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Bitcoins / Breaking News / Mining

Imagine A Television So Smart, It Mines Bitcoin For You

Smart TV’s are becoming the norm. Gone are the days of the big old CRT screen sat on a cabinet, and seemingly, gone are the days of the LCD flat screen. The future of the television is now connectivity, ultra HD quality and slimline ergonomics.

Many TV’s now have built in operating systems that allow the user to do things like download movies, browse the internet, read emails and all sorts of other connectivity features. Canaan Creative, the second biggest manufacturers of Bitcoin mining equipment in the world have announced that they are set to launch the world’s first Bitcoin mining television, taking connectivity within smart TV’s to the next level.

According to BTCManager:

“Canaan calls its new device the ‘AvalonMiner Inside’ and in addition to marketing it as a smart TV, it mentions that the device has a processing power of 2.8 trillion hashes per second. Canaan’s current most powerful mining rig is capable of processing 11 trillion hashes per second, making the AvalonMiner Inside roughly 25 percent as powerful as their top rig. According to Canaan, the AI-powered device has many desirable features that both regular users and miners will love. These features include voice control, real-time bitcoin mining profitability display and a digital tether to Canaan’s platform permitting users to pay for entertainment content or physical gifts using mined bitcoin.”

See the full article for yourself, here.

What’s the point?

We have to ask ourselves what the point in this product is? It’s set to increase your house bills and will probably get quite hot. Is it really worth it?

The notion of mining Bitcoin to spend on content is quite cool, perhaps this will allow users to be rewarded with free on demand content like movies for example, but even so, is this a product that we need, is there going to be a demand for it? Probably not.

This is most likely to be a bit of a PR stunt, therefore we don’t expect that the AvalonMiner will reach mass production, instead, this is likely to be something for the crypto elite to enjoy. The future may have a demand for this sort of product and I guess Canaan can say they got there first. For now though, I don’t think it’s going to change the world is it?


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Adrian has been leading teams in the finance sector for over a decade. He is highly experienced, and is responsible for ensuring that the latest news is delivered to you as it is breaking. He has a keen interest in virtual currencies, and has even made investments himself, so is incredibly passionate when it comes to writing about this topic. He knows the news pieces that are interesting to the reader, so will ensure that he keeps you up to date on all of the relevant news in the cryptocurrency world.