It's official: They are going to put miners in toasters.
I just don't get it...
I guess they are dipping their toes into the future of the internet of things, distributed payment systems along with mass user data gathering, and foreseeing a time when mining as we know it may have to change. I am guessing the toaster is an experiment, a working test unit, there are other devices and utilities that could also do the same thing, I guess if they can prove the concept with a toaster, then they can roll it out to other common devices, all of which in the very near future will be interconnected to the internet of things, there is I feel an
opportunity for BTC/cryptocurrency and blockchains to be a part of this, potentially not just to mine, or facilitate payments, but track unit id's, warranties, maintenance schedules, reordering supplies etc.
If they can pull something like this off, it could be of benefit by strengthening the network, redistribute mining power, and support the blockchain from dwindling profits in the mining world. Let alone the potential for big data gathering, and machine learning driven solutions towards more efficient solutions in the real world with the knock on effects of enabling commerce across the network, connected to the internet of things.
Or maybe they just want all of your Bitcoins/Fiat
(ps- and they are NOT the only well funded players looking into this ^^)
Show Posts
