Quote from: bloodSimple on August 07, 2015, 09:12:55 PM

Quote from: brg444 on August 07, 2015, 09:05:23 PM

Quote from: bloodSimple on August 07, 2015, 08:57:55 PM

Quote from: Adrian-x on August 07, 2015, 08:39:46 PM

-snip-
I wouldn't be surprised if a company like 21inc is doing it already
-snip-

"A chip in every toaster" people?

There are two ways of making money with bitcoin mining. One is to mine (risky, often disastrously unprofitable), the other is selling dreams to starry-eyed bitcoiners (easy, fun, works 99% of the time, no tech/con experience required).

Don't think 21inc is planning to do much mining.

They're arguably one of the major players in the mining industry at the moment so you might want to check your facts...

Just did a quick search, but my Google seems to be on the blink at the moment. Mind giving me a link to their mining gear? Pics of their chips? Farm? A mining address?
Thanks.

Details are scarce since they are still in stealth mode but here goes:

https://www.blocktrail.com/BTC/pool/21inc

Quote

The document suggests 21 had sought to build 20,000-server, 26-megawatt datacenters to serve as the center of a mining pool that could ensure block rewards.

As an example of the potential power of its pool, 21's mining operations generated approximately 5,700 BTC in 2013 and 69,000 BTC the following year, according to the document.

Quote

Intel factories, the documents suggested, were responsible for at least two generations of 21 bitcoin mining chips, a 0.57 w/GH 22nm FinFET chip (codenamed CyrusOne) and a 0.22 w/GH 22nm chip (codenamed Brownfield).

http://www.coindesk.com/21-inc-confirms-plans-bitcoin-distribution/