www.citywebpages.com - CityWebPages
  • Login
  • Signup
Posted By Crypto Trader on 01/15/2018

Dutch researchers mining cryptocurrencies with body heat

Dutch researchers mining cryptocurrencies with body heat

The research team from the Institute of Human Obsolescence led by Manuel Beltrán is experimenting mining of cryptocurrencies using body energy & heat.  

Cryptocurrencies mining

The research team from the Institute of Human Obsolescence has designed a body suit that harvests body heat & converts it into suitable energy source, and that source is employed in running miners. The suit uses thermoelectric generators to harvest the temperature differential between human body & ambient, then converts it into usable power.

It does all the work by maintains the user’s body temperature to produce human-generated data that is in turn rewarded in digital currencies.

“Human-generated data is a resource already extracted by companies like Google and Facebook, producing vast amounts of capital.”   

The team recently run a test where 37 workers participated in a shift operation running roughly up to 20 hours. The participants generated 127.2 watts of power that mined 16,590 vertcoin, dash, ethereum, litecoin, startcoin, and lisk tokens.

They say a single human body can generates 100 watts while at rest. Most of the time,  80 percent of the energy goes to waste.

Beltrán says there is huge potential in future in terms of harnessing capital from human body.   

“We pursue shifting this paradigm of unpaid work and to start obtaining profit from it,” IoHO’s vision explains.

He said Bitcoin mining is however much more difficult and the team didn’t. It would require 4,500 humans wearing the suit by doing nothing. But laying down all day will  mine a single Bitcoin. The coins they mined were easier to mine.

The company has been exploring the proposition of receiving a Data Basic Income in exchange for our production of data.

At the 2016’s Black Sea Summit in Kiev,  Dangerous things xNT Implant introduced an NFC, bio-implantable chip that can be implanted under the human’s skin & acts as a wallet to facilitate a number of NFC financial transactions, including bitcoin payments.  

Also Read: JP Morgan Chase chairman regrets saying “Bitcoin is a fraud”


Source of the article: https://coinpedia.org/news/dutch-researchers-mining-cryptocurrencies-body-heat/

Contact Member
Submit