Have you priced these mining rigs? I think if you were gonna mine anyway the heat would be awesome to use. I wonder how much heat loss in moving the heat there would be.
Run a solar miner and the heat retention is a net gain against your heating fuel costs. On Sun, Jan 10, 2021, 1:18 PM Mike Hammett <[email protected]> wrote: > That also has a much higher cost of entry. > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > *From: *"Mark Radabaugh" <[email protected]> > *To: *"AnimalFarm Microwave Users Group" <[email protected]> > *Sent: *Sunday, January 10, 2021 12:51:11 PM > *Subject: *Re: [AFMUG] OT: Bitcoin > > Mining bitcoin with the rational of generating heat for your house is a 1 > to 1 efficiency from a thermodynamic standpoint. Every KW of heat costs > you whatever your electric rate is. You are earning some money (coin) for > each KW which reduces your effective heating cost. > > At this point I don’t think any of the currencies mining value is even > close to the electric rate required to produce it. Put your money into a > good geothermal system that gives you 3KW of heat for each 1KW of > electricity you put into it. > > I’m willing to bet you will be farther ahead spending your money on > geothermal, solar, and insulation. > > Mark > > > > On Jan 10, 2021, at 1:22 PM, Matt Hoppes < > [email protected]> wrote: > > > > Now this is an interesting idea I had never considered! > > > > On 1/10/21 1:15 PM, Mike Hammett wrote: > >> I'm intrigued by mining cryptocurrency to generate heat in my house > that pays for itself. > >> I understand that there is something called profit switching that > changes which currency is being mined based on profitability. > >> I understand that ASIC miners are way more profitable. > >> I understand that algorithm support in ASIC miners varies. > >> Where can I go to separate the wheat from the chaff? Google returns a > lot of crap. > >> I understood that you mine the coin, stuff happens, then the coin goes > into your wallet, of whatever type. You then hold it or exchange it for > goods or cash. > >> What are pools? > >> What are stratums? > >> Where can I find more information on asic miners, to find which ones > are best able to generate a return for their cost? > >> ----- > >> Mike Hammett > >> Intelligent Computing Solutions <http://www.ics-il.com/> > >> <https://www.facebook.com/ICSIL>< > https://plus.google.com/+IntelligentComputingSolutionsDeKalb>< > https://www.linkedin.com/company/intelligent-computing-solutions>< > https://twitter.com/ICSIL> > >> Midwest Internet Exchange <http://www.midwest-ix.com/> > >> <https://www.facebook.com/mdwestix>< > https://www.linkedin.com/company/midwest-internet-exchange>< > https://twitter.com/mdwestix> > >> The Brothers WISP <http://www.thebrotherswisp.com/> > >> <https://www.facebook.com/thebrotherswisp> > >> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > > > > -- > > AF mailing list > > [email protected] > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com >
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