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by harryh 2990 days ago
The story behind this theory (which is quite plausible imho) would be much more interesting than the public remarks from earn and coinbase. The actual products released by the company have always seemed pretty trifling considering the massive amount of funding. Things never really added up.
1 comments

Originally 21 produced hardware, which I imagine is a much more expensive industry to be in. That may have something to do with it.
Their hardware device was stupid though. A headless linux server combined with some shitty bitcoin mining hardware and software. It served no purpose.

It was 100% obvious that it was DOA. I can't even believe that the people at the company thought it was a good idea.

Compared to Theranos that is stellar performance for a fraction of the investment.
Okay. Doesn't mean it wasn't expensive to try