Hey, all you blockchain skeptics, here’s what you are always asking about: a practical use for blockchain tech.
Hey, all you blockchain skeptics, here’s what you are always asking about: a practical use for blockchain tech.
The only thing I did find was that apparently Russians are taking the components from kitchen appliances to use for other things, which seems entirely unrelated.
Ultimately the heat output has nothing to do with how the tech is used (like bitcoin). If Bitcoin (or other cryptocurrencies) stopped holding value people wouldn't heat their homes like this because it would cost more than traditional heating methods (as someone pointed out above about heat pumps.)
I recently replaced the 3 ton hvac unit on my small 1500 sq ft single family home with a heat pump and all the bids were in that range.
Also if you want to control every single room including bathrooms and walk in closets it gets tricky.
Having equipment sitting around unused is way more expensive than most people care to think about.
A heating coil might not be terribly valuable in July, but come November it will have roughly the same value it had the previous February. Bitcoin mining hardware that's switched off for five months is losing value at an alarming rate, and very quickly won't be a net reduction in costs.
Very quickly a heat pump becomes cheaper to operate, and cheaper to purchase. And if you amortize the cost over the life expectancy, that threshold is very, very low. People who have recent memory of living paycheck to paycheck are constantly screwed by the latter, and that Venn diagram overlaps heavily with several other circles that make crypto super attractive to some people and super ridiculous to others.
I went down this avenue of compute as radiator long ago, and I could never get the math to work, unless I moved somewhere that was cold most of the year, and that sure as fuck is not going to happen.
Commercial solutions have been in development for a few years. Here’s one example: https://www.wisemining.io/
Edit: after re-reading your comment I realize you also aren’t aware that miners can be throttled. Powering it down is not the only alternative to consuming 3kW.
No you don't, when permafrost melts it causes ground to move. It is really bad for everything build on or in it. Something like houses sinking and falling apart. In some cases it cause big holes in the ground and they got even bigger over time.
Unfortunately they care. For now only poor face real consequences of climate change. They are to poor to mitigate its effects.
If they were going to heat using an electric space heater, it's a wash.
If they were going to heat using natural gas, but the electricity comes from nuclear, it's lower carbon.
If they were going to heat using natural gas, and the emissions are higher. BUT, if they were going to run the mining rig anyway, and they've merely turned off the gas heat, the emissions are overall lower.
Heat pumps work by moving heat, they usually move more heat than input energy.
Basically, a refrigerator is a heat pump. The input energy runs the heat pump, which it uses to move heat out of the refrigerator. Typically, for every watt of electricity, more than a watt of electricity is moved out of the refrigerator.
They work by compressing gasses into fluids, and then letting the fluid expand back into a gas. Basically, when a fluid evaporates, it absorbs heat as potential energy. The energy can be harvested by compressing the gas at a high enough pressure that it condenses into a fluid. Do this in a loop, and you can move heat.
No laws of physics violated!
Suppose you built a shed around the outdoor unit of a central air conditioning system and let it come up to max ambient temperature. Then right next to it you built a shed with a resistive heater which consumes the exact same wattage as the air conditioner. The first shed will be much warmer because you're not creating heat so much as you're moving heat. If you increase the resistive heater's wattage by about 2.5x then the sheds will be about the same temperature.
* Don't actually do this and expect the system to survive.
I usually use GPUs for heating during winter as the power has to be used anyway, so why not get ethereum for it.
Unless I'm misunderstanding part of this proposed setup, I'm pretty sure this doesn't work. The higher efficiency of heat pumps comes from the fact that the outdoors is an effectively infinite (for the purposes of a house) source of temperature differential. You can only move as much heat as exists, so you can't use a heat pump to multiply a finite heat source.
Check out e.g. Nibe F750 with SAM40.
I'm using the heat pump to heat water using the extracted air. That water is then used for floor heating, ventilation air heating and ofc. hot water.
A pro with that solution is that the extracted air has a high temperature all year, making it more efficient that using a heat pump to extract heat from outside that might be -30 celcius. A downside is that the amount of air is limited, so if you need more heat then you have to supplement it with something else.
You get it, but it seems there are a few others that don't realize that a heat pump can also be used to increase efficiency by reducing the heat lost. While I do get that it's unknown to most people, some people here perfectly illustrates the Dunning-Kruger effect...
I don't think you understand how heat pumps work. Heat pumps have significantly greater than 100% "efficiency". They don't turn electricity into heat. They use electricity to move preexisting heat, and it turns out that's far more efficient in terms of Joules of heat delivered to your home per Joule of energy spent. In fact, for any given Joule of energy spent, you can generally move two to three Joules from outside your home to inside of your home.
If the source of heat you're pumping is coming from resistive heating you're using electricity for, you're only getting 1 Joule of heat for every Joule of electricity. Adding heat pumps to this system doesn't help you.
> I usually use GPUs for heating during winter as the power has to be used anyway, so why not get ethereum for it.
Because owning and operating a heat pump is almost certainly cheaper than the costs of owning and operating a mining rig, even offset by the value of the cryptocurrency you generate. You'd almost certainly be better off by heating your home with a heat pump and using the energy savings to buy that same cryptocurrency.
The exceptions to this are if you are in a location where energy is extremely cheap, or perhaps if you generate more than your household usage of electricity (including resistive heating) through solar or wind but aren't able to sell that electricity back to the grid.
A heat pump doesn't have to take heat from the outside. By using heat from the extracted air, you can use whatever you want to generate heat inside and get multiple times the effective heating as it's reused. Use wood, electrical floor heating or GPUs. It doesn't matter. The energy from the extracted air is transferred to the fresh supply air. The exhaust air will be freezing.
Also, electricity has been expensive the last two years, but mining has still been profitable, considering I already have some GPUs in my workstation and home server.
You don't earn money by using a heat pump, you do(or at least did) by mining. By mining and using a heat pump on that energy I increase the usage of that energy. Win win win.
If you're already spending 1J of energy to get 1J of heat, a heat pump is not going to turn that 1J of heat into 2-3J of heat, nor is it going to recover any of the Joules you've spent to generate that heat. So sure, you can use a heat pump to move that heat around a space. But doing so just spends more energy and decreases the overall efficiency of the system.
The principle of a heat pump getting such efficiency numbers is entirely predicated upon the notion that you're able to move that heat from somewhere it already exists "for free" in sufficient bulk.
> You don't earn money by using a heat pump, you do(or at least did) by mining. By mining and using a heat pump on that energy I increase the usage of that energy. Win win win.
You fundamentally misunderstand the economics of this situation. Mining costs money in the form of hardware and electricity. In exchange you can potentially extract some amount of revenue. If your alternative was to use that energy to generate one Joule of heat for every Joule of energy spent, you might as well mine to get a rebate.
But the sum of mining revenue minus mining costs are almost certainly less than the costs of simply operating a heat pump instead. Again, you'd be better off using a heat pump to heat your home and using the money saved on energy to simply buy $CRYPTO at market prices.
> If you're already spending 1J of energy to get 1J of heat, a heat pump is not going to turn that 1J of heat into 2-3J of heat, nor is it going to recover any of the Joules you've spent to generate that heat.
It's not magic, or complicated. The energy spent is used multiple times, as I said. You can save energy using a heat pump both by using it for initial heating, or transferring existing heat that would otherwise be thrown away.
So no, I'm not misunderstanding anything. If you think it's not possible then you too can get this "magic" using e.g. Nibe F750 + SAM40. Check their documentation, it even has charts for everything!
You insist you know about heat pumps, but your comments indicate you don't understand the fundamental principles.
It's an interesting topic, if you find the time.
When temperatures drop below zero degrees, ice will build up on the outdoor unit of any heat pump. How the heat pump reacts to this determines how effective it will be in providing heat to your home. To remove the ice build-up the heat pump will need to go into Defrost Mode. During this time the heat pump will not be delivering heat into your home. HyperCore’s Defrost Logic has been fine-tuned to extend the period in-between defrost periods and optimise its heating performance.
Mitsubishi Electric offers heat pump systems with Hyper-Heating INVERTER® (H2i®) technology which can provide up to 100 percent of heating capacity at 5° F and continue operation down to -13° F even wiThe Mitsubishi Mr Slim heat pumps that we install are able to warm your home in temperatures as low as -15°C and -25°C thout auxiliary heat.
https://www.mitsubishicomfort.com/articles/what-is-a-heat-pu...
https://www.mitsubishi-electric.co.nz/materials/aircon/broch...
One day we may heat our homes with distributed computing like BOINC.
Consider the house that marginally has electrical resistive wall heaters (Like the bay area) and an excess of spare computers sitting around (also like the bay area) ... It's marginally better for the house nerd to leave their PCs on using BOINC than run the wall heater.
You forget exactly how efficient a coal-fired powerplant actually is. Love or hate them, they have 100+ years of technological innovation to squeeze every watt out of coal. Your fireplace at home is not nearly as efficient. So an electric heater powered by the grid is almost certainly more efficient than burning your own coal at home in an inefficient stove.
Efficiency wise, the comparison between a heat pump and a furnace depends on the outside temperature. Heat pumps lose their efficiency for high ∆T, so for winter in a Russia, a furnace is likely the better option
https://blog.haschek.at/2021/how-i-heat-my-home-by-mining.ht...
"Energy Matters" says that EU energy production was 26% nuclear in 2015, but only 12% for consumption[1], so I'm not sure how to look at that comparison. Either way, that's probably mostly France (~80%[2]). US around 8-9%[1].
TL;DR: Yes, most western countries probably have less nuclear, but it's a low bar.
[0] https://en.wikipedia.org/wiki/Electricity_sector_in_Russia#M...
[1] http://euanmearns.com/primary-energy-in-the-european-union-a...
[2] https://en.wikipedia.org/wiki/Electricity_sector_in_France#M...
https://data.worldbank.org/indicator/EN.ATM.CO2E.PC?end=2018...
Surveillance is an issue, but for the most part, it's not warrantless in our current system. Cryptocurrencies, excluding things like Monero and Zcash actually make it considerably easier to do warrantless surveillance.
If I'm forced to choose between some instances of illegal warrantless surveillance, and the complete inability to trace financial crimes, I'll take the instances of illegal surveillance, with the hope we'll try to fix those issues.