Gaming System Bitcoin Wagering and Mining Integration
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Solution Overview
Problem
Current gaming machines do not utilize bitcoins as a form of currency, limiting player options and gaming experience excitement.
Innovation Solution
Integrating bitcoins and bitcoin fractions into gaming systems, allowing players to wager and receive awards in bitcoins, and utilizing processing power to mine new bitcoins, with interfaces for mobile and networked environments.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If gaming machines utilize traditional currency only, then the system is simple to operate, but player options and gaming experience excitement are limited
Solution Approach 1:
The gaming machine is designed to accept multiple types of currency including traditional fiat currency and bitcoins, allowing the same device to serve both traditional and cryptocurrency-based gaming functions. This multi-functionality approach enables the system to accommodate diverse player preferences without requiring separate dedicated machines for different currency types.
Solution Approach 2:
The patent introduces a currency conversion mechanism that acts as an intermediary between traditional currency systems and bitcoin systems. This intermediary component facilitates seamless transitions between different currency types, handling conversions and maintaining proper accounting without exposing players to system complexity.
2Adaptability or versatility
If gaming machines accept bitcoins, then player options and excitement are enhanced, but the system complexity increases due to integration requirements
Solution Approach 1:
The patent combines bitcoin acceptance functionality with traditional gaming machine operations into a unified system. The bitcoin acceptance module is integrated with the existing credit, wagering, and payout mechanisms, allowing bitcoins to be processed through the same operational workflow as traditional currency without requiring separate parallel systems.
Solution Approach 2:
The gaming machine's processor and control systems are designed to handle multiple currency types through universal processing logic. The same core gaming software and control architecture that manages traditional currency operations is extended to also manage bitcoin transactions, reducing the need for separate dedicated systems.
3Quantity of substance
If processing power is used for mining bitcoins, then new value is created and players are rewarded, but energy consumption increases
Solution Approach 1:
The gaming machine utilizes its own idle processing power to perform bitcoin mining operations during periods when the machine is not actively being played. This self-service approach allows the system to generate bitcoin value for distribution to players without requiring separate dedicated mining hardware or external energy resources.
Solution Approach 2:
The system maintains continuous operation by utilizing processing cycles during idle periods between player interactions. Rather than leaving processing power completely idle, the system continuously performs low-intensity mining operations that can be paused or adjusted based on active gaming demands, ensuring productive use of available computational resources.
Data Source
AI summary
The gaming system may enable a player to wager an amount of bitcoins on one or more plays of one or more primary or base games. If a player wagers an amount of bitcoins on a play of a game, the gaming system may determine and display an outcome for the play of the game. The gaming system then may determine if any award may be associated with the determined outcome. If an award having a value greater than zero is associated with the determined outcome, the gaming system may provide the determined award to the player, such as an amount of bitcoins.