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cryptocurrency miner space heater

You're going to pay 10xx as much for a bitcoin miner as you would for a space heater, so even one extra would throw off the cost-benefit analysis. The French company Qarnot has a heater, the QC-1 "crypto-heater" that is used both for mining and heating. I've always heated my house with miners in the winter. Learn the basic mechanics of using mining heat exhaust to warm a home answer is: put the miner in a room and use it as a space heater. INTERACTIVE BROKERS FOREX ECN STP

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TL:DR: pretty much any form of energy can efficiently turn into heat. According to this Canadian government page about heat pumps , air source heat pumps typically achieve a 3. Using electric power to run a miner instead of a heat pump is an opportunity cost, if it would be possible to install a heat pump. So the coins you mine have an opportunity cost: you could have gotten more heat for the same power input.

But if you were going to be using electricity to do any mining at all, using the heat output for something useful is good, when possible. If the alternative is putting your mining rig in an uninsulated shed or something and still needing to heat your home, that's worse than having some mining power heating part of your house.

As others have pointed out, you wouldn't want to try to provide all the heating via mining: heating needs are highly variable depending on weather, sunlight through the windows, and other heat sources like using your oven for cooking , but you normally want your bitcoin mining to be on all the time.

To pay for the initial investment of buying the expensive hardware which costs much more than a dumb space heater; basically just some resistive wire that you put voltage across. The amount of mining power you can have indoors in a given month without causing a problem is approximately the best case smallest amount of heating that you'll need at any time that month.

The rest of the heating load should come from thermostat-controlled regular heating, like a heat pump, oil or gas, or worst case dumb electric heat that just gets hot. And hopefully that heating system distributes heat around your home better than a miner in one spot, modulo whatever air circulation you arrange to move the mining heat around. This "safe" amount of mining might be a few hundred watts, again depending on the month and the size of your home, and if you can hook it up to an existing air circulation mechanism to distribute heat around instead of making one room hot.

If you had more mining power indoors, you'd need some of it on a thermostat, to shut itself down when the room gets above human-desired temperature. How does bitcoin mining work in practice? You can withdraw funds from mining anytime through the Heatbit mobile app. Will there be fees to withdraw funds into my wallet?

You will need to pay the network transaction fees, Heatbit doesn't charge any withdrawal fees. Safety Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet.

Nunc ut sem vitae risus tristique posuere. Do I get a discount? Please send us an email with a description of your order number of items, description of your company and your country , as well as any other questions to business heatbit. Patent pending technology and design.

Heatbit Inc.

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This Space Heater Mines Bitcoin While Keeping Your House Warm

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