topic=1003549.0If I were you I'd get your money back because there is no way you will ever get it unblocked. There was a misread in the other thread, I think me and hiphiphurray are missed it. It's an 5s and not a 6. I'll delete my post from the the other thread, sorry for that. I don't understand, If you have the phone why is he trying to sell it again on this thread? Because he wants me to ship the phone to the other buyer...... (I won't do that.) He wants to do some money but I don't really understand how.... He'd like to sell the phone, want me to send to the buyer then agree to refund the escrow. Or something like this. What a mess  |
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OP hasn't been online since making first post 10 days ago.
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Long story short.
I bought this phone from op.
The phone is blocked not only in UK but at my place to.
The phone is at my place not at OP.
The price of the phone is still in escrow, and no solution for the problem for approx. 2 months.
I remember now but that was an iPhone 6: https://bitcointalk.org/index.php?topic=1003549.0If I were you I'd get your money back because there is no way you will ever get it unblocked. There was a misread in the other thread, I think me and hiphiphurray are missed it. It's an 5s and not a 6. I'll delete my post from the the other thread, sorry for that. I don't understand, If you have the phone why is he trying to sell it again on this thread? |
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Long story short.
I bought this phone from op.
The phone is blocked not only in UK but at my place to.
The phone is at my place not at OP.
The price of the phone is still in escrow, and no solution for the problem for approx. 2 months.
I remember now but that was an iPhone 6: https://bitcointalk.org/index.php?topic=1003549.0If I were you I'd get your money back because there is no way you will ever get it unblocked. |
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Maybe you're right perhaps hardware manufacturers are working on new chips and keeping it under wraps. Suppose we'll just have to wait and see.
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So how anyone thinks a toaster or fridge will do the same is beyond me, the only scenario I can think of is that it's got a small miner built in which at best might make you dust everyday in which case it's pretty much useless. The way I'd see such a business model work - somewhat - is if the miner is indeed a small miner (low hash rate, but also low heat, probably passively cooled and potentially using the excess heat for work), but playing the lottery. The miner itself can be a minor cost (doesn't need to be the latest design, doesn't even need to be custom designed - buy an existing declared-obsolete one) relative to the appliance. The electricity cost is entirely for the user. Any found blocks, you get to keep the reward and you may or may not decide to split that with the user. Even at slim chances, this could theoretically be profitable. Even if the mining itself ends up being useless, you could still try to monetize it by requiring users to connect to a specific pool - this alone gives you things like IP data. Add an appliance ID and a unique ID and now you've got things to sell to marketing groups.. "User X has appliances A, B and D and research shows they might be interested in G". But all of that has very little to do with putting mining in the hands of users as a direct cause; any IoT (ew.) company can do that, so the mining bit would only be the schtick to try and lure people into buying your device, and not a competitor's. Crazier things have happened, but it still seems highly unlikely to be a model pursued anytime soon (if anything, this would have worked better in the past). It could just be me but I never understood playing the "lottery". A few might win huge sure, but few and far between. I do think it's neater then playing regular lotto tickets. But personally I like the pool idea. I can take all my miners together. And as a hobby miner i can mix with ton's of other miners, and can get paid based on luck such as antpool or guaranteed even with f2pool. If decent electricity price either one of these options is my favorite compared to lotto. I still don't see how its worth the time and effort developing the items. At best you'd squeeze a tiny usb type miner in a toaster. Alright it might only use a few watts of power but even if it was rated at 10 GH/s it would only produce 0.0001btc a day and that's at todays difficulty. Solo mining it would take about 236836 days (648 years) on average to find a block, again at todays difficulty. http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=10.00&p=10&pc=0.10&pf=0.00&d=47643398017.80340000&r=25.00000000&er=242.19000000&hc=0.00Just seems like a lot of time and effort for nothing to me. |
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It there anything official from Spondoolies to whether they will be supplying hardware again? I've scanned through recent posts on this thread but can't find any answers.
pretty much the reason they won't answer is the answer..it just don't pay...I think they are going the way of KNC with their new partnership...now if the price of BTC would go up our odds would increase...but me I'm only interested in a home miner and those days are past...... I'm starting to agree that perhaps hardware manufacturers have realised with current difficulty and bitcoin price its not worth investing into equipment for home miners. Or perhaps the current latest generation of chips are as efficient as 'affordable' chips can be produced. Taking them to another level just isn't cost effective. |
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Whenever I hear about toasters, microwaves or fridges mining bitcoin I assume its an April fools joke because I've never heard anything so ridiculous in my life.
We all know how difficult it is to mine now even with dedicated latest generation hardware consuming lots of electricity and generating lots of heat.
So how anyone thinks a toaster or fridge will do the same is beyond me, the only scenario I can think of is that it's got a small miner built in which at best might make you dust everyday in which case it's pretty much useless.
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It there anything official from Spondoolies to whether they will be supplying hardware again? I've scanned through recent posts on this thread but can't find any answers.
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OK, what is the reason that got it barred in the UK?
You didn't mention that or at least I didn't see it.
Probably claimed as lost or stolen. I buy phones from many people and i sell them. One from ten gets barred. I don't ask where they come from. Maybe someone just sold it and said to their insurance company they lost it so they blocked the original phone and gave a new one to them. At least you're honest. As far as I know you can't get a blocked iPhone unblocked in the UK once its been reported as lost or stolen because the IMEI number goes on a barred database with all carriers. It's then virtually impossible to get it unbarred unless you're the 'original owner' and have found your lost or stolen phone. |
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OP just doesn't get it. You are wasting your time here.
So i should sell it in digital goods? Yes I'd try and sell it in digital goods with plenty of proof that you have it and its legit. Even then you will struggle because there are so many scam attempts on here. Alternatively you can buy the ps4 or another in demand item, then when you have it in your possession take plenty of pictures with your username and date in shot and list it here. |
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This will be shipped directly from amazon and the escrow must release the fund when it is shipped and i provide the tracking number
What's more worrying for me is he wants escrow released when he provides a shipping number not after the goods arrive. |
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So are Spondoolies going to be releasing new hardware or getting new stock of current hardware anytime soon?
Maybe Miner Edge bought up or reserved the last of their current gen chips? Just coincidence that they ran out of stock close to around the same time that partnership was announced? So does that mean they aren't going to supply hardware to the general public again and this partnership is purely a cloud mining venture? Miner Edge plans to sell to anyone who wants to buy I'm pretty sure, but their form factor isn't conducive to the average home miner since it needs something like 6KW of water cooling. Ah ok thank you I see why that would rule out home mining for most people. |
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So are Spondoolies going to be releasing new hardware or getting new stock of current hardware anytime soon?
Maybe Miner Edge bought up or reserved the last of their current gen chips? Just coincidence that they ran out of stock close to around the same time that partnership was announced? So does that mean they aren't going to supply hardware to the general public again and this partnership is purely a cloud mining venture? |
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So are Spondoolies going to be releasing new hardware or getting new stock of current hardware anytime soon?
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How can it be brand new yet barred from the UK?
Phones only get barred when they're stolen or lost and the owner contacts the carrier to do so.
Exactly! There's something very shady about this. |
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