The 21 Bitcoin Computer is the first computer with native hardware and software support for the Bitcoin protocol.
“Specifically, we want to make it possible for you to turn your bright idea into passive income by selling Bitcoin-payable goods, games, and services over the Internet through a 21 Bitcoin Computer”.
The Bitcoin computer will allow any type of user to have full access to the Bitcoin network and comes complete as a Linux box Bitcoin ASIC miner combo.
“With bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange”.
A pocket-sized computer that lets you buy and sell digital goods and services using Bitcoin has become available for pre-order on Amazon in the United States , promising to “return economic power to the individual”.
The short version is that your margins on bitcoin earned by selling digital goods and services with the 21 Bitcoin Computer are likely going to be much better than your margins from bitcoin mined with the 21 Bitcoin Computer.
The built-in 21 Micropayments server lets users sell anything to anyone for bitcoin.
Bearing the name 21 Bitcoin Computer, it can boast of bitcoin built in as an integral part in every single piece of content. Pocket size of the device enables bitcoin developers to make bitcoin transactions without taking their mind off daily routine.
In a separate blog post, Srinivasan said the product could be used to mine bitcoin from the command line, sell API calls for bitcoin and rewarding peers for posting social media links, among other use cases. The description says that it was produced with funding from Qualcomm, Cisco, and Andreessen Horowitz. “It’s just amazingly hard to do right now”.
In his interview with the Wall Street Journal, Horowitz compared the 21 Bitcoin Computer’s potential to early Web browsers and his time helping develop Netscape in the 1990s.
“If I could read stuff on the web for a small amount of money, and didn’t have to open myself up for repeated charging or subscriptions I didn’t want?”
21 Inc. admits that it doesn’t consider introducing the 21 Bitcoin Computer as its final goal. “That’s a relatively straightforward application if you have machine-to-machine payments”, he said.