• ashenone
      4·
      3 years ago

      I do the same with XMR miners in the winter. If I gotta use electric heat might as well make it useful!

      • PointyFluff
        3·
        3 years ago

        A space heater consumes 1500 w. My miner consumes 1300 w. A space heater doesn’t have any return on the power cost except heat. My miner brings about $5Usd in profit per week after power.

      • leanleft
        2·
        3 years ago

        i think you would need a good ASIC miner to make it plausible.
        generally, many people think POW coins are bad for the environment.

        • Slatlun
          1·
          3 years ago

          If you use the energy input to do work and consider the heat generation as waste, I see the carbon impact of mining.

          If you just use the cpu as a substitute for the resistance coil in a space heater with the intention of making heat, is there waste?

          My understanding (and I could be absolutely wrong) is that nearly all of the energy used by a computer is converted to heat eventually. If that’s true the only difference is that some work gets done in the middle. Is that right?

  • Arthur BesseA
    1·
    3 years ago

    As I noted in a comment here the story about bitcoin’s hashrate decreasing by 14% (or even measurably at all) due to events in Kazakhstan was totally fake and is trivially debunkable by just looking at a graph of the hashrate.

    The Guardian 🤌