BlockCDN TV Box Miner Uses Spare Bandwidth to Make Coin
Chinese startup BlockCDN has announced the release and ICO for its set-top box miner, which uses spare bandwidth to mine cryptocurrencies. BlockCDN Miner is ‘Internet Waste Officer’. The software, currently only available for Android TV set-top boxes, is built on Ethereum smart contracts. The aim of the company is to create a content delivery network (CDN), which uses spare capacity to deliver content via a P2P network. “BlockCDN is a waste recovery officer for the Internet,” CEO Tony Long commented in a Medium post Thursday. The mining software is downloadable, with users needing to enter....
Related News
BlockCDN, a Chinese blockchain-based platform has come up with a unique solution that can potentially make all the CDN industry's problems go away. “Content is King”, a well-known quote, presumably by Bill Gates, holds good on today’s internet. The increased need for content has created a demand for huge amounts of computing power for content distributors. While there is a lot of money to be made through advertising revenues and subscriptions, content distribution networks are constantly trying to expand their infrastructure to meet their ever-increasing bandwidth requirements. BlockCDN, a....
Spare app has added Bitcoin payment support, allowing users to cash out in national currencies in select U.S. regions using any iOS device. Spare: Cash Out Bits at Your Local Store. Spare, an alternative finance app that allows users to withdrawal cash on-the-go through various merchant locations, now supports Bitcoin. Using the Spare app, users can now cash out their bitcoin at certain local stores. The services is currently available in certain parts of the U.S, including New York, Colorado, New Jersey, Philadelphia, and Washington DC. While there are currently a few alternatives to cash....
Unused bandwidth and its accessibility are two problems that need addressing as the world becomes more connected. How is the decentralized bandwidth vision becoming a reality?Users will be able to tokenize their bandwidth and sell it in a decentralized trading marketplace to help provide low-cost access to the internet.PKT is the only layer-1 blockchain that is designed to support bandwidth trading marketplaces and high-speed internet service. PKT uses the world’s first bandwidth-hard proof-of-work (PoW) mining solution to create an economic incentive while building a high-speed data....
There is a need to strengthen the Bitcoin ecosystem for mobile-only regions by lowering the bandwidth requirements for participating. The post Outlining The Future Of Low Bandwidth Bitcoin appeared first on Bitcoin Magazine.
HONG KONG — In preparation for its November 28 ICO, BlockCDN will test its decentralized computer resource pooling technology with Youku, China’s top online content provider. With a goal of disrupting the content delivery network (CDN) industry, valued at $6 billion USD, the company has developed a blockchain-based trading platform where people “demanders” can purchase computing power from “sharers” to help fulfill workloads. To join as a sharer, people can connect their smartphones, tablets, computers and TV boxes to the platform. BlockCDN CEO Tony Long said in a press release that his....