According to ChainCatcher news and a report by CNBC, as winter approaches, some Americans are beginning to use the heat generated by crypto mining to warm their homes. Analysis by digital asset broker K33 shows that the Bitcoin mining industry produces about 100 TWh of heat annually, enough to meet the heating needs of the entire country of Finland, but most of the heat is wasted.
Devices priced at $900 have appeared on the market that can serve as space heaters and also perform Bitcoin mining. In Challis, Idaho, Softwarm is testing Bitcoin mining equipment to heat local shops.
However, Professor Derek Mohr from the University of Rochester expressed doubts about this, believing that the success rate of mining with home computers is extremely low and that this heating method is not very efficient. Supporters argue that with the proliferation of plug-and-play mining devices, this concept may become feasible in more areas.
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