5 ms·
Its not cold in the summer, and it probably too cold in winter to not have any interior climate control. With much lower cost of living and cheap electricity, C
by guiomie 9y ago
Its not cold in the summer, and it probably too cold in winter to not have any interior climate control. With much lower cost of living and cheap electricity, China seems like a much better option, the majority of mining is actually done there.
- flashdance 9y ago> it's probably too cold in winter to not have any interior climate control Trust me, these miners put off enough heat that it's not an issue.
- gwbas1c 9y agoMais, in the winter, the waste heat is free heat. Basically, if you deduct the money that you would have spent on heat, the electricity is very cheap. Another way to think of it: The heat from a bitcoin rig is the same that you would get if you used an electric space heater or an electric baseboard heater. These cost about 2-3x as much to run as a gas or oil furnace. So, if you're able to turn off your heat and just heat with a bitcoin rig, your "cost" is less because you're not spending money on something else.
- gwbas1c 9y agoMais, in the winter, the waste heat is free heat. Basically, if you deduct the money that you would have spent on heat, the electricity is very cheap. Another way to think of it: The heat from a bitcoin rig is the same that you would get if you used an electric space heater or an electric baseboard heater. These cost about 2-3x as much to run as a gas or oil furnace. So, if you're able to turn off your heat and just heat with a bitcoin rig, your "cost" is less because you're not spending money on something else.