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Bitcoin mining heats homes for free in Siberia [video]

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Re: Bitcoin mining heats homes for free in Siberia [video]

#151

Earlier quoted context omitted.

> Whether it's money positive vs resistive heating Strictly speaking, isn't it just a special case of resistive heating?

It's resistive heating that does something that most resistive heating doesn't do: generate some level of additional income in the form of cryptocurrency.

Only if you need full power heat 24/7 365. If you ever want to turn it off then it's costing you deprecation on very expensive hardware, vs a simple heating element.

Remember, few things need constant heat output 24/7 365, otherwise your going to want to generate some or all of your heat from other sources.

Re: Bitcoin mining heats homes for free in Siberia [video]

#152

Earlier 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…

Interesting point about on-site combustion heating. Assuming that the fossil fuel to electricity conversion is about 1/3 efficient and the heat pump CoP is 3, then on-site combustion heating is effectively as "efficient" as a heat pump. I guess the main point is that "fossil fuel -> electricity -> grid -> heat pump" cycle seems crazily inefficient in terms of losses, especially when heating is a large portion of elec…

Combustion heating probably has some loss in the delivery system and some heat goes out with the exhaust, so the heat pump may win, slightly.

Re: Bitcoin mining heats homes for free in Siberia [video]

#153

Of course, it would be cool if Bitcoin didn't require throwaway computation. Then we could use this computation for something that's actually valuable, like protein folding, or something, and still make use of the waste heat.

Isn't that the premise of Ethereum?

Unfortunately not, but it's one of the premises of HashGraph (https://hashgraph.com).

Re: Bitcoin mining heats homes for free in Siberia [video]

#154
post #31

This reminds me of a story; a buddy of mine during my college days lived in a solitary townhome adjoining a million-watt microwave emitter room. The thing produced enough waste heat to warm the apartment in the dead of winter, even with all the doors and windows open, plus the adjoining warehouse which was several times the volume of the dwelling. I was envious at the time, although now I wonder about the health impl…

It was probably fine; microwaves are fairly easily blocked by even a very thin metal screening. The main health issue with microwaves is the heating caused by it. The eyes are usually what is damaged first because they tick all 3 boxes of: * Easily damaged by heat * High water content * No good way of shedding heat Testicles hit the last two, and the degree to which the first is true is debated.

> It was probably fine; microwaves are fairly easily blocked by even a very thin metal screening.

That makes sense in retrospect, given we humans routinely stand with our noses pressed against thinly-screened microwave oven windows waiting for food to heat, apparently without health effects!

Re: Bitcoin mining heats homes for free in Siberia [video]

#155

Of course, it would be cool if Bitcoin didn't require throwaway computation. Then we could use this computation for something that's actually valuable, like protein folding, or something, and still make use of the waste heat.

>it would be cool if Bitcoin didn't require throwaway computation Sure, but that's a technology that does not exist. If you can figure out how to create a blockchain-like concept, where the 'proof of work' actually contributes to humanity, you have invented the next big thing. Edit: Reading the comments below me, it looks like this is a space that is being actively explored. Exciting!

As long as your problem can be defined entirely by data from the previous block and there is a nonce you can vary you can adopt proof of work to just about anything.

The problem is that for most problems you don't want to explore the space of potential problems randomly, you want to select ones that people care about. If you allow an actor to dictate what problem to work on then you can have that actor pick a problem they have already solved and will be able to roll back tx arbitrarily once they have control.

Re: Bitcoin mining heats homes for free in Siberia [video]

#156
post #104
post #90

Earlier quoted context omitted.

I think that's essentially what they did. I got to go into the transmitter room and see the 1' diameter copper pipe which I was told carried the radiation out and up to the tower, and which not to approach too closely.

This whole story sounds horrifically dangerous and unlikely to be approved of with regards to zoning and building inspectors. By that, I mean I'm a tad bit green with envy.

My thoughts exactly. If I ever write a hard sci-fi novel I want to adapt this setting somehow.

Re: Bitcoin mining heats homes for free in Siberia [video]

#158

Didn't watch the video, but a quick point on how the energy efficiency of this works out: Electric heaters are 100% efficient at turning electrical energy into heat. All the energy they take in, that's where it goes. Bitcoin mining (and computers in general) are basically in the same boat. There's some ancillary energy use for blowing air around or shining lights or making sound waves, but for the most part the elect…

This is what we are doing at Qarnot Computing for 5years. We created a heater using CPU as a heat source. People send a docker image (3d rendering, financial analysis...) and we run it on heaters deployed in buildings in Paris where people are heated for free (we refund the electricity cost) https://computing.qarnot.com https://www.qarnot.com/faq/ Disclosure: I work there :)

Love the idea ! I would love to work with you if I didn't have a nice project in the same time.

Small error in the FAQ though: "kW/h" ;-)

Re: Bitcoin mining heats homes for free in Siberia [video]

#159
How to measure the clickbait coefficient of the headline:

A: imagine the situation the headline literally describes ( Bitcoin mining heats homes for free in Siberia)

B: read what the article describes (A cottage that’s heated for free with bitcoin mining)

clickbait_coefficient = the distance between A and B

Re: Bitcoin mining heats homes for free in Siberia [video]

#160
post #122

Earlier quoted context omitted.

This is silly, CPUs are 100% efficient at converting electrical energy into heat. Where do you think that 'ancillary energy' is going? Obviously heat pumps are more efficient - that's kinda beside the point though. The main point here is you can take anywhere you had a resistive heating element and replace it with a mining chip, and you're now doing something useful with that energy you were turning into heat anyway.…

and you're now doing something useful with that energy you were turning into heat anyway. Is it useful? My (limited) understanding is that most of the work is just arbitrarily difficult number guessing for the sole purpose of being throttled...

It's useful because it's useless. Different definitions of "useful" at play there. Proof of work is by design unable to do anything other than provide a probabilistic proof of energy expenditure, but such proofs are themselves useful.
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