Balaji Srinivasan, CEO at 21 Inc., explained that now a person can create a website and actually benefit from every single page view: “The utility of bitcoin up until this point has been the speculation value”. This Computer has been produced with the funding the company received from Qualcomm, Cisco, and Andreessen Horowitz.
Advertisement
The new Bitcoin Computer is now available for order from Amazon at the price of $400. “That is, you are not going to get rich by immediately selling the Bitcoin mined by the device for offline currency, but you can potentially do very well by selling digital goods and services to others for their Bitcoin”, read the provided description.
The 21 Bitcoin Computer will enable users to instantly mine Bitcoin from the command line, sell API calls for Bitcoin, like English-to-Chinese translation or file conversion, set up personal iTunes-like digital goods store, reward peers for posting their links on social media, make any IoT hardware Bitcoin-rentable, from smart locks to 3D printers. “The thing that’s completely missing that I think would make the Internet better would be machine-to-machine payments”.
“Specifically, we want to make it possible for you to turn your bright idea into passive income by selling Bitcoin-payable goods, games, and services over the Internet through a 21 Bitcoin Computer”.
It also features a custom energy-efficient mining chip built-in to the device and a micropayments server. “It’s just amazingly hard to do right now”.
Vulture South will take the 21 Bitcoin Computer more seriously when we hear that of thousands of them replacing ASIC-based HPC kit in Hong Kong skyscraper data centres. This means that business owners and developers can do business at the common line using Bitcoin, not built around PayPal or banking systems as a default. “These things can’t happen without some enabling technology”.
It’s really inspiring to see that the company doesn’t rest on its laurels and continues scaling new heights in bitcoin industry.
Advertisement
Horowitz told the Wall Street Journal that machine-to-machine payments could solve a host of problems today.
