I only turn on the heat when I want heat. Mining bitcoin to heat my home seems backwards.
Might be different if you live somewhere permanently cold
Bitcoin mining heats homes for free in Siberia [video]
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Re: Bitcoin mining heats homes for free in Siberia [video]
#92This technique could pair nicely with another problem we have- storing solar power.
In theory, you could build a system which uses solar power to mine bitcoin during the day, and store that heat somewhere (like an underground tank of water) until you need to warm your house at night.
Of course its not a perfect solution because the coldest places are obviously also the places which get the least sunlight.
Re: Bitcoin mining heats homes for free in Siberia [video]
#93Dumb question...
How much does a Bitcoin mining rig usually last for before it needs replaced?
Re: Bitcoin mining heats homes for free in Siberia [video]
#94Can someone talk me out of using this to heat my apartment in San Francisco?
Re: Bitcoin mining heats homes for free in Siberia [video]
#95Re: Bitcoin mining heats homes for free in Siberia [video]
#96Earlier quoted context omitted.
He lived in a house like this? https://vignette3.wikia.nocookie.net/simpsons/images/1/18/Th... Your description makes it sound like the most bizarre mixed use building. Townhouse/industrial equipment shed/warehouse is quite the combo. I can't imagine how they classified that for tax purposes or what the land was zoned for. Assuming the actual emitters were high above his head and fairly directional then it probably w…
> He lived in a house like this? ... Append a giant concrete warehouse to the side and move the tower into the back yard and, yes. > Your description makes it sound like the most bizarre mixed use building. Agreed on all points :) I should ask next time I see him about the zoning. I speculate it was some kind of employee/maintenance quarters. His job was to go into the transformer room once per day and make sure the…
> His job was to go into the transformer room once per day and make sure the green light was still blinking. (Kidding, not sure what the arrangement was :)
Ah, but did he have a dog whose job was to bite him if he tried to touch any buttons?
Re: Bitcoin mining heats homes for free in Siberia [video]
#97Earlier quoted context omitted.
To be fair a heat pump probably wouldn’t work in Siberia with such low temperatures. Most heat pumps are no good below 20f.
That's true, I'm speaking more generally about bitcoin mining for heat, but it may make more sense in Siberia if electric heaters are the dominant heating method. There are other reasons electrical heating isn't great, heat pumps aside. An average coal plant (in the US in 2015, I'm using EIA numbers) was about 34% efficient in turning the energy in coal into electricity. Then you lose about 5% of that in transmission…
> Obviously you can't do that
Actually, you can. I know a few people in Pennsylvania, West Virginia, and upstate New York who use coal stoves to heat their homes.
Re: Bitcoin mining heats homes for free in Siberia [video]
#98Earlier quoted context omitted.
That's true, I'm speaking more generally about bitcoin mining for heat, but it may make more sense in Siberia if electric heaters are the dominant heating method. There are other reasons electrical heating isn't great, heat pumps aside. An average coal plant (in the US in 2015, I'm using EIA numbers) was about 34% efficient in turning the energy in coal into electricity. Then you lose about 5% of that in transmission…
That's pretty reasonable, but let's get really serious--You can be more efficient than that . This winter I may buy a bicycle-electric generator, an inverter, and use it to power my laptop to mine bitcoins. This heating beats a mere 98% gas heater by capturing generated heat most efficiently: Directly inside my body. The remaining kinetic and electric energy heats my house. And since I need to lose weight anyways, th…
Ah, but the total efficiency of getting and consuming calories is quite poor. Unless you eat coal, in which case it's probably other problems that are primary.
Re: Bitcoin mining heats homes for free in Siberia [video]
#99O once had a little freelance gig for a company that did offer computing resources to one part of their customers and heat for houses and water to the other with just that concept. cloud & heat
Re: Bitcoin mining heats homes for free in Siberia [video]
#100Earning $430 for month by bitcoin mining. What about the electricity costs?
If you factor in electricity costs and the money they spent on infrastructure(GPU's and high-end machines), it is a dumb idea. They could have spent $30-50 on heating equipment instead.