Well they can always use it for security lights, because they stay on for the longest period.
{But it would be too expensive to use outdoor}
It is a very good concept, but I fail to see how it would be profitable for the consumer. If it was a wall mounted electric heater, full of ASIC's ....I could have been more happy.
The ASIC's provide the heat and some income for the consumer. How many bulbs do you need to show any Satoshi's?
This will go to my gadget box.
.... A collectors item.
BitFury's CEO Valery Vavilov hinted that the goal of the project would be to galvanize interest in
BTC as a technology, and that making money on the initiative would be a secondary interest:
"We believe that the project’s focus should not be on making money from bitcoin mining, but on creating innovative solutions with main purpose to use this product for educational purposes and fun." IMO any business or money conscious person should evaluate how many bucks (or
BTC) could get from a
BTC mining bulb lamp compared with how many bucks would be saved with a energy efficient/energy saving light bulbs (thus, bucks could be reinvested in
BTC via any exchange). The same reasoning would apply to any ASIC used as space heater since
they may not, however, be more cost-effective than central heating systems when they are used beyond one or two small areas in a home or business. Accordingly to the US DoE estimates an electric heater when used to heat a whole home or business, costs more than double the cost of using gas furnaces to heat the same area. Would
BTC price increase so much to allow ASICs to be an efficient way to replace space heaters or to allow
BTC-mining light bulbs to become an efficient replacement for common light lamps?
I would like to collect at least some of such
BTC-mining light bulbs, however.
