Canadian city to use heat from Bitcoin mining for commerical properties.
This is interesting.
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Canadian city to use heat from Bitcoin mining for commerical properties.
This is interesting.
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That's an interesting use case. How much heat would disappear from transferring it around? I still think it would prevent use from using gas/coal for heat.
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That extra heat has to go somewhere, and the miners had already paid for it. This could work for everyone.
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Interesting development, there appears there is nothing Bitcoin can't do these days. Soon people will be eating it.......
Crypto can help you lose weight!
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Well now, spending all your cash on Crypto would definitely send you down a spiral of weightloss lol
You wouldn't even need to do that! Just divert money each day which would have gone to 1 overpriced coffee or 1 value meal. Do that each day, let DCA do its work, then watch your crypto stack grow.
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Lol. I quite agree with you on this. Cryptocurrency has offered users the opportunity to only invest their money in the right thing.
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That's interesting
The other day I got a Brave ad about a heater that earns you crypto. When I looked into it I realized it was actually a mining rig with a fan to repurpose the heat generated.
Quite clever even though they did get a lot of backslash for the way they advertise it lol
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Haha! Milk as much as we can. Making mining on the mountains and the colder regions much cooler. 😋
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Seems like a pretty good use-case to me...
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Well for the present cold season, it is good development I hope they also have a solution for the waste heat when the other seasons comes. Also there energy should better be green
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This is a very interesting project, because during the winter the heat generation can be used for many things.
As they do in France.
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Like the science says, energy can not be created nor destroy but can be transfer into another form of energy, great to see what Canadian plans are on heat from Bitcoin mining machine.. the question is, who get paid? The miner that release the heat to the environment, those that convert the heat for use or the government since the bill of generating that heat had been paid for?
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The answer lies on whether the miners are initially making use of the heat before now. Secondly since the government have plans for the heat, they can come to an agreement with the miners on possibly discount on taxation just to use their waste heat. The government will be the ones to pay for the heat transfer. The law of thermodynamics will be applied just as you said to ensure that energy won't be lost but changed to a firm conducive for the environment.
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