Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
impulse
on 21/05/2015, 16:31:10 UTC
I obviously don't agree to that, it has to be economically viable to exist.

No, no no. A million times no.

e.g. http://en.wikipedia.org/wiki/Pets.com

Quote
Are you suggesting a big con?

It could be a good business plan, or a mistake, or a con. You're excluding the middle.


I hate selective quoting. The con part, that is viable only on a small scale.

Okay, I didn't follow it. What's the con?


I was too quick, your comments were ok, I deleted my post, but too late.

Somebody suggest that people would buy these phones for extra, use extra power, not knowing they earned money for the company only. That a con.


Ok, I'll try again... why put that chip in the phone if you could just include it in the charger cable? Or charging pad for wireless charging?

Battery life, size, weight, efficiency are all competing qualities for phones and putting a bitcoin miner in your phone is not going to make it more competitive.

(Secure enclave type wallet on the other hand = no brainer)

i don't know.  maybe for tracking purposes as hashing shares back to the pool requires a continuous connection?  which admittedly isn't great for privacy but might enable the pool certain functionality.  but that connection might be what's needed for this continuous negotiating interaction btwn phones not necessarily involving the phone owner that was talked about in the audio.

I think the answer to this is pretty simple actually. It's because the networking chipset is in the phone. No one uses a smartphone without a network connection so it piggybacks that infrastructure. Otherwise you would have include networking in the otherwise standalone charger and connect it to a network which no one is going to do.