This is a great idea -- the latest in a list of ideas from a great creative mind. My sense is that it is economically viable, but needs a backer to get it started. You need network software to distribute the processing, and you need access to someone's bitcoin mining code. Then you create a standalone unit that uses 1500 watts, convenient for most homes. It probably has processing power of ~10 PCs and it costs a few hundred dollars in production costs, a few million in startup costs. Maybe Steve Kirsch would be interested in backing the idea.
Josh, thank you so much for these kind thoughts and encouragement. I've just ordered John Doerr's book "Speed & Scale" and feel he may be the best person on the planet with the means, mindset and network to launch an idea like this. Now if I can just find a way to connect.
This is a great idea -- the latest in a list of ideas from a great creative mind. My sense is that it is economically viable, but needs a backer to get it started. You need network software to distribute the processing, and you need access to someone's bitcoin mining code. Then you create a standalone unit that uses 1500 watts, convenient for most homes. It probably has processing power of ~10 PCs and it costs a few hundred dollars in production costs, a few million in startup costs. Maybe Steve Kirsch would be interested in backing the idea.
Josh, thank you so much for these kind thoughts and encouragement. I've just ordered John Doerr's book "Speed & Scale" and feel he may be the best person on the planet with the means, mindset and network to launch an idea like this. Now if I can just find a way to connect.