With new models of phones being released every year, customers likely to upgrade as well. This results in older models coming up on websites for sale. After another year has passed, these older models start going obsolete and nobody prefers buying them anymore. This results in them sitting in drawers gathering dust and serving no useful function. Samsung has devised a solution to this problem by using earlier models of their phones as a bitcoin mining rig.
C-Lab, an engineering team from Samsung came up with this stroke of genius as they used 40 Samsung Galaxy S5s to make a bitcoin mining tower. This was presented at the developer conference in San Francisco. They also created really cool inventions like an old Galaxy tablet turned into an Ubuntu-powered laptop and a used Galaxy S3 that is now functioning as a fish tank monitor.
Bitcoin mining is essential for the longevity of the cryptocurrency. It keeps the network safe and secure as well as making sure that all transactions are being completed fairly. It can be done by anyone with the right equipment and knowledge. Normally it requires a high powered CPU but Samsung engineers have proved that it can be accomplished with a little ingenuity.
Samsung spokesman, Robin Schulz, told online media “This innovative platform provides an environmentally responsible way for old Galaxy mobile devices to breathe new life, providing new possibilities and potential extended value for devices that might otherwise be forgotten in desk drawers or discarded.”
If you ever considered being a bitcoin miner, it has never been this easy before. Samsung has promised to release the software they used to hack their devices as well as the plans and designs for the showcased inventions so anyone can be a miner, sitting right at home.
So take out that old samsung phone which has been gathering dust and use it as a bitcoin mining machine!