Elon Musk envisions: Future heating devices could also mine Bitcoin
Elon Musk shared an innovative idea during a webinar on July 22, 2021, hosted by ARK Invest, discussing Bitcoin as an economic empowerment tool: integrating internet connectivity, space heaters, and cryptocurrency mining nodes into one device. This way, users can stay warm while mining cryptocurrencies like Bitcoin or Dogecoin and also gain network connectivity. He emphasized that current home networks are moving toward high bandwidth and low latency, and technologies like Starlink will accelerate this process, giving people confidence that even as blockchain scales up, they can still maintain decentralized mining systems.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Elon Musk envisions: Future heating devices could also mine Bitcoin
Elon Musk shared an innovative idea during a webinar on July 22, 2021, hosted by ARK Invest, discussing Bitcoin as an economic empowerment tool: integrating internet connectivity, space heaters, and cryptocurrency mining nodes into one device. This way, users can stay warm while mining cryptocurrencies like Bitcoin or Dogecoin and also gain network connectivity. He emphasized that current home networks are moving toward high bandwidth and low latency, and technologies like Starlink will accelerate this process, giving people confidence that even as blockchain scales up, they can still maintain decentralized mining systems.
Source: ARK Invest