The Chinese electronics manufacturer will start producing home appliances for mining

The Chinese electronics manufacturer will start producing home appliances for mining

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Chinese home appliance maker Midea plans to produce electric instruments with the function of mining. It is reported dedicated to mining cryptocurrency site CoinDesk. Midea Group, one of China’s leading manufacturers of electronics, decided to patent the appliances with the function of mining at the end of 2016, which submitted the corresponding application, but drew attention to it just now.

The manufacturer plans to equip all its electronics special chips designed for mining, so it may be that soon every house will have kettles, air conditioning and a TV capable of “mine” in the background. In the description, the application stated that the method of mining cryptocurrencies such method involves three steps: connecting the device to the Network and authorization in the special cloud service, the mining and storage of money earned. The idea is planned to be implemented so that the mining process does not affect the basic functions of the device, so your kettle or microwave will produce the cryptocurrency in their free time task.

“This feature will increase the commercial value of consumer electronics which can bring the owner additional income”, — stated in the patent application.

The idea is pretty good, only whether the company to patent it — is unclear. In addition, the manufacturer tells us how much more expensive household appliances with the established specialized chips and software.