291–300 of 419 posts
This makes sense unless you have the option of natural gas heating, then not so much.
In fact a heat pump's efficiency is about 300%.
Earlier quoted context omitted.
The flipside, if you have a CPU and you can't keep it pegged 100% of the time, are you wasting resources?
No, because a CPU isn't a consumable resource, like electricity or labor. You should occupy the CPU with all valuable work (for whatever definition of value) but keeping it pegged for no reason makes no sense, and just wastes electricity.
I did this in an apartment I lived in years ago, and do it now in my house. My computer room in the house is the lowest point in the house, so naturally, it tends to be a couple degrees cooler than the upstairs. This means that if I set the thermostat so that the computer room is comfortable, the bedroom is too warm. If I run the house circulation fan constantly, it's not an issue, but that consumes a decent amount o…
I would really like to try NiceHash, but the fact that I have to add it as an exception to Windows Defender antivirus, and that one of the founders has previously been convicted [0] and served time for writing botnet malware, really gives me pause. [0]: https://en.m.wikipedia.org/wiki/NiceHash
I did this in an apartment I lived in years ago, and do it now in my house. My computer room in the house is the lowest point in the house, so naturally, it tends to be a couple degrees cooler than the upstairs. This means that if I set the thermostat so that the computer room is comfortable, the bedroom is too warm. If I run the house circulation fan constantly, it's not an issue, but that consumes a decent amount o…
Aren't you concerned with hardware degradation with your GPU running at 100% most of the time?
Earlier quoted context omitted.
What is the $ cost of the power?
About $20-25/month. But it's not as if the cost of power is wasted. It's generating heat which I desire. If my GPU is consuming 300W, then that's 300W of heat that my heater doesn't have to generate.
All power is JIT. It makes a difference.
1. At an individual/hobbyist level this is a fine thing to do, if one is already a cryptocurrency enthusiast. 2. At a social/planning level it is important to remember that opportunity costs matter, and this should not be recommended as public policy. One kWh of electricity could either be used for mining bitcoin (creating at most one kWh of indoor heat), or it could be used for running a heat pump[*], yielding multi…
Definition of efficiency (from Google): the ratio of the useful work performed by a machine or in a process to the total energy expended or heat taken in. Heat pumps are >100% efficient. Usually, we cannot convert all input energy into useful work, so efficiency is always 100% efficiency.
If you count the heat taken from the space around the condenser, which you should based on Google's definition, heat pumps are only 100% efficient.
Calling heat pumps >100% efficient is like calling my solar water heater >100% efficient. True if you only count the electrical input, and not other sources of energy.
Earlier quoted context omitted.
He is using a heat pump, he is using the excess heat of the miners to pre-warm air used by the heat pump to heat his house. The miners offset some of the cost of the heat pump and pay for their own electricity use.
I'm pretty sure it would be more efficient to directly heat the air inside than the heat pump input, though. At most they can transfer exactly the added energy.
He is seeing cost as a major concern. Getting coins for a set amount of energy and using the extra heat as offset for his heating bill. So I could see if you did this right it could come out better. But that would need to be graphed out.
Earlier quoted context omitted.
The flipside, if you have a CPU and you can't keep it pegged 100% of the time, are you wasting resources?
No, because a CPU isn't a consumable resource, like electricity or labor. You should occupy the CPU with all valuable work (for whatever definition of value) but keeping it pegged for no reason makes no sense, and just wastes electricity.
Your return on the opportunity cost is maximized if you can do work closest to the time the card was acquired.
If you buy a card and leave it in the box for 10 years you have not 'consumed' the card, but you have wasted a few hundred dollars.
From an electricity and financial perspective if you have valuable work to do, your costs are minimized if you do that work closest to the purchase date.
This is obvious if you have a significant workload, but maybe not as obvious if you are running CAD. Is the cost of a new card worth the time saved by the new card? Significantly more efficient if you can keep it busy.
Earlier quoted context omitted.
Definition of efficiency (from Google): the ratio of the useful work performed by a machine or in a process to the total energy expended or heat taken in. Heat pumps are >100% efficient. Usually, we cannot convert all input energy into useful work, so efficiency is always 100% efficiency.
A heat pump in a −273 °C space will convert electricity to heat at a 1:1 ratio. If you count the heat taken from the space around the condenser, which you should based on Google's definition, heat pumps are only 100% efficient. Calling heat pumps >100% efficient is like calling my solar water heater >100% efficient. True if you only count the electrical input, and not other sources of energy.
Also, to nit pick: Kelvins are not degrees and do not use a ° sign.