Categories: economy

The Chinese company plans to bring cryptocurrency mining to a new level

This conclusion can be reached, having examined the applications in Chinese patent office.

In a new patent application China’s largest manufacturer of household appliances, Midea described a system in which home devices, working in the background, sending part of its energy to mining cryptocurrency. Midea plans to release a full range of appliances with embedded chips for mining.

A patent application that drew the attention of resource CoinDesk, Chinese giant Samsung filed in November last year, when the popularity of cryptocurrencies has not yet reached the scale of today’s. In the patent Midea described method of creating the appliances with the function of mining. For this, the authors of the invention suggest to equip a conventional electrical mining chips, that is integrated into refrigerators, televisions and other video cards. The device will remotely connect to the cloud service and to use their hash power to mine cryptocurrency.

To install the chip at any major home appliance, from air conditioners to TVs. In the process mining technique will work in normal mode. Moreover, to activate the device do not have to use — enough that he was connected to the power source.

See also: Kitchen “gadgets” that were in every Soviet housewife. Photo

The use of air conditioning or TV, for mining will allow the owner to obtain additional income and to return the money spent on the purchase of the appliance, believe in Midea. However, the company did not specify how much it would cost appliances with built-in graphics cards, which are themselves quite expensive.

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