Topic: Bitcoin wastes electricity? - No - Heat your home with mining (Read 525 times)

Try doing this in a tropical country like mine, pretty sure that you won't be using it that much because most of the time, it's hot in here and even if it's rainy season, the temperature is just right and a blanket and hot coffee would be enough to stave off the cold. Maybe in countries that experience winter it might see a lot of usage.

I am using it,my old GPU rig with 6 x Rx 570 cards I turned it on in the 30 September date because the government threaten us to increase the energy power by 5x and if I turn on my A/C it uses like 3.1 Kw an hour while if I am using the rig to generate heat it does two things,it mines at a loss right now but beside that it generates relatively good heat for my living room which is not that big and I am happily doing it,this way I am also saving energy as this consumes 900 watt compared to 3100 the air condition does.

Europe should do this too especially now that the energy prices have skyrocketed there.

Of course you are right, of course it is not suitable for a warm climate, but why not use your old Asics in immersion systems for heating needs if you live in a region where it is cold for 9 months, in combination with a heat pump and an air heater to relieve heat in summer it can work.

I can honestly say that since discovering Bitcoin in 2011, I have probably used my home's heater maybe twice.  I would rather get a blanket and setup another GPU than produce heat just to produce heat.  It's been an interesting ride, I know that much.  Granted, I'm in the desert so I don't have a need for heat more than maybe 4 months out of the year at most, but those few months when I need the heat, my house is nice and toasty.  Just close the exhaust valve I installed to get rid of heat and enjoy the warmth. 

For example, here is a photo of the implemented immersion cooling model for heat recovery for heating your home, in my opinion, it is done well and with benefits for both the family and the network, besides, if you already have Asic's, then why not just use them instead of heating elements or gas. https://bitcointalksearch.org/topic/m.60833198

Actually here is his photo:

Recently we hear much news and seen many articles about bitcoin and power consumption while mining bitcoin, that's mostly because of summer and during this time since the power consumption increases all over the world the governments and organizations will try to say the power consumption is because of bitcoin while the power consumption of pricing money and managing the traditional bank systems in much higher than this. Even if we consider the consumption is high still we can use the heat generated by bitcoin miners for your house as the op mentioned. So we cannot call that waste of energy.

Bitcoin never wastes electricity. I don't know if Bitcoin can heat the house or not. But Bitcoin is a trusted currency. We may need to transact in this currency in the future. Because very soon Bitcoin will be legal in all countries and all transactions will be done with this Bitcoin then there will be no third party hands. And this Bitcoin never wastes our electricity but otherwise I would say running fans and televisions in winter days wastes electricity.

Lol. Your shitcoin wouldn't have even a single supporter had Bitcoin not earned the success it deserved. Its price would rise when Bitcoin's price rises. Its price would fall when Bitcoin's price falls. That's the life of these parasitic shitcoins. So don't pray that Bitcoin would fall because that would also mean your shitcoin would also become trash.

It's just so sad that you have to promote your shitcoin by recycling FUD against the very coin that made your shitcoin possible. If I were you, I'd enjoy this winter by selling all your shitcoin for Bitcoin.

So you're telling me running a 2kw appliance for one hour will burn 1kwh of electricity and turn it into heat and 1 kwh will just be .. transferred where? Do you actually understand the law of thermodynamics?
Energy can only be transformed in a system, it can't be destroyed, I suggest you write down an essay and send it to those idiots at universities telling them how you found a way to destroy energy and not create any other form.


It's far better if you try something else.
Buy a heater since you obviously never owned one, buy the cheapest smart socket on the market that has power readings and you're going to be in a for a surprise to what happens to that electric heater when it hits the built-in limits, magically the power consumption will drop to zero.
Because there is no way in this universe to run electricity through something without generating heat, again laws of physics, 6th grade.


Exactly!
There is a law, you earn it in the sixth grade, and energy can't be created or destroyed in a closed system.
Since the heater is not giving the energy in its pure form away, it only transforms it, there is no way (again laws of physics) for 1 kw to equal once 0.8 joules and once 78 joules, again, it's the law of physics.

but this will still depend in which place you are living because there are large area of bitcoin user that does not need heating their house , but this does not imply that bitcoin is a waste of electricity because like the first post says, no matter if you are heating or not your house there will always other that will waste electricity .well that is what I also mentioned here because not all bitcoin user or miner are from cold weather country .

But, I think the electrical cost of the refrigerators are not that much as when compared to those bitcoin mining machines. A miner can get a good profit but that will still look small if they minus their electrical cost and what if the miner experience some issues? There is a big chance that they will lose more than what they can earn.

The idea of using the heat on the bitcoin miners is great but I think this only applies to those who own a large btc mining company and not to those who only have one or two miners inside their house. This will also work great in those countries who have a colder temperature while it can be dangerous on countries who are hot already as too much heat may cause a fire.

You need electricity in the first place for mining, if there is no electricity because of the gas crisis for example you can't mine and therefore you can't recycle the energy spent by mining to heat the house or other things, anyway energy recycling seems like a very attractive idea to stop the constant screaming about wasting bitcoin For energy, this process can be used for many things, not just for heating.

Your claim is situational, if I were to build a rig in a tropical country like mine, I am pretty sure that the dispersed heat won't be of any use to me because it doesn't get freezing cold here. I would agree that it can work especially if you're in a cold climate country but it's not a good idea for me especially with an expensive electricity.

its more about using an asic you already have, rather than buying a brand new asic purely for heating

heck i have an old s2 bitmain of 1kw. that belts out more heat than a 2kw portable heater does

i dont mine it. as the reward is crap(its only a 1thash)
but just using it as a warm foot stall/rest.. that radiates the room has its uses at certain times of the year(just for giggles of seeing if it still even turns on/works)

Well, I will rather invest in a few Gas heaters.. than buying a Bitcoin mining rig with several ASICs to generate heat to heat up my house. Even if you subtract the profits from your expenses to buy and run the mining rig, it will still make it the most expensive method to heat your house!

It is a total different story, if you going to mine in any way... then the re-use of the heat is a added bonus in cold countries. Imagine a few large corporations in cold countries that will do this to reduce their "heat" bill and to supplement their income for their business. 

do i really need to explain common sense real life stuff that people learn from just living their life and experiencing things.. .. seems i do

so sit back take your hands off the keyboard. and read for next couple minutes. you might learn more in a couple minutes than you have in years
and no replies with debates about my tone, manner or expressing my reply negatively.. you asked a silly question so deserve a less than pleasant lesson(yet again)

firstly
i dare you to take 20 different (randomly picked) heaters all using 2KW and i guarantee you they all wont be emitting the same radiant heat.. at the thermo dynamic efficiency limit you think heaters work at..

you want to imply they must all be following some max efficiency of some natural law of all converting 2kw into Xmj of heat.. that no other product can surpass... you will prove yourself wrong instantly by test driving heaters..

scared to try? well lets move on to the other thing you are not sure of

as for your question of  where does X energy go if not used to produce heat
not all materials produce the same heat from the same electric current flowing through them. also many heaters also produce light as part of the heating element (halogen heaters)

alos regulations prevent devices described as heater rom going too far in regards to heat.. its called fire safety regulations, where by energy is wasted BY DESIGN for comfort and safety..

yep if one material can radiate a space of 2metres using a intense light(halogen) heat system.. some regulator would come along and say the light is too bright and can burn somones retina's or their skin if too close so they use a less efficient material to get the heat without the light.
thus devices do not function at the max limit of thermo dynamic law.. by design

or from the other side of convection heating some materials can blow out enough heat to radiate 2metres space and again regulators will say thats great for people at the 2m circumference but anyone touching the unit will sizzle their hand off touching it or the unit might produce a house fire. so again. design changes to dampen down things

if you think room heaters are just left to "cook" at max temp of the energy input efficiency. you are sadly mistaken.

oh and good quality material that can work efficiently to convert energy into heat without reaching extensive heat that can burn or ignite nearby objects, but these comes at a cost. so those making CHEAP heaters dont use those materials so more energy is required to heat up inefficient material.

"energy rating" appliances are not based on efficiency of thermo dynamics efficiency limits.. .. its based on a arbitrary amount lower then that..  deemed acceptable to regulators as "efficient" in regards to known materials manufacturers deem cheap/safe to be plausible to use for consumer goods, by which making those products wont risk a companies liability or risk

oh by the way..
i can cook eggs and bacon on this 1kw appliance
https://www.amazon.com/Elite-Cuisine-ESB-301BF-Electric-Indicator/dp/B00C8C5I7I/ref=sr_1_4?keywords=battery+operated+cooking+appliances&qid=1662446687&sr=8-4
easier, better, quicker, safer then i can cook eggs and bacon on a 2kw halogen room heater

yep.. i travel alot mainly in hotels, guest stays.. and sometimes i tour around
i see many people in caravans/RV's open their windows in the morning when they cook breakfast because their 1KW cooker fills their caravan/RV with heat faster then the silly 2kw halogen heater does at night, where they still end up needing blankets and extra things to get warm

I guess I've used it a lot. so it's hard to write them all down. like I used it the last few months to send money abroad to my brother with bitcoin.
I also use it to deposit in some of the games I play and my various activities on the internet that require a deposit I often use BTC. although sometimes also in other crypto like TRX etc.
I use it more often in my needs on the internet.
and the rest I hold and continue to add to what I hold and of course I hope to profit in the future.

and this is one of the reasons I am on this forum because I am interested in bitcoin and have felt the benefits. and I want to be part of the community of other bitcoin users.
bitcoins are just bitcoins. have advantages and disadvantages. And every thing in this world has advantages and disadvantages too. so I don't discriminate against one thing over another. maybe you have found a lot of flaws in bitcoin. but of course bitcoin also has its own advantages. so I'm neutral about this. about it. because everyone knows that every thing has its advantages and disadvantages.

And it seems you misunderstood me.
I also don't think I'll be rich with just bitcoins. because I use it to be put to good use in what I need.

I invest not even just bitcoin. bitcoin is just one of them. if it's about crypto projects of course I have also invested in other coins like buying ETH when it dropped to $950. and there are a total of 11 other coins which I also hold. and I keep increasing the number.

I do have a dream to be rich. but I didn't go through one path. I have taken many paths to achieve it. because I always have a backup plan behind other backup plans.

because now I always send money to relatives who are in the country of birth. and the money I sent there was used to continue buying land. and that's my dream is I want to have a lot of land in my hometown. it's my biggest investment in the physical world. and for the internet I choose bitcoin as one of my long term investments.
I also choose to use BTC in the delivery method because I don't dare to send money through banks. because there was an incident my money did not arrive. and I took care of the bank regarding the problem. and it takes time. and a few days later then I can get my money back.
so after that I chose to use BTC in cross-country remittances.

I will not reject any revolution. but a revolution can be carried out without having to overthrow one party.
please create evolution or revolution or population or reproduction or transmission or musicians or emission and or ammunition and other sides   but don't blame it on people who still hold the stuff you call undeveloped.

because one day old goods can turn into antiques. that collectors are looking for with high bids.

people who defend bitcoin doesn't mean they just hold bitcoin and are fanatics of it. sometimes they even create their own project which is expected to be something better than bitcoin. although I don't think there is anything that can replace bitcoin's position for now. but making something new doesn't mean having to let go and vilify the old.

Take it easy friend. Please go. and no need to ask permission. because I never lived with you. so no need to leave. because I only reply to you because I only have to fulfill my daily post count or quota

It's good to hear that you actually figured out Bitcoin mining's another purpose. But that won't really work to some countries with extremely heat weather.
Though regardless if it could heat your home or not, Bitcoin mining isn't a waste of energy because it has a value and people are slowly adopting into it. The more Bitcoin mined , the more Bitcoin can be distributed to everyone once it hits global adoption. So, I don't see any uselessness factor there.
Isn't it watching TV or listening to the radio a waste of energy as well? - when we can read the books and newspapers?
Isn't AC's are also a waste of energy when we can plant more tress around our house to shade us from directly sunlight and breath natural air?

Hold and use it.  

1. Do you buy food with it?
2. Do you buy gas with it?
3. Do you pay your house mortgage or rent with it?
Or
4. do you just hold it , waiting for it to increase verses your local fiat to sell it?

Why does entire populations have to suffer with rolling blackouts ,
because you think some backwoods inept crypto coin that wastes energy and refuses to evolve to something, anything better will make you rich.
I hate to break it to you, if you were not invested before 2015 , odds are it will never make you rich.

Go buy a lottery ticket at least then , large populations don't have to suffer for your dreams of getting rich.


My vacation is now over, so I shall leave you to spread your nonsense.
Good Luck in the Dark Winter, and the coming Hunger Games in 2023.

They say BTC is useless, because they don't hold it. They say bitcoin mining is not profitable because they don't mine it. but for me BTC is very useful. because I hold and use it.
The use of alternative energy has also been widely used in bitcoin mining.

but everyone has their own point of view. so please stick to what you believe.