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LiteCoinGuy
Legendary
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Activity: 1148
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In Satoshi I Trust
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March 10, 2015, 05:56:52 PM |
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they are building hardware for the mass-market ? i guess mining and hardware wallets.
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dsly
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March 10, 2015, 06:17:29 PM |
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Looks like a mix of things. Mostly it seems to be mining hardware based on the job description. Could be other things as well.
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Ashwell John
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March 11, 2015, 02:32:43 AM |
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They are working hard for getting the new projects and 21 jobs are the consequence of their hard labour.
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freedomno1
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Learning the troll avoidance button :)
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March 11, 2015, 03:59:19 AM |
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They are looking at developing Bitcoin miners, and coders a lot of code. The only ones that aren't really at a technical level at this point are the marketing engineer perhaps the graphic designer and customer support. Well at least you get some nice perks WHAT YOU'LL GET Online Marketing Manager Competitive compensation and benefits Generous equity package in a fast-growing startup Subsidized meals plus a fully stocked fridge MacBook Pro, Thunderbolt display, and all the technical books you need
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Believing in Bitcoins and it's ability to change the world
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jmintuck
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March 11, 2015, 05:24:09 AM |
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Is it just me who thinks so , or you guys haven't heard the name of the company as well before ? I have never actually heard of the company before and see a lot of discussion lately.
Any reason for it to be the hot topic for discussion ?
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freedomno1
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Learning the troll avoidance button :)
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March 11, 2015, 05:41:56 AM |
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Is it just me who thinks so , or you guys haven't heard the name of the company as well before ? I have never actually heard of the company before and see a lot of discussion lately.
Any reason for it to be the hot topic for discussion ?
It's recieved $116 million dollars in funding as is backed by various entrepreneurs and companies For the past year and a half, a Silicon Valley startup has quietly convinced some of the biggest names in venture capital to back its effort to turn the technology behind bitcoin into a mass-marketed phenomenon. Now, that company, which bears the name 21 Inc., is emerging from stealth to announce it has raised $116 million in venture funding, the most ever by a startup in the digital-currency sector, based on data from bitcoin news service Coindesk. What it’s not yet publicizing is the precise nature of its operations, Chief Executive and co-founder Matthew Pauker will only say there will be “several interesting developments over the next weeks and months” about software and hardware products designed “to drive mainstream adoption of bitcoin.” Since its launch six years ago by a mysterious coder who used the presumed pseudonym of Satoshi Nakamoto, bitcoin has drawn media attention as a wildly volatile digital currency. But amid stories of scandal, theft and turbulent prices, the general public has largely ignored the arguments of vocal supporters, who tout the digital currency’s potential to cut costs by removing middlemen from finance and commerce. According to Silicon Valley investors such as those taking stakes in 21, say that failure to gain mass adoption is partly because the public’s attention has been misguidedly focused on bitcoin’s limited potential as a digital alternative to traditional currencies. In reality, they say, its underlying technology has far wider applications than that. Unlike the currency transactions that are generally associated with bitcoin, these new uses could range from lawyer-free smart contracts to tamper-proof online voting systems. 21’s lead investors include U.S. venture-capital heavyweights Andreessen Horowitz and RRE Ventures, along with Chinese private-equity firm Yuan Capital, with a strategic stake going to chipmaker Qualcomm Inc.QCOM +0.49% through its venture-capital unit. Additionally, Khosla Ventures and Data Collective have invested in 21, as well as chief executives and founders from various tech companies, including PayPal co-founders Peter Thiel and Max Levchin, eBay Inc. co-founder Jeff Skoll, Dropbox Inc. CEO Drew Houston, Expedia Inc. CEO Dara Khosrowshahi and Zynga Inc. co-founder Mark Pincus. More information here https://bitcointalk.org/index.php?topic=984484.0
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Believing in Bitcoins and it's ability to change the world
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Possum577
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March 11, 2015, 06:46:37 AM Last edit: March 11, 2015, 07:13:59 AM by Possum577 |
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Don't let the Silicon Valley investor talk fool you into thinking this is a guaranteed win. Let's see what they actually decide to do, how they make money, and how good they are at it.
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Somekindabitcoin
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March 11, 2015, 06:51:26 AM |
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CNBC says it raised 166 million while the silicon valley journal says it raised 116 million.
What I could say is, this investment would have been a lot better around 3 years back or so. If they would have invented 20 or even 14nm devices to mine back then, they'd have a fortune!
Then again, right now, adoption is pretty widespread and seeing that an unknown silicon valley company just raised a shit load of money for Bitcoin projects, they see potential.
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Possum577
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March 11, 2015, 07:13:26 AM |
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I only count 19 jobs.
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Somekindabitcoin
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March 11, 2015, 07:14:33 AM |
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I only count 19 jobs.
Derp. The company's name is 21 and that doesn't mean they have to have 21 jobs!
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Possum577
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March 11, 2015, 07:22:38 AM |
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I only count 19 jobs.
Derp. The company's name is 21 and that doesn't mean they have to have 21 jobs! It was a joke, laugh.
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Somekindabitcoin
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March 11, 2015, 07:56:22 AM |
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I only count 19 jobs.
Derp. The company's name is 21 and that doesn't mean they have to have 21 jobs! It was a joke, laugh. I know : )
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ticoti
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March 11, 2015, 09:05:45 AM |
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It looks they are going to be hardly focused on hardware but actually I don't know what they are going to do
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networthsigns
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March 11, 2015, 09:12:29 AM |
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I only count 19 jobs.
Derp. The company's name is 21 and that doesn't mean they have to have 21 jobs! It was a joke, laugh. I know : ) Now you know but reading your comment you never knew and was being quite serious I have signed up maybe i can grab me one of these 19 jobs. How many people actually know what they are about i mean they have 116million been invested but what in and what for? Is it going to make a difference to the average joe user
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UsernameBitcoin
Sr. Member
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March 11, 2015, 09:13:53 AM |
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I only count 19 jobs.
I knew it will be a scam
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Slaxt
Sr. Member
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Activity: 476
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Gone......
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March 11, 2015, 09:27:21 AM |
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I only count 19 jobs.
I knew it will be a scam What did you know would be a scam? I am under the impression there is at least 21 jobs for 21 who has a nice stack of cash to spend within BTC. To answer op there is not much we can tell from there job page except they would like your email and it is fairly neat start page i guess, how do we know it is legit until i know this i will not register my email.
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TC is the worse thing to happen to default, needs to open his eyes and not jump to conclusions, not everyone lies!!! Anyway as promised I have left, pass word changed to long random which I will forget like that plonker who ruined a perfectly fine account.
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UsernameBitcoin
Sr. Member
Offline
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March 11, 2015, 09:49:18 AM |
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What did you know would be a scam? I am under the impression there is at least 21 jobs for 21 who has a nice stack of cash to spend within BTC. To answer op there is not much we can tell from there job page except they would like your email and it is fairly neat start page i guess, how do we know it is legit until i know this i will not register my email.
Just joking. Of course, there will be more than 19 or 21 jobs, probably 50+ On the bottom of their job description we can at least find some hints about 21. About us People compare Bitcoin to the Internet. Well, the Internet required an enormous hardware infrastructure buildout before its potential as a software platform could be realized. That's where we come in. We believe that Bitcoin isn't going to happen simply by dropping a line of Javascript into a webpage. Someone needs to build the full-stack infrastructure for Bitcoin, from silicon to software. Backed by Andreessen Horowitz and Peter Thiel, that someone is us.
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zee11224
Sr. Member
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Activity: 282
Merit: 250
Authentic Individual
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March 11, 2015, 01:57:08 PM |
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Wooooooo hooooooooo I want JOb cheeerss
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tadakaluri
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March 11, 2015, 03:09:00 PM |
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I think '21' stands for 21 Million (total BTC). But I can't understand exactly what is their Business Model.
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dothebeats
Legendary
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Activity: 3640
Merit: 1352
Cashback 15%
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March 11, 2015, 03:34:48 PM |
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They are looking at developing Bitcoin miners, and coders a lot of code. The only ones that aren't really at a technical level at this point are the marketing engineer perhaps the graphic designer and customer support. Well at least you get some nice perks WHAT YOU'LL GET Online Marketing Manager Competitive compensation and benefits Generous equity package in a fast-growing startup Subsidized meals plus a fully stocked fridge MacBook Pro, Thunderbolt display, and all the technical books you needNice incentives for such jobs. If I could then I would apply to them. Interesting start-up too. Seems like they're really into finding skillful and experienced people for the jobs.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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Slaxt
Sr. Member
Offline
Activity: 476
Merit: 250
Gone......
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March 11, 2015, 04:16:03 PM |
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What did you know would be a scam? I am under the impression there is at least 21 jobs for 21 who has a nice stack of cash to spend within BTC. To answer op there is not much we can tell from there job page except they would like your email and it is fairly neat start page i guess, how do we know it is legit until i know this i will not register my email.
Just joking. Of course, there will be more than 19 or 21 jobs, probably 50+ On the bottom of their job description we can at least find some hints about 21. About us People compare Bitcoin to the Internet. Well, the Internet required an enormous hardware infrastructure buildout before its potential as a software platform could be realized. That's where we come in. We believe that Bitcoin isn't going to happen simply by dropping a line of Javascript into a webpage. Someone needs to build the full-stack infrastructure for Bitcoin, from silicon to software. Backed by Andreessen Horowitz and Peter Thiel, that someone is us. That fact that they have $116 million could let one imagine there will be even more than 50+ which is great more people getting paid in btc more professional people promoting it and helping in succeed, this is really good times for bitcoin and it is about to find a wider audience. Just think how big the team is because it is not just them or all the other teams it is us all like post above this reminded me of we have thousands who will help this succeed both paid and unpaid but we all play an important roll
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TC is the worse thing to happen to default, needs to open his eyes and not jump to conclusions, not everyone lies!!! Anyway as promised I have left, pass word changed to long random which I will forget like that plonker who ruined a perfectly fine account.
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LiteCoinGuy
Legendary
Offline
Activity: 1148
Merit: 1010
In Satoshi I Trust
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March 11, 2015, 06:15:36 PM |
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CNBC says it raised 166 million while the silicon valley journal says it raised 116 million.
What I could say is, this investment would have been a lot better around 3 years back or so. If they would have invented 20 or even 14nm devices to mine back then, they'd have a fortune!
Then again, right now, adoption is pretty widespread and seeing that an unknown silicon valley company just raised a shit load of money for Bitcoin projects, they see potential.
you should read the article headline 166. article: 116. just poor journalism.
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ChuckBuck
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March 11, 2015, 06:25:30 PM |
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I think '21' stands for 21 Million (total BTC). But I can't understand exactly what is their Business Model.
Yep, their original startup name was 21e6 for the maximum amount of Bitcoins in existence. I'm pretty sure we'll hear again from them very soon, now that the cat's pretty much out of the bag.
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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October 12, 2015, 07:09:45 AM |
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Don't let the Silicon Valley investor talk fool you into thinking this is a guaranteed win. Let's see what they actually decide to do, how they make money, and how good they are at it.
Seems worth a bump after all this time since it seems they will release a Bitcoin Computer next month The 21 Bitcoin Computer is the first computer with native hardware and software support for the Bitcoin Protocol. Operate it as a standalone computer, or connect it to any Mac, Windows, or Linux machine Easily build bitcoin-payable apps, services, and devices Has a suite of pre-configured Bitcoin-dependent software, and includes 128 GB SD card loaded with a full copy of the Blockchain Includes all the items you need to get started - including a WiFi adapter, laptop-to-device cable, Raspberry Pi 2, and power supply Price: $399.99 This item will be released on November 16, 2015. http://www.amazon.com/gp/product/B014RD021C?camp=1789&creative=9325&creativeASIN=B014RD021C&linkCode=as2&linkId=K36ZRXOEXVD5LYXL&redirect=true&ref_=as_li_tl&tag=21inccorsit-20
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Believing in Bitcoins and it's ability to change the world
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Kakmakr
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October 12, 2015, 10:06:32 AM |
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Their main goal seems to be, to create products geared to mainstream adoption. I am not sure if the first <Bitcoin computer> was so successful in doing that, but it's definitely a platform for developers to create tools and apps for the whole Bitcoin ecosystem. Let's hope the next product from them, will push Bitcoin adoption through the roof.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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EternalWingsofGod
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October 12, 2015, 12:00:20 PM |
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Creating apps would certainly be neat to see coming from a Bitcoin based computer Whether it will become a useful tool in Bitcoins growth or a neat trinket will depend on how well they market it and the capability it provides at the very least its an interesting looking device.
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gogxmagog
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Ad maiora!
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October 12, 2015, 03:09:57 PM |
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They (21) have been talking about IoT before, toasters that mine bitcoin's and the like. Don't know for sure what they are building, miners don't really seem like a good idea right now but that could change around the halving especially for anyone possessing very efficient chips. The 21 name has been getting considerable buzz this past few months
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coinpr0n
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October 12, 2015, 03:29:15 PM |
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I'm not too sure these "small-scale" miners are gonna cut it come the next halving. It would seem to me they are only gonna collect dust which will later be really expensive to spend. Maybe I'm missing something. On the other hand I liked that they're offering educational materials, but I'm not totally on board with the "open source almost everything" philosophy. We'll see I guess.
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Mickeyb
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October 12, 2015, 03:47:24 PM |
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Well their first release, "Bitcoin computer" was definitely cool as hell but very expensive. I don't know will inventions like this bring us any more mass adoption. This little gadget will definitely find its place in a Bitcoin museum one day, but it won't change our future.
They have gotten a lot of funding, over $116 millions. I hope their next releases will be a bit more price conscious and that will add more to the Bitcoin ecosystem. If it happens to be like this then I think that their existence can be justified and add us a lot of value in the future.
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fuddudle
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October 12, 2015, 04:15:39 PM |
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looks kind of weird. Seems like it's just a little miner and a daemon running on a lightweight unix distro.
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Kprawn
Legendary
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October 12, 2015, 04:16:56 PM |
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I'm not too sure these "small-scale" miners are gonna cut it come the next halving. It would seem to me they are only gonna collect dust which will later be really expensive to spend. Maybe I'm missing something. On the other hand I liked that they're offering educational materials, but I'm not totally on board with the "open source almost everything" philosophy. We'll see I guess.
I think the intention was not to sell a "mining computer" but rather spreading the technology to the more tech savy crowd as a gadget to play with and to develop. I think they missed a opportunity to create a device, which will enable mass mining. You could create a computer with loads of ASIC upgrade options. Entry level to hardcore miner... A single device, with no upgrade options will always fail, as difficulty increase. A computer with the ability to ROI will be a attractive option. .... Some early miners bought expensive GPU's and after using it for mining, they sold it to gamers and made some profits from the GPU's and the mined coins combined.
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