this technology was created by Austin - based tech Moon Studios . It syncs with fitness trackers , such as the Jawbone , to measure heart rate . App tests length of activity to determine how much energy is being used . users then converts this energy into ' saving time on a Bitcoin mining rig ' During a demo the designers earned five cents for four minutes activity . And the more energy a user expends , the more digital energy they mine .
Concept technology was created by Austin-based Chaotic Moon Studios . It syncs with fitness trackers , such as the Jawbone , to monitor heart rate . App tracks length of activity to determine how much energy is being used . Algorithm then converts this energy into 'CPU time on a Bitcoin mining rig ' During a demo the designers earned five cents for four minutes activity . And the more energy a user expends , the more digital currency they mine .