There is no doubt that we are in the early stages of a full digital revolution. In fact, cryptocurrencies are bringing about data production as a form of labor. Yes, that’s right, just like in the Matrix movies; human-generated data is now a viable source of energy that can be used to mine cryptocurrencies.
How it Works
Manuel Beltran, the founder of the Institute of Human Obsolescence, is leading the research that seeks to prove that the human body is an abundant energy source for creating capital. According to Beltran, humans can now speculate cryptocurrencies with their bodies, offering an energy supply alternative in preparation for the future of labor.
With over 37 workers on the project, the team spent about 212 hours generating 127.2 watts of power. This amount, according to the team, was enough to mine a cumulative 16,590 coins in Litecoin, Startcoin, Lisk, Ethereum, and Vertcoin tokens. In addition, the researchers identified that the human body produces over 100 watts of energy at rest, with most of it going to waste.
IoHO further revealed that the body suit used in the process is capable of harvesting temperature differential between ambiance and the human body using thermoelectric generators that later produce the electricity.
After the electricity is generated, it is then fed into a mining computer that mines the specific cryptocurrencies.
A new Data Ecosystem
IoHO believes that there is a great potential in the future for exploring other alternative use cases of human-produced energy. Considering all that the 37 workers had to do was lay down while the machine did the harvesting, IoHO proposes that it’s time for the world to consider human-generated data resources.
After all, the idea of creating capital from human-generated data is not new, as big companies such as Google and Facebook are already using this phenomenon to create huge amounts of capital.
So if jobless individuals are earning a living from merely producing data, why are data workers not capitalizing on this? Well, it’s not all a bed of roses…
For instance, Beltran’s team did not attempt to mine Bitcoin, for the simple reason that it has advanced to such a difficult level of mining that it requires huge amounts of power that the human body can hardly produce, even collectively. For example, it would take over 4500 people a whole day and night just to mine a single Bitcoin. Strategically, IoHO went for coins with better funding and lower difficulty.
Let us know that you think about this team of researchers, and their new-found way of harvesting human heat for mining. Is it sustainable?