Full nodes are important everywhere providing visibility and improved network latency. In areas where bitcoin mining is not profitable due to the high cost electricity or other factors what incentives can be used to increase the number of nodes?
Will 21.co be successful in its efforts to install mining equipment in mobile phones and other consumer devices across the world?
No incentives to run nodes are required. As people in these countries are presented with more use cases to use bitcoin, organic growth in the number of nodes will follow.
International money transfers and a superior alternative to M-Pesa for retail transactions are both attractive areas for growth in some of the areas with limited node counts today.
Will 21.co be successful in its efforts to install mining equipment in mobile phones and other consumer devices across the world?
This is just so bad in so many ways. Mining on a phone makes the least sense of all senseless ideas ever. It took a decade to have nicely powered phones that run more than an hour on a battery load and then add a mining ASIC? And then in the context of "incentivizing full nodes"? In no way is that phone going to be a full node capable of mining (another waste of scarce phone resources if nothing else).
Actually the whole 21 mining thing is very deceiving as their chips mine on their (and only their) pool. Even if you would be running a full node, you'd not be mining on it.
In fact, the entire 21 thing doesn't make any sense at all. I've yet to see anyone explain their marketing blabla.
