21 co introducing bitcoin [mining+] computer for $399.99 (unofficial thread)

[Biodom]

Bamm!
https://21.co/
http://www.amazon.com/gp/product/B014RD021C?camp=1789&creative=9325&creativeASIN=B014RD021C

coming on Nov 16, opened for preorder. They will probably explain everything tomorrow at the Cisco meet.

The 21 Bitcoin Computer is the first computer with native hardware and software support for the Bitcoin Protocol.

It allows you to:

Buy digital goods with the constant stream of bitcoin mined by a 21 Bitcoin Chip
Sell anything to anyone for bitcoin with the built-in 21 Micropayments Server
Easily build Bitcoin-payable apps, services, and devices
Operate it as a standalone computer, or connect it to any Mac, Windows, or Linux machine

It includes:

A powerful command line interface
A 128 GB SD card loaded with a full copy of the Blockchain
A suite of pre-configured Bitcoin-dependent software
All the items you need to get started - including a WiFi adapter, laptop-to-device cable, Raspberry Pi 2, and power supply

[cryptoglance]

$400 for an API, a couple apps, and 50-125GH of hashing @ 0.16gh/j ?

[Biodom]

$400 for an API, a couple apps, and 50-125GH of hashing @ 0.16gh/j ?

redditors think that it would be a developer tool and a way to get bitcoin income from your unique services.

[J4bberwock]

No hashrate, no technical specs...

Edit: they are in the FAQ, but it doesn't really change the statement that this is quite expensive for what it is.


If I really wanted something similar, I'd buy a RPi 2 with 1 or 2 of sidehack's usb miners, it'll be cheaper, and I'll support community.

[MCHouston]

No hashrate, no technical specs...

This is from their page its pretty far down the list though.

"21 Bitcoin Chip has an efficiency of approximately 0.16 Joules per Gigahash and can calculate 50-125 Gigahashes per second."

[Biodom]

No hashrate, no technical specs...

This is from their page its pretty far down the list though.

"21 Bitcoin Chip has an efficiency of approximately 0.16 Joules per Gigahash and can calculate 50-125 Gigahashes per second."

micropayments services support is maybe something that could be exciting, mining alone-of course not, despite pretty good efficiency of 0.16w/Gh.
College students might like to fiddle with this.

In addition:

Because the 21 Bitcoin Computer is a full computer, you can make essentially any internet-accessible device bitcoin-rentable.

This basically means that it would be easy to rent out your hashing power if you want to do it without going through third party services.

[majestymage]

expensive but interesting.. maybe the next generation it will be a all in one gadget( miner-computer-wallet-etc  )

[notlist3d]

No hashrate, no technical specs...

This is from their page its pretty far down the list though.

"21 Bitcoin Chip has an efficiency of approximately 0.16 Joules per Gigahash and can calculate 50-125 Gigahashes per second."

I really want to justify it to be able to try something from them.  But at 400 dollars for a RPI and a board thrown on top I cant do that.   

This has to be one huge profit margin item.  But i find the joules per gigahash interesting they are beating the S7.  If they would make a "real" miner with that chip could be nice.

[notlist3d]

No hashrate, no technical specs...

This is from their page its pretty far down the list though.

"21 Bitcoin Chip has an efficiency of approximately 0.16 Joules per Gigahash and can calculate 50-125 Gigahashes per second."

I really want to justify it to be able to try something from them.  But at 400 dollars for a RPI and a board thrown on top I cant do that.   

This has to be one huge profit margin item.  But i find the joules per gigahash interesting they are beating the S7.  If they would make a "real" miner with that chip could be nice.

https://blockchain.info/pools

4% of the network, I am pretty sure they have real miners with that chip just nothing we have seen yet.

By the way it is 128gb sd card (50$)
rpi 2 and wifi adapter (50$)
120gh stick miner (50-100$)
board with unique api and tools (full node out of the box )~200$

it is a lot in one package but it is the very first release and it isn't meant for everyone according to their site "As we have noted above: this is a machine built for developers and early adopters. "

When they push out for the mass population expect a different price and a much nicer package.

Sure they have it internally.  But we don't really know if we will see them anytime soon.  I am happy they are at releasing something even though i think it is more PR then a product they expect sales on.

If they release "real" miners at a decent price and more efficient then the S7 then I think it will be exciting. I hope they do choose to release more to public as that would help instead of having 1 main company like it is now.

[Biodom]

No hashrate, no technical specs...

This is from their page its pretty far down the list though.

"21 Bitcoin Chip has an efficiency of approximately 0.16 Joules per Gigahash and can calculate 50-125 Gigahashes per second."

I really want to justify it to be able to try something from them.  But at 400 dollars for a RPI and a board thrown on top I cant do that.    

This has to be one huge profit margin item.  But i find the joules per gigahash interesting they are beating the S7.  If they would make a "real" miner with that chip could be nice.

https://blockchain.info/pools

4% of the network, I am pretty sure they have real miners with that chip just nothing we have seen yet.

By the way it is 128gb sd card (50$)
rpi 2 and wifi adapter (50$)
120gh stick miner (50-100$)
board with unique api and tools (full node out of the box )~200$

it is a lot in one package but it is the very first release and it isn't meant for everyone according to their site "As we have noted above: this is a machine built for developers and early adopters. "

When they push out for the mass population expect a different price and a much nicer package.

Sure they have it internally.  But we don't really know if we will see them anytime soon.  I am happy they are at releasing something even though i think it is more PR then a product they expect sales on.

If they release "real" miners at a decent price and more efficient then the S7 then I think it will be exciting. I hope they do choose to release more to public as that would help instead of having 1 main company like it is now.

I think the gist of it is that the aim of this product is to get you bitcoin income stream for services in addition to mining.

[bitcoinarnold]

$400 for an API, a couple apps, and 50-125GH of hashing @ 0.16gh/j ?

redditors think that it would be a developer tool and a way to get bitcoin income from your unique services.

now this is interesting. may buy one to host a couple of my side projects that are laying around

[Mikestang]

Buy digital goods with the constant stream of bitcoin mined by a 21 Bitcoin Chip

Hmm, I wonder what types of goods I'll be able to purchase with my constant stream of 10 cents per day (assuming free electricity)?

This thing will never ROI, let alone generate any income worth spending.

This is what over $100,000,000 in investment yields?  Color me unimpressed.

If you polled "the bitcoin community" I bet the #1 thing most requested would be affordable, efficient, quiet home-scale miners for the masses.  A "bitcoin computer" like this probably wouldn't even make the top ten list.

[bitcoinarnold]

$400 for an API, a couple apps, and 50-125GH of hashing @ 0.16gh/j ?

redditors think that it would be a developer tool and a way to get bitcoin income from your unique services.

now this is interesting. may buy one to host a couple of my side projects that are laying around

I am not sure I understand how this would work, it mentions an example of a 3d printer is it saying you could set the cost of printing an item by weight or cm and someone could pay it and access your 3d printer all without any interaction of you until you print it to them or something along those lines?

judging from what I see here https://21.co/#section-env it looks like a CLI to host/buy/sell digital endpoints (API's). I have some side projects related to sentiment analysis / stock market analysis, I'd like to do something with instead of having them rot in my /projects folder.  

[ny2cafuse]

21 has a bunch of positions listed on Angel.Co:

https://angel.co/21/jobs

They claim to have developed a chip that can be put into any internet connected device.  The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software.

-Fuse

[alh]

21 has a bunch of positions listed on Angel.Co:

https://angel.co/21/jobs

They claim to have developed a chip that can be put into any internet connected device.  The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software.

-Fuse

If it is their same chip in this miner 125gh in a lightbulb or other devices seems pretty damn nice actually, I may be doing the math wrong but 125gh/s would be 20w right?

My bet is that the .16J/GH is at 50GH, and not 120GH. That works out to 8W which is interesting and within striking distance of a USB port that's can supply almost 2Amps. Push it to 120GH, and you are no longer in USB territory.

[Biodom]

21 has a bunch of positions listed on Angel.Co:

https://angel.co/21/jobs

They claim to have developed a chip that can be put into any internet connected device.  The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software.

-Fuse

I like the names of some of their positions: "Growth hacker"-sounds interesting.

[Biodom]

21 has a bunch of positions listed on Angel.Co:

https://angel.co/21/jobs

They claim to have developed a chip that can be put into any internet connected device.  The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software.

-Fuse

If it is their same chip in this miner 125gh in a lightbulb or other devices seems pretty damn nice actually, I may be doing the math wrong but 125gh/s would be 20w right?

My bet is that the .16J/GH is at 50GH, and not 120GH. That works out to 8W which is interesting and within striking distance of a USB port that's can supply almost 2Amps. Push it to 120GH, and you are no longer in USB territory.

20 light bulbs (say, each $15, 20w=125Gh for mining, rest for light)=2.5TH, then it all converges through wi-fi on this device and you've got 2.5-2.6Th for $700 and only 416-420W used for mining.  
Edited: 20w for lamp, resulting in slightly different power numbers.

[notlist3d]

21 has a bunch of positions listed on Angel.Co:

https://angel.co/21/jobs

They claim to have developed a chip that can be put into any internet connected device.  The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software.

-Fuse

If they can do it on any internet connected device they do not impress with RPI.  RPI has already done a lot with mining so it's nothing new there.  Could have went a lot more of a finished product.

Have they made any public statements that they will or will not sell bigger miners to public?

[alh]

While I won't take apart the obvious math errors in the previous parts of the discussion, I will note that one of the Amazon pictures show a more or less breakdown of the parts that make up the total result. The Pi is obvious. What I also noticed was what looks to be a small fan. From the scale and such, I'll bet it's one of those 40mm fans that are typically in a 1U server.

Maybe 21Inc found a quiet version of those. The "shroud" looks to direct the fans airflow over the chip.

[ny2cafuse]

21 has a bunch of positions listed on Angel.Co:

https://angel.co/21/jobs

They claim to have developed a chip that can be put into any internet connected device.  The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software.

-Fuse

I like the names of some of their positions: "Growth hacker"-sounds interesting.

Growth hacker is a pretty common term nowadays with tech startups.  It's basically a marketing specialist.  Data scientist is another term I've been fond of... basically a DB code monkey.


Back to 21 though.  I could see this being a big part of the attempt for IOT.  Kingcolex has the idea.  I could see putting these in the LED, wifi-enabled, bulbs that have huge heatsinks.  I'd replace all the lights in my house! 

I applied for the support engineer position.  I'll see if I get a call. lol

-Fuse