Friday, November 10, 2017

Heat Your House Mining Bitcoin!

The mining rigs do throw off a bit of waste heat.

From Quartz via Curbed:

This tiny house is heated by bitcoin mining 
https://cdn.vox-cdn.com/thumbor/L2A0P7fmWmZT8goXLQg9sJi1A6Y=/0x0:889x500/920x613/filters:focal(374x179:516x321)/cdn.vox-cdn.com/uploads/chorus_image/image/57532327/Siberia_cottage_heated_for_free_bitcoin_mining_2_889x500.0.jpg
From Iceland’s volcanic heat harvesting to a Norwegian couple’s use of a giant glass dome for solar gain, colder climes seem to inspire new ways of warming up homes. And now, a pair of Russian entrepreneurs are experimenting with a futuristic way of not only heating homes, but making sweet cash in the process: bitcoin mining.

Bitcoin mining entails using a computer—or hundreds of computers—to validate transactions made with the cryptocurrency. All that computing generates a surprising amount of heat. While there’s been talk of harvesting the heat from large data centers, builders Ilya Frolov and Dmitry Tolmachyov wondered if they could use the same principle to heat private homes.

The pair built a simple 215-square-foot house in the Siberian town of Irkutsk and installed two bitcoin miners. The heat from these small computers warms up a liquid that’s then pumped through a sub-floor heating system. The cabin is essentially heated at a profit of $430 a month from processing transactions....