{"video_id":"bd-GbG2WmW0","title":"ButterFly Labs Mining Cards and Bitsafe Hardware Wallet - CES 2014","channel":"Linus Tech Tips","show":"Linus Tech Tips","published_at":"2014-05-07T14:53:29Z","duration_s":351,"segments":[{"start_s":0.04,"end_s":7.68,"text":"Linus Tech tips coverage of CES 2014 is brought to you by nc.com your source for","speaker":null,"is_sponsor":0},{"start_s":5.319,"end_s":11.559,"text":"great technology selection and service along with Corsair memory and Western","speaker":null,"is_sponsor":0},{"start_s":9.92,"end_s":14.879,"text":"Digital hey guys we're here checking out Bitcoin and Butterfly Labs and they had","speaker":null,"is_sponsor":0},{"start_s":13.519,"end_s":19.24,"text":"something that caught my eye immediately I'd actually seen a mini press release about this before I came to the booth","speaker":null,"is_sponsor":0},{"start_s":18.119,"end_s":23.84,"text":"and just wasn't sure where they were because there's a little bit of a mixup and was really excited when I saw it so","speaker":null,"is_sponsor":0},{"start_s":22.439,"end_s":28.599,"text":"what can you tell me generally about this product so we have our new monarch","speaker":null,"is_sponsor":0},{"start_s":26.0,"end_s":33.8,"text":"product it's our 600 gigahash high-capacity as6 mining card and it's","speaker":null,"is_sponsor":0},{"start_s":31.759,"end_s":37.68,"text":"actually a dual dual system where you can use it as a PCI Express card or you","speaker":null,"is_sponsor":0},{"start_s":35.92,"end_s":42.12,"text":"can use it outside of your computer as a USB device and it we were're going to","speaker":null,"is_sponsor":0},{"start_s":40.52,"end_s":46.96,"text":"offer a number of different options for it from Air cooling water cooling and uh","speaker":null,"is_sponsor":0},{"start_s":45.079,"end_s":51.0,"text":"in both an open loop and a Clos Loop version the that open loop version looks","speaker":null,"is_sponsor":0},{"start_s":49.36,"end_s":56.28,"text":"absolutely insane you guys did a really good job with that and I like that you guys have all the different variations","speaker":null,"is_sponsor":0},{"start_s":54.12,"end_s":59.32,"text":"that someone could possibly want now how how can you go about connecting this I","speaker":null,"is_sponsor":0},{"start_s":57.64,"end_s":62.559,"text":"know there's the USB version like what what requirement do you need for that","speaker":null,"is_sponsor":0},{"start_s":61.079,"end_s":68.08,"text":"you just minimal requirements you can use an Android laptop you can use Mac","speaker":null,"is_sponsor":0},{"start_s":64.839,"end_s":70.36,"text":"you can use a Windows and it's it's just","speaker":null,"is_sponsor":0},{"start_s":68.08,"end_s":74.52,"text":"standard USB and you can use just about any mining program I know Mac Miner","speaker":null,"is_sponsor":0},{"start_s":72.0,"end_s":79.479,"text":"supports it bit Minter CG Miner BFG Miner and of course our own Easy minor","speaker":null,"is_sponsor":0},{"start_s":77.04,"end_s":83.6,"text":"and then for connectivity sake uh a USB header can take a crazy amount of these","speaker":null,"is_sponsor":0},{"start_s":81.64,"end_s":88.0,"text":"so you just need PCI Express power two pin uh two sets of six pins and then a","speaker":null,"is_sponsor":0},{"start_s":86.4,"end_s":93.36,"text":"USB header of some sort to go to the card right yeah and for every single","speaker":null,"is_sponsor":0},{"start_s":91.04,"end_s":98.439,"text":"Root Hub in your so every USB chip in your computer you can have up to 126 127","speaker":null,"is_sponsor":0},{"start_s":96.439,"end_s":101.119,"text":"devices connected to it so that's an absolutely insane amount of devices I","speaker":null,"is_sponsor":0},{"start_s":100.04,"end_s":104.759,"text":"know I've seen quite a few of you guys on the Forum purchasing up a bunch of","speaker":null,"is_sponsor":0},{"start_s":103.04,"end_s":107.96,"text":"really cheap power supplies and running a few cards off it this is a pretty good","speaker":null,"is_sponsor":0},{"start_s":106.68,"end_s":112.68,"text":"idea for that because it's not going to take a crazy amount of power to power each one and you just have a couple","speaker":null,"is_sponsor":0},{"start_s":111.0,"end_s":118.56,"text":"power supplies powering your extra cards which is not a bad idea yeah each unit","speaker":null,"is_sponsor":0},{"start_s":115.2,"end_s":120.24,"text":"actually consumes roughly 350 Watts yeah","speaker":null,"is_sponsor":0},{"start_s":118.56,"end_s":124.84,"text":"the main I've seen is this like uh it's a pretty offbrand about 20 $25 450 wat","speaker":null,"is_sponsor":0},{"start_s":123.159,"end_s":128.08,"text":"power supply that people are buying tons of and running a bunch of cards so that","speaker":null,"is_sponsor":0},{"start_s":126.24,"end_s":131.12,"text":"would be perfect nice yeah now what can you tell me about this Hardware wallet","speaker":null,"is_sponsor":0},{"start_s":129.52,"end_s":136.16,"text":"I've seen so our newest product is called the bitsafe and it is a hardware","speaker":null,"is_sponsor":0},{"start_s":133.8,"end_s":140.92,"text":"wallet and it will basically store your private Keys securely and never expose","speaker":null,"is_sponsor":0},{"start_s":138.76,"end_s":146.879,"text":"them to the host computer so you could take this Hardware wallet out to a a","speaker":null,"is_sponsor":0},{"start_s":144.44,"end_s":151.48,"text":"public machine a internet cafe it may even be compromised and have malware on","speaker":null,"is_sponsor":0},{"start_s":148.64,"end_s":155.879,"text":"it and working with some of the wallet manufacturers uh such as blockchain","speaker":null,"is_sponsor":0},{"start_s":153.4,"end_s":161.64,"text":"Armory that sort of thing we will you'll basically be able to send a request to","speaker":null,"is_sponsor":0},{"start_s":158.36,"end_s":163.44,"text":"sign a transaction and it will go to the","speaker":null,"is_sponsor":0},{"start_s":161.64,"end_s":168.04,"text":"bitsafe the bitsafe will sign it internally and send it back out so the","speaker":null,"is_sponsor":0},{"start_s":165.48,"end_s":172.28,"text":"private keys will never be exposed and you'll never have to worry about your","speaker":null,"is_sponsor":0},{"start_s":169.599,"end_s":175.12,"text":"Bitcoins being stolen the future is here that's freaking cool you can have a","speaker":null,"is_sponsor":0},{"start_s":173.519,"end_s":179.08,"text":"hardware wallet that's awesome because I've been I've been wondering about how that goes and it's interesting because","speaker":null,"is_sponsor":0},{"start_s":178.159,"end_s":184.519,"text":"every once in a while you hear that someone will lose their wall wallet yes it's just like oh God and well you also","speaker":null,"is_sponsor":0},{"start_s":182.72,"end_s":188.239,"text":"be when you first instantiate your wallet you'll be able to print out a","speaker":null,"is_sponsor":0},{"start_s":186.0,"end_s":192.0,"text":"paper backup stored in your safe so even if you lose your Hardware wallet you","speaker":null,"is_sponsor":0},{"start_s":190.12,"end_s":195.4,"text":"just get a new one and you reload it onto that wallet it's a really good idea","speaker":null,"is_sponsor":0},{"start_s":193.879,"end_s":199.08,"text":"we've heard some a few horror stories about that so one of the features that","speaker":null,"is_sponsor":0},{"start_s":197.48,"end_s":203.239,"text":"we're including with it is actually a solar cell on the back so you can leave","speaker":null,"is_sponsor":0},{"start_s":201.239,"end_s":208.4,"text":"it sitting on your desk or what have you and it will charge the battery you can","speaker":null,"is_sponsor":0},{"start_s":205.28,"end_s":210.879,"text":"and the screen is a version of eink that","speaker":null,"is_sponsor":0},{"start_s":208.4,"end_s":216.28,"text":"is very low power so it will even operate the screen directly if you are","speaker":null,"is_sponsor":0},{"start_s":214.319,"end_s":220.959,"text":"very low on batteries you can charge it via USB but as long as you let it sit in","speaker":null,"is_sponsor":0},{"start_s":218.76,"end_s":223.72,"text":"the light it'll charge itself I find a lot of these devices that you you're","speaker":null,"is_sponsor":0},{"start_s":222.239,"end_s":228.319,"text":"able to just sit in pretty much any light they never really die anyways because as long as you don't keep it in","speaker":null,"is_sponsor":0},{"start_s":226.36,"end_s":231.799,"text":"your pocket 24/7 they'll usually have some amount of charge and you said it's","speaker":null,"is_sponsor":0},{"start_s":229.799,"end_s":237.36,"text":"really low power too right right yes the the eing screen just uses just very","speaker":null,"is_sponsor":0},{"start_s":233.84,"end_s":238.48,"text":"minimal amount of power and it'll it's","speaker":null,"is_sponsor":0},{"start_s":237.36,"end_s":243.2,"text":"we're trying to make as low power so it'll last as long as possible without ever having to recharge now can you","speaker":null,"is_sponsor":0},{"start_s":241.879,"end_s":248.56,"text":"explain the different options you have when going through a transaction with this thing like what what what can it do","speaker":null,"is_sponsor":0},{"start_s":246.159,"end_s":251.64,"text":"in terms of transactions so addition to being able to plug it into a host","speaker":null,"is_sponsor":0},{"start_s":249.84,"end_s":255.2,"text":"computer the main feature and probably the main way people will use it is via","speaker":null,"is_sponsor":0},{"start_s":253.4,"end_s":260.4,"text":"the camera that it will have and you'll be able to scan QR codes with it it will","speaker":null,"is_sponsor":0},{"start_s":257.88,"end_s":262.919,"text":"also be able uh we're still debating on whether or not we're going to have a","speaker":null,"is_sponsor":0},{"start_s":261.28,"end_s":267.44,"text":"Bluetooth module where you can send that in real time but the the camera will","speaker":null,"is_sponsor":0},{"start_s":265.28,"end_s":272.96,"text":"allow you to use QR codes such as a like a lamu uh ATM or someone's smartphone or","speaker":null,"is_sponsor":0},{"start_s":270.88,"end_s":276.88,"text":"even another bit safe which uh the bit safe will be able to display a QR code","speaker":null,"is_sponsor":0},{"start_s":274.44,"end_s":281.72,"text":"for receiving and another bit safe will be able to send to that one so if you","speaker":null,"is_sponsor":0},{"start_s":278.88,"end_s":285.36,"text":"had if you and a a customer or a buddy or something had two bit safes you could","speaker":null,"is_sponsor":0},{"start_s":283.68,"end_s":289.44,"text":"theoretically just take pictures of each other's QR codes and transfer Bitcoins","speaker":null,"is_sponsor":0},{"start_s":287.12,"end_s":293.68,"text":"that way yes absolutely so if you're out for dinner one night you be like hey you","speaker":null,"is_sponsor":0},{"start_s":290.88,"end_s":297.28,"text":"owe me you owe me quarter Bitcoin you can send it right there from bit safe to","speaker":null,"is_sponsor":0},{"start_s":295.16,"end_s":300.28,"text":"bit safe that's awesome how much would each one of these individual units cost","speaker":null,"is_sponsor":0},{"start_s":298.96,"end_s":306.56,"text":"and the hardware each card will run it right now runs","speaker":null,"is_sponsor":0},{"start_s":303.32,"end_s":308.919,"text":"$2,100 for the 600 gash for the 300 gash","speaker":null,"is_sponsor":0},{"start_s":306.56,"end_s":313.12,"text":"I think it's around $1,200 the hardware wallet we want to make it as cheap as","speaker":null,"is_sponsor":0},{"start_s":311.16,"end_s":316.44,"text":"possible and we keep trying to get the price down get the price down it looks","speaker":null,"is_sponsor":0},{"start_s":314.72,"end_s":321.68,"text":"like right now it'll be probably in the $150 range I would love to get a some","speaker":null,"is_sponsor":0},{"start_s":319.8,"end_s":326.199,"text":"sort of device maybe not the bit safe itself but something in the $3 or $40","speaker":null,"is_sponsor":0},{"start_s":324.12,"end_s":330.36,"text":"range something we're looking at I don't know if we can do it with uh at least","speaker":null,"is_sponsor":0},{"start_s":328.72,"end_s":333.759,"text":"with all the features we want but it's something we definitely want to do I i'","speaker":null,"is_sponsor":0},{"start_s":332.319,"end_s":336.8,"text":"I've got a few people that I know that have more expensive wallets than that so","speaker":null,"is_sponsor":0},{"start_s":335.68,"end_s":341.28,"text":"while while it is a little bit up there and I'd like to see around 3040 as well","speaker":null,"is_sponsor":0},{"start_s":338.96,"end_s":344.68,"text":"I I could see a few people buying it thanks for watching our our butterfly","speaker":null,"is_sponsor":0},{"start_s":343.319,"end_s":348.72,"text":"Labs video if you want to see all of our CS 2014 content be sure to subscribe to","speaker":null,"is_sponsor":0},{"start_s":346.639,"end_s":352.88,"text":"L SE tips and as always thank you to our sponsors NC Corsair and WD","speaker":null,"is_sponsor":0}],"full_text":"Linus Tech tips coverage of CES 2014 is brought to you by nc.com your source for great technology selection and service along with Corsair memory and Western Digital hey guys we're here checking out Bitcoin and Butterfly Labs and they had something that caught my eye immediately I'd actually seen a mini press release about this before I came to the booth and just wasn't sure where they were because there's a little bit of a mixup and was really excited when I saw it so what can you tell me generally about this product so we have our new monarch product it's our 600 gigahash high-capacity as6 mining card and it's actually a dual dual system where you can use it as a PCI Express card or you can use it outside of your computer as a USB device and it we were're going to offer a number of different options for it from Air cooling water cooling and uh in both an open loop and a Clos Loop version the that open loop version looks absolutely insane you guys did a really good job with that and I like that you guys have all the different variations that someone could possibly want now how how can you go about connecting this I know there's the USB version like what what requirement do you need for that you just minimal requirements you can use an Android laptop you can use Mac you can use a Windows and it's it's just standard USB and you can use just about any mining program I know Mac Miner supports it bit Minter CG Miner BFG Miner and of course our own Easy minor and then for connectivity sake uh a USB header can take a crazy amount of these so you just need PCI Express power two pin uh two sets of six pins and then a USB header of some sort to go to the card right yeah and for every single Root Hub in your so every USB chip in your computer you can have up to 126 127 devices connected to it so that's an absolutely insane amount of devices I know I've seen quite a few of you guys on the Forum purchasing up a bunch of really cheap power supplies and running a few cards off it this is a pretty good idea for that because it's not going to take a crazy amount of power to power each one and you just have a couple power supplies powering your extra cards which is not a bad idea yeah each unit actually consumes roughly 350 Watts yeah the main I've seen is this like uh it's a pretty offbrand about 20 $25 450 wat power supply that people are buying tons of and running a bunch of cards so that would be perfect nice yeah now what can you tell me about this Hardware wallet I've seen so our newest product is called the bitsafe and it is a hardware wallet and it will basically store your private Keys securely and never expose them to the host computer so you could take this Hardware wallet out to a a public machine a internet cafe it may even be compromised and have malware on it and working with some of the wallet manufacturers uh such as blockchain Armory that sort of thing we will you'll basically be able to send a request to sign a transaction and it will go to the bitsafe the bitsafe will sign it internally and send it back out so the private keys will never be exposed and you'll never have to worry about your Bitcoins being stolen the future is here that's freaking cool you can have a hardware wallet that's awesome because I've been I've been wondering about how that goes and it's interesting because every once in a while you hear that someone will lose their wall wallet yes it's just like oh God and well you also be when you first instantiate your wallet you'll be able to print out a paper backup stored in your safe so even if you lose your Hardware wallet you just get a new one and you reload it onto that wallet it's a really good idea we've heard some a few horror stories about that so one of the features that we're including with it is actually a solar cell on the back so you can leave it sitting on your desk or what have you and it will charge the battery you can and the screen is a version of eink that is very low power so it will even operate the screen directly if you are very low on batteries you can charge it via USB but as long as you let it sit in the light it'll charge itself I find a lot of these devices that you you're able to just sit in pretty much any light they never really die anyways because as long as you don't keep it in your pocket 24/7 they'll usually have some amount of charge and you said it's really low power too right right yes the the eing screen just uses just very minimal amount of power and it'll it's we're trying to make as low power so it'll last as long as possible without ever having to recharge now can you explain the different options you have when going through a transaction with this thing like what what what can it do in terms of transactions so addition to being able to plug it into a host computer the main feature and probably the main way people will use it is via the camera that it will have and you'll be able to scan QR codes with it it will also be able uh we're still debating on whether or not we're going to have a Bluetooth module where you can send that in real time but the the camera will allow you to use QR codes such as a like a lamu uh ATM or someone's smartphone or even another bit safe which uh the bit safe will be able to display a QR code for receiving and another bit safe will be able to send to that one so if you had if you and a a customer or a buddy or something had two bit safes you could theoretically just take pictures of each other's QR codes and transfer Bitcoins that way yes absolutely so if you're out for dinner one night you be like hey you owe me you owe me quarter Bitcoin you can send it right there from bit safe to bit safe that's awesome how much would each one of these individual units cost and the hardware each card will run it right now runs $2,100 for the 600 gash for the 300 gash I think it's around $1,200 the hardware wallet we want to make it as cheap as possible and we keep trying to get the price down get the price down it looks like right now it'll be probably in the $150 range I would love to get a some sort of device maybe not the bit safe itself but something in the $3 or $40 range something we're looking at I don't know if we can do it with uh at least with all the features we want but it's something we definitely want to do I i' I've got a few people that I know that have more expensive wallets than that so while while it is a little bit up there and I'd like to see around 3040 as well I I could see a few people buying it thanks for watching our our butterfly Labs video if you want to see all of our CS 2014 content be sure to subscribe to L SE tips and as always thank you to our sponsors NC Corsair and WD"}