21 Inc miner + JoyStream = high quality video for free

[Elwar]

The 21 Inc miner mines bitcoins and is connected to a Raspberry Pi which has an HDMI output.


JoyStream is a way of paying seeders for Bittorrents.
https://www.youtube.com/watch?v=uj8di5KkoMw

Combine the two and you basically have a small box you can plug into your TV and watch streaming video for free.


Separate they both have their flaws. The miner does not generate much money, probably about as much as you're paying in electricity to run it.

JoyStream is like running Kodi (which is free) but paying for it. But if you use Kodi you've experienced the frustration of trying to find a decent stream out of a list of about 100 streams of each TV show/movie.

Combining both you have a pre-configured device that only costs you the electricity used to run it (plus the cost of the device) in order to receive quality streamed videos.

You can use your cell phone as a remote.

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[bytezero]

This is interesting but I don't see a bright future in it...

#1 - Nobody pays for downloading torrents.
#2 - Private trackers solved this 13 years ago using the ratio feature.
#3 - You have to invest $400 in the 21 inc miner to watch stream torrents.

[Elwar]

This is interesting but I don't see a bright future in it...

#1 - Nobody pays for downloading torrents.
#2 - Private trackers solved this 13 years ago using the ratio feature.
#3 - You have to invest $400 in the 21 inc miner to watch stream torrents.

Valid points, people are paying about $100 for an Amazon Fire Stick pre-loaded with Kodi.

I still get frustrated with trying to find a good stream on there though. It could be because I'm in Germany.

[GriffinHeart]

I don't get it, just buy a standard raspberry pi from your local computer store for, (at my computer store) ten bucks.
Who even pays for torrents anyway? Why would you want to tip people for their uploading? I guess it's an incentive to seed a file, not that I know what that is or anything but really as we are now, we don't need a $400 raspberry pi with a block erupter strapped to it.

[vengeful]

let's just wait and see where this "joystream" concept goes... if you wish to check out the features just google joystream and you will get to the site which says they are gonna pay all those guys that help in seeding and uploading which in turn would result in better stream... that might attract more seeders... it hasn't been released yet but i guess we can subscribe for an initial alpha release...

[ranochigo]

It is basically a raspberry pi with a Bitcoin mining board attached to it. The board isn't designed with performance in mind and even though it is efficient, it is expensive and produces little Bitcoin, no benefits to buying this than raspberry pi with costs in mind. To seed torrent in the long term, you would need an old HDD or SSD as SD cards are prone to wear and tear.

[bytezero]

It is basically a raspberry pi with a Bitcoin mining board attached to it. The board isn't designed with performance in mind and even though it is efficient, it is expensive and produces little Bitcoin, no benefits to buying this than raspberry pi with costs in mind. To seed torrent in the long term, you would need an old HDD or SSD as SD cards are prone to wear and tear.

And a sd card of 128 gb can't hold the blockchain + 10 torrents.

Now imagine to seed just one 3d film of 40gb with this, It would be full just for one film... and I download a lot of films of that sizes.

[Elwar]

You would not be seeding torrents from this device, you would be receiving video streams.

The benefit of paying is that someone is seeding directly to you without other people having access to that seed. So basically a direct download.

For example: Someone is hosting "Free Open Movie" that a lot of people want to see, 1 or 2 people are hosting the video with 300-500 people trying to watch. Those 300-500 people are competing for bandwidth of those 1 or 2 people to stream "Free Open Movie" (publicly made available for torrenting, because nobody here advocates downloading pirated movies).
With JoyStream 1 seeder decides to charge 1 cent per upload and sets the client to only allow one upload at a time. So instead of competing with 300-500 people for bandwidth you are the only one downloading that video so you will get instant streaming of the HD version of "Free Open Movie".

With the super expensive 21 Inc Miner your miner may have mined 10 cents throughout the day so when you go to watch a movie, you easily have 1 cent to pay for the quality dedicated stream.

Sure, the average Bitcoin user can figure out how to set up their own streaming and if JoyStream makes things better then the average Bitcoin user will easily be able to come up with 1 cent worth of Bitcoin.

But the average Netflix/Amazon TV/Hulu Plus subscriber might like to just buy a single device that gives them everything with no more fees if it's as simple as using Netflix but offers more videos.