Community post

What if your AC could mine BTC?

Hello everybody,

Very exciting time with the launch of SegWit! I was on coindesk today and came upon this story https://www.coindesk.com/manufacturing-giant-midea-wants-to-put-bitcoin-miners-in-household-appliances/ . Awesome idea. I am not heavily invested in BTC, but this will be applied to other coins or gas generating cyptos and is very good news for investors.

I wonder if NEO will be one of the first to be mined via these applications, due to the somewhat monopoly of firms specializing in this space from China. Lets hope Midea succeeds as they are not the first to try something like this. Now that I think about it imagine the everyday applicational use of IOTA with these small household miners. Will my AC be mining LTC, while my refrigerator will be ordering me more eggs with IOTA? WIll my AC mine IOTA send it to my refrigerator and pay for the eggs?

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What do you guys think?

Midea Group, which employs more than 125,000 people, was ranked 450 on the Fortune Global 500 list for 2017. In financial statements from earlier this year, the company reported more than $22 billion in revenue for FY2016 – with$ 2 billion in profits.