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Dallas Mavericks’ Spencer Dinwiddie has partnered with the world’s largest crypto-only online store for launching the Bitsneaks shoe.
An embroidered logo, a black-on-black colorway, contrasting sole are what the Bitsneaks look like. However, a feature that makes Bitsneaks unique and attractive is an 825-lumen LED that shows the live price of the world’s leading cryptocurrency, Bitcoin.
The Bitsneaks shoes are the world’s most high-tech sneakers displaying the BTC’s live price. What’s more interesting is that it doesn’t end here; there’s more to it.
Displaying Live BTC Price Is Not Coolest Best Feature
The high-tech shoes have built-in internet communication embodied in their sole.
What’s more intriguing is its shoebox, which performs the dual functions of a container and a Bitcoin mining rig. However, it is important to know that Bitsneaks themselves claims that the rigs are “extremely slow.”
It would take around 1.7 billion years to mine a block with a difficulty level of 27.45 T, rated at 2.769 MH/s. Meanwhile, Bitmain’s S19 XP miner has a hash rate of 140 TH/s, 50,000,000 times more efficient than what is being offered by Bitsneaks.
Sergej Kotliar, the founder of Bitrefill, says that the Bitsneaks are being launched against Nike. But, interestingly, Kotliar himself doesn’t seem too serious about it and even calls Bitsneaks “something truly silly.”
Kotliar goes on to say that, as everyone says, to build something to try and beat big players such as Nike just proves that “a small dedicated team like ours can do when trying to achieve something truly silly.”
Till now, one question might be going around in your brain, but how much do these shoes cost? The answer is that you can purchase them for 1 BTC (trading at $40,761.16 at the time of writing). An unrevealed premium sneaker marketplace will be distributing the unique shoes.
Bitrefill: A Brief Overview
Bitrefill makes the use of cryptocurrency easier by providing products and services on its website. In addition, it also renders gift card purchases at retailers like Steam, eBay, Uber, and Amazon.
Using their website, you can use crypto assets to access gift cards, prepaid mobile refills, and Lightning Network services.
The company believes Bitcoin and Lightning Network technology offer a private and secure user experience and initiate fast delivery anywhere in the world. The users just need an email address in order to receive a receipt, access customer service, and, if applicable, voucher codes.
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Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
