Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
I'm interested in what happened in Africa in the 1990's and 2000's. In many parts there infrastructure is poor, and liable to being unmaintained, stolen, or destroyed by conflict. Many parts of Africa have good mobile phone networks, though, as they're relatively cheap to deploy and can be deployed in numbers to provide redundancy (or even just moved around on trucks). If you said to a villager in many parts of Africa that his mobile phone can generate $2 a day if it does Bitcoin, he'd probably offer his daughter to you.
I've had a couple more thoughts riffing on this idea over a glass of wine. Yes, it is after 5 where I am.
Make the chips as cheap as possible, maybe even *pay* mobile phone makers to bundle them into handsets.
Consider collaborating with other leading Bitcoin miners to fund development. Design goals are the best performance possible with low power. It will be designed to go into a cheap phone, so sleek design is not so important, i.e., the phone might be a "brick" with a larger battery.
Great idea. The bitcoins on phone can be changed to credit automatically. A phne that makes its own free credit.
This is actually a brilliant idea and doable. The phone wouldn't last very long but if it's a disposable free phone then it can beat out the Obama phone the US government is offering. You could just distribute the free phone to anyone who currently has an Obama phone as marketing.
Is someone actually intending to work on this idea? It seems like it could be doable right now.