Biodom (OP)
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September 02, 2015, 02:19:55 AM Last edit: September 02, 2015, 01:13:58 PM by Biodom |
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News: http://bitcoinist.net/exclusive-interview-jihan-wu-bitmain-s7-block-size-debate/The AntRouter is its final stage of development. The first generation will use the BM1384 chip. A simple device that will mine BTC and have other useful fucntions. Care to speculate re characteristics? I see a 50-55W, 100Gh device for $49.99
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alh
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September 02, 2015, 07:29:24 AM |
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This will be interesting to watch. I expect that Bitmain will get their a** handed to them when they try and mix it up with the classic router companies. Maybe they'll sell some number of novelty routers to folks that want something odd, but beyond that I expect it will be a complete non-event, both for the router business, and the Bitcoin mining business.
Yes, I am that down on the "Lets have overpriced mining hardware wherever we can" plans.
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Biodom (OP)
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September 02, 2015, 01:09:54 PM |
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1. OK, but difficult to find. who knew it is called Antminer R1? Bitmain says Antrouter. 2. this thread is in SPECULATION, and the one you pointed to is in HARDWARE. Suffice it to say, at this point this is still speculation. 3. Speculation threads tend to die off once the product is actually announced as the main threads start in hardware, which is fine.
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TheRealSteve
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September 02, 2015, 01:41:45 PM |
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OK, but difficult to find. All the more reason to point to it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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alh
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September 03, 2015, 06:09:18 AM |
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OK, but difficult to find. All the more reason to point to it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I think the article neglected to mention it's most useful function: "Extract money from people who don't understand the difference between a router and a Bitcoin miner". ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Biodom (OP)
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September 03, 2015, 01:55:38 PM |
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OK, but difficult to find. All the more reason to point to it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I think the article neglected to mention it's most useful function: "Extract money from people who don't understand the difference between a router and a Bitcoin miner". ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) we don't know what it will have. I don't think that this is for experienced miners, but for Mr Public, especially game playing kids. It will probably come with a bitcoin wallet included, where mined btc will be deposited and with hookups to places where you can buy or spend BTC (probably including pacmic and hashnest for Bitmains benefit, of course). This would be an introductory piece to bitcoin, and if done right, it could be successful. No guarantees, of course.
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jonnybravo0311
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September 04, 2015, 01:20:06 PM |
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It also certainly seems like they're taking the fight directly to 21 Inc and their Bitcoin of Things initiative. Other than space heaters, miners have served no other purpose besides the mining of coins. Seems like a good first step into the fray - everyone needs a router ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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alh
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September 04, 2015, 04:54:49 PM |
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Interesting you mention 21 Inc. I have heard approximately zero about them since before the summer. Shouldn't they have something to show by now, or are they still spending the $116M from investors on Hookers and Blow? I expect $116M takes a while to spend.
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Biodom (OP)
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September 04, 2015, 05:47:24 PM |
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Interesting you mention 21 Inc. I have heard approximately zero about them since before the summer. Shouldn't they have something to show by now, or are they still spending the $116M from investors on Hookers and Blow? I expect $116M takes a while to spend.
who knows, maybe they are switching to "permissioned" ledgers crowd, which would be a negative.
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Xialla
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September 04, 2015, 10:04:23 PM |
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for me it is more or less like marketing step. due to higher power consumption and waste heat, it is not something, which anybody should use instead of RPi with some cheap mining USB stick.
for this "bitcoin router", I bet that difference between standard router and bitcoin router will be higher, than amount of bitcoins, which this will be capable to mine. sadly, I don't see any segment, which will be about to buy this kind of stuff..
my advice: buy standard AC router and few bitcoins instead of this stupid hybrid non-sense:)
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jonnybravo0311
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September 05, 2015, 01:36:49 PM |
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It's a marketing gimmick, but it also represents a step in the direction of commoditizing bitcoin mining. Right now you've basically got a few players in the game: KnC, BitFury, Bitmain. These are the folks who are producing chips in massive numbers and their sole market is the dedicated mining business where they fill datacenters with gear. Yes, Bitmain sells to the public still, but that segment of the market continues to shrink. Not too many folks are throwing dedicated mining hardware in their homes any more.
So what can you do to try and capture more market share? You throw your chips into items everyday consumers purchase: routers, coffee makers, toasters, refrigerators, cable boxes, gaming systems, etc. Now you're potentially making deals with big brand names like Samsung, LG, GE, Whirlpool, etc.
Bitmain's controller boards in their miners already run OpenWRT, so it's not too much of a stretch to produce their own router hardware.
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Biodom (OP)
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September 05, 2015, 05:50:07 PM |
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It's a marketing gimmick, but it also represents a step in the direction of commoditizing bitcoin mining. Right now you've basically got a few players in the game: KnC, BitFury, Bitmain. These are the folks who are producing chips in massive numbers and their sole market is the dedicated mining business where they fill datacenters with gear. Yes, Bitmain sells to the public still, but that segment of the market continues to shrink. Not too many folks are throwing dedicated mining hardware in their homes any more.
So what can you do to try and capture more market share? You throw your chips into items everyday consumers purchase: routers, coffee makers, toasters, refrigerators, cable boxes, gaming systems, etc. Now you're potentially making deals with big brand names like Samsung, LG, GE, Whirlpool, etc.
Bitmain's controller boards in their miners already run OpenWRT, so it's not too much of a stretch to produce their own router hardware.
bitmain also promises additional functions, which would most likely be either a wallet or hashnest/pacmic integration or both. maybe a trezor-like function plus router plus a bit of mining plus an exchange hookup thrown in, so you see some coin accumulation in your wallet. This would cerainly attract some people, then allow him/her to purchase more essentially effortlessly.
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