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New Microsoft Cryptocurrency mining System Review

The new Microsoft Cryptocurrency mining system can leverages with human activities, including brain waves and body heat, when performing online tasks such as using search engines, chatbots, and reading ads. “A user of the mining system can solve the computationally difficult problem unconsciously. The Microsoft Technology Licensing has been granted an international patent for a “cryptocurrency system using body activity data.

Cryptocurrency mining is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.

Every time a cryptocurrency transaction is made, a cryptocurrency miner is responsible for ensuring the authenticity of information and updating the blockchain with the transaction. The mining process itself involves competing with other crypto miners to solve complicated mathematical problems with cryptographic hash functions that are associated with a block containing the transaction data.

Microsoft Cryptocurrency mining System

The first cryptocurrency miner can use the Cryptocurrency mining system to crack the code is rewarded by being able to authorize the transaction, and in return for the service provided, crypto miners earn small amounts of cryptocurrency of their own. In order to be competitive with other crypto-miners, though, a cryptocurrency miner needs a computer with specialized hardware. Read more

” The patent was published by the World Intellectual Property Organization (WIPO) on March 26. The application was filed on June 20 last year. “Human body activity associated with a task provided to a user may be used in the mining process of a cryptocurrency system,”

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the patent reads, adding as an example

“A brain wave or body heat emitted from the user when the user performs the task provided by an information or service provider, such as viewing an advertisement or using certain internet services, can be used in the mining process”.

The method described may “reduce computational energy for the Cryptocurrency mining process as well as make the mining process faster,” the patent details

Microsoft Cryptocurrency mining System

“For example, instead of massive computation work required by some conventional cryptocurrency systems, data generated based on the body activity of the user can be a proof-of-work, and therefore, a user can solve the computationally difficult problem unconsciously.”

Alternative Way to Cryptocurrencies Mining

“The patent describes a system where a device can verify whether “the body activity data satisfies one or more conditions set by the cryptocurrency system, and award cryptocurrency to the user whose body activity data is verified.”

Different types of sensors can be used

“measure or sense body activity or scan the human body,” the patent explains. They include “functional magnetic resonance imaging (fMRI) scanners or sensors, electroencephalography (EEG) sensors, near-infrared spectroscopy (NIRS) sensors, heart rate monitors, thermal sensors, optical sensors, radio frequency (RF) sensors, ultrasonic sensors, cameras, or any other sensor or scanner” that will do the same job.

The new Microsoft Cryptocurrency mining system may reward cryptocurrency to an owner or a task operator “for providing services, such as search engines, chatbots, applications or websites, offering users access for free to paid contents (e.g. video and audio streaming or electric books), or sharing information or data with users,” the patent details.

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The idea of Cryptocurrency mining using human body heat has previously been explored by other organizations. For example, Manuel Beltrán, founder of the Dutch Institute of Human Obsolescence, set up an experiment in 2018 to mine cryptocurrencies with a special bodysuit that harvested the human body heat into a sustainable energy source. The electricity generated was then fed to a computer to mine cryptocurrencies.

Culled from Bitcoin.com | Microsoft Patents New Cryptocurrency System Using Body Activity Data

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