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The obvious solution here is to use resulting heat for heating. Humans live in a lot of places where you need heating to survive anyway. Currently we use 'dumb'
by Andrew_nenakhov 6y ago
The obvious solution here is to use resulting heat for heating. Humans live in a lot of places where you need heating to survive anyway. Currently we use 'dumb' heating, where heat is generated without any useful computation. This can be painlessly replaced with 'smart' heating, when heat is a result of mining. Any home appliance like iron or heater can do some useful work (and even earn some spare change while at it).
- The_Colonel 6y agoHeating with electricity is pretty expensive / inefficient. This is going after symptoms instead of trying to tackle the real issue - we should find / use a better solution than PoW (such as PoS) for decentralized currencies.
- Andrew_nenakhov 6y agoIf you are worried about global warming, you don't really have alternatives to heating with electricity. Or you suggest burning some gas, releasing all that CO2 into the atmosphere?
- The_Colonel 6y agoThe alternative is e.g. heat pump - you still use electricity, but get much better efficiency than just simple electric resistance heating.
- eeZah7Ux 6y agoNo. If a millions of electric heaters had a bitcoin miner in them that runs "for free" the difficulty of mining would would skyroket accordingly. The "value" of the mining is based on the sacrifice of something else, in this case energy, unfortunately.