Re:A Bitcoin miner in every hand
by nosuchthing on Monday May 18, 2015 @03:13PM
(#9566286)
Imagine if someone made the opposite of this device, an energy generating device which could supply you with revenue [after the subsidy is paid off] and was not restricted to any particular currency ecosystem.
[ Parent
| on HN ]
It'd be like putting a tiny solar panel on your retail consumer grade router, one that degrades very rapidly over time, and generates electricity at a higher cost than to simply buy it (from industrial grade dedicated solar parks), in a world where you can send energy as easily as sending email, or for that matter, bitcoin.
It's ridiculous. I'm curious about the bigger picture because they have a stellar team, backing, board and bank account right now.
Re:A Bitcoin miner in every hand
by pavel_lishin on Monday May 18, 2015 @03:27PM
(#9566358)
"Hang on, I just rode my bike to the office, let me plug it into my parking spot so I can discharge the capacitor and get paid for the ride up here and I'll come up to your office."
Re:A Bitcoin miner in every hand
by def_illiterate on Monday May 18, 2015 @03:45PM
(#9566461)
We're having fun at this, but I think you may have just found a way to better gamify wellness initiatives...
Bicycle riders only produce a few hundred watts, while an average kilowatt/hr is worth 12 cents.
It's kilowatt-hour, not kilowatt/hour. Multiply, not divide.
It's kilowatt*hour not kilowatt-hour. Multiply, not subtract.
Re:A Bitcoin miner in every hand
by michaeldunworth on Monday May 18, 2015 @10:30PM
(#9567883)
Haha, thought the same.
Re:A Bitcoin miner in every hand
by pablovidal85 on Monday May 18, 2015 @03:56PM
(#9566506)
Exercise bikes that mine bitcoin. Hey Tesla, who needs batteries if you can store energy as monetary value.
As with commodities trading, the actual product has to exist somewhere.
Reminds me of The Calorie Man which is quite good if disturbing.
Re:A Bitcoin miner in every hand
by bottled_poe on Monday May 18, 2015 @10:47PM
(#9567935)
So where does the energy to move the bike come from?
You mean something like solar panels?
Re:A Bitcoin miner in every hand
by inafewwords on Monday May 18, 2015 @03:56PM
(#9566510)
run the excess energy into a bitcoin farm instead of batteries?
Can't solar panel owners sell their excess energy back to the grid for USD?
Seems more cost effective than to buy, run, and cool depreciating mining hardware.