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Bitcoin / Hardware / Re: Miner for heating water
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on: September 03, 2023, 02:32:42 PM
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It is also a good point though that of course it won't be worth it if it just generates $10 a year or whatever. So that is indeed something to consider, especially as difficulty goes up and rewards are halved. I will have to carefully look at the hardware suggested here (S9 and S19 with some boards disabled) to see what makes sense for me.
It's also worth mentioning that the continuous OFFs and ONs are pretty bad and shorten the miner's lifespan considerably if done too often, miners LOVE to run at a steady state, so it's good if you want to give it a 1-day rest -- it probably won't mind that, but turning it off and on a dozen times a day is bad, to somehow mitigate this issue you would either buy a dirt cheap old gear like S9 or Avalon 7-8 series, so that replacing it won't break the bank, or, you get a very, very efficient gear which you can run on grid for cheap while making good enough income. Yes indeed. That's why the plan is (if I'm going through with this project) to use low power like 500W, so that I would be able to basically run the miner throughout the day pretty much always, as there will be enough unused power to run it while it is daylight, more or less. And not to just turn it on for half an hour and then off again while the sun is shining maximally onto the panels. Some people (including "experts") I talked to suggested not getting a thermal solar installation anymore, but just PV and simply doing that instead for hot water. PV is more versatile that's for sure, it's also space efficient, but speaking of efficiency in heating water, thermal solar is at least 50% more efficient, it doesn't require a lot of knowledge to figure out the loss of sun > heat is a lot less than Sun > AC > DC > heat, unless they have a different reason which I am not aware of. Yes definitely. Although with a heat pump that can apparently around 4x the energy input, the difference might disappear in a sense. And if I run a miner, it would be extra utility ("free" bitcoins) as well.
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Bitcoin / Hardware / Re: Miner for heating water
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on: September 03, 2023, 06:54:56 AM
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These are very good points of course. I did my own maths, based on about 500W for 6 hours a day, which is power I should have pretty much "always", even in winter. That would be enough to heat all the water we need. But yes, of course, it would mean that the miners do not run all the time, which is of course a thing to factor in. That's why I was also thinking about running especially cheap, less efficient old miners - because in essence it would still be better and more fun than just burning the electricity anyways to heat water. Some people (including "experts") I talked to suggested not getting a thermal solar installation anymore, but just PV and simply doing that instead for hot water.
It is also a good point though that of course it won't be worth it if it just generates $10 a year or whatever. So that is indeed something to consider, especially as difficulty goes up and rewards are halved. I will have to carefully look at the hardware suggested here (S9 and S19 with some boards disabled) to see what makes sense for me.
The alternatives would probably be getting a heat pump to more efficiently use the electricity (but then, the heat pump itself is a lot more expensive than a S19 with watercooling setup), or just keep using the oven (burning wooden pellets in my case) and selling the electricity back to the grid.
The discussion is quite interesting though, and I think it shows that the individual details matter very much - and that might be why miners for heating have not yet been a thing used more widely.
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3
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Bitcoin / Hardware / Re: Miner for heating water
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on: August 28, 2023, 05:27:59 PM
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I wanted to do a YouTube series about miners that also act as heaters and I found very, very little info around it. A few startups, kickstarters and AliBaba solutions, but in general nothing too serious.
The only way to do this would be to go custom, and if you have DIY skills and spare money, it should work.
Yes definitely. It is a cool idea (that has been floating around since the first ASICs were created), but it never really went anywhere for some reason. Maybe it is not practical on a larger scale and without DIY aspects (as every requirement is different). In my case, I'm fine doing a bit of DIY, such as building the control parts with a Pi or other small computer and modbus to the various other components (power meter, temperature sensors and so on), getting the watercooler to exchange heat with my boiler and stuff like that, but I'm not an expert at all about mining hardware, that's why I created this topic.
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Bitcoin / Hardware / Re: Miner for heating water
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on: August 28, 2023, 05:20:52 PM
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I've seen that there are watercooling solutions for S19's, but they draw a bit more power than I want to give it based on my estimates.
The problem here would be your power range, so you will need to disable 2 boards and keep only one, with those S19s removing two hashboards leave you at slightly below 900w, with whatsminers set on low you can get a single board down to 800w range. Of course this makes the cost per th a lot higher, and on average you are going to get 30-35th out of those new gen miners, so anywhere between 1.7$ to 2$ a day. You can check my miners sale topic for price refferences to see if the project is worth it, also water blocks cost between 100-200$ for the new gen miners like M30s and S19s. The downside of your project is the limit of power, if you could do up to 2000w it would make a lot more sense. Yes, I'm aware of that. The S19's are just the first "somewhat suitable" devices I found, but as you say, they are above the power range I think would be reasonable. I can run the numbers again and maybe I could go with 2000W (or disable some boards as you say), but I was wondering if there are perhaps other devices that are lower-powered out of the box. However, as stated in the OP, the first priority is using available electricity to produce heat (not the mining itself), so in any case, I would only run the miners intermittently. And if I run them with 2000W, it means that the water I need heated is done sooner, so it would run for shorter periods of time. The total energy usage and thus the total hash produced over some time frame would be fixed anyway; so it might not be worth it anyway. I will need to look closely at the costs of course. But disabling some of the boards sounds like at least one first potential option to consider, thanks!
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5
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Bitcoin / Hardware / Miner for heating water
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on: August 28, 2023, 07:53:49 AM
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I'm toying with the idea of using a Bitcoin miner to heat water (for domestic use) with excess electricity from a PV installation. The goal is definitely to just use it when heat is needed and spare electricity is available, and not to run it always. I'm not trying to maximise mining profit, but just do a fun project that has some useful purpose, too, but obviously I don't want to just burn a lot of money.
I can take care of all the control aspects easily, but I'm trying to determine whether or not there is suitable mining hardware available at all. Basically I would need a miner with these properties: - low power, 500-1000W intake - can be watercooled easily (I'm not too much of a hardware tinkerer, so fitting some pre-made watercooler onto the board is the most I can do) - cost in the $500-$2000 max range - does not need to be the most efficient available, but obviously if it only makes $10 a year, there's no point
Does anything like this exist? I've seen that there are watercooling solutions for S19's, but they draw a bit more power than I want to give it based on my estimates.
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6
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HUC] Huntercoin - Worlds First Decentralized Game/World on the Blockchain
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on: April 23, 2023, 01:31:47 PM
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Names in Huntercoin don't expire similar to Namecoin, but they are tied to survival of the associated "character" in the game. All characters are wiped periodically in what is called a "disaster", after which any names can be re-registered by anyone. So there is no way to guarantee that you remain owner of a given name, even if you actively try to do so (unlike Namecoin where you have to renew in time but can do that to remain owner for as long as you wish).
But yes, apart from that, I think Huntercoin has a lot of historical significance - it is just not collectible (apart from owning the coins).
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7
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HUC] Huntercoin - Worlds First Decentralized Game/World on the Blockchain
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on: April 23, 2023, 11:47:01 AM
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The chain may still be running, but honestly I have not checked in quite some time. However, the screenshot you linked is slightly incorrect - Huntercoin does not use Namecoin names directly. It uses the Namecoin codebase but on its own blockchain with modifications, like how Litecoin is based on Bitcoin but not "using Bitcoin assets".
I've seen interest from the historical NFT community in Huntercoin from time to time. Unfortunately (from that point of view at least), Huntercoin does not have any collectible assets; account names are not durable, but get destroyed from time to time based on game events. There is also the crown of fortune, but it is also something that gets transferred inside the game due to game play, so it cannot be "just owned" by a collector.
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8
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XAYA 🌟True Blockchain Gaming 🌟 Fully Decentralized Games
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on: February 19, 2023, 05:36:47 PM
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So how hard would it be to design for example, a game where the general space contained 'prime numbers' for example, and that space was populated with primes to some extent, any that are already known, but the person could use whatever abilities they have, including creating bots, to find new primes and win prizes. https://www.youtube.com/watch?v=EK32jo7i5LQWould that be a 'simple' Xaya project or would it need a lot of paid developers? That's an interesting suggestion. I think the main difficulty would be to come up with the right sort of tasks, i.e. such that the task is hard but easy to verify. I'm no expert in number theory, so I don't know if there are efficient proofs for a number being prime (more efficient than finding one). I assume you don't want to go with one of the algorithms that just prove a number is prime "with high probability". The next difficulty probably would be coming up with a good economic model for the game, so it doesn't follow the typical hype-and-crash of play-to-earn games. But all in all, if you can solve the design issues, it is probably not too hard to implement in Xaya.
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9
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [announce] Namecoin - a distributed naming system based on Bitcoin
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on: February 10, 2023, 11:54:41 AM
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A question: Was Taproot activated in Namecoin? The reason I ask is because in theory Namecoin would be the ideal place for the Ordinals project and above all their Inscription feature ("save art on the blockchain"). It's a chain which always was linked to unique things (names, identities, domains ...) and thus the NFT concept would be a good fit, or not? Ordinals would need Taproot to work, although a similar feature could perhaps be built with OP_RETURN if the limit isn't too low on NMC. It is not, but I think there are no important objections. It just needs to be scheduled and coordinated with miners. (And due to a conflict with merge mining, versionbits is not working on Namecoin (yet), so the activation code itself would have to be modified to be based on a block height or timestamp, but that is of course not a big issue.) I expect that it will be activated sooner or later, just like Segwit was. Your point about ordinals is a very interesting one.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [announce] Namecoin - a distributed naming system based on Bitcoin
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on: December 07, 2022, 06:44:18 AM
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As far as I know, the offer for d/bitcoin was 250 ETH, and it was declined. Do you have any proofs for your claims to the contrary? If not, then those should be discarded as purely FUD.
Regarding the Handshake money: It was claimed for the Namecoin team (and I believe the Handshake guys actually meant it to be distributed to past contributors, not to the project for the future). I personally declined to receive any of that money. Namecoin got also some reserved names on Handshake (bit for sure, and perhaps namecoin as well, I don't remember the details), which I claimed using namecoin.org DNS.
As TradeRunner already stated, I see myself mostly as code maintainer for Namecoin (and also that at the moment mainly because Namecoin is the codebase on which the Xaya project is based). I do not want to get involved in politics, and also do not want to voice or support any strong opinion about any non-technical issue.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [announce] Namecoin - a distributed naming system based on Bitcoin
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on: December 25, 2020, 06:59:37 AM
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 namecoin and the word investment should never be used in the same sentence unless the word "worst ever" is before investment because it has done nothing since its inception apart from lose value to bitcoin.It truly is the worst "investment" ever.The coins price and the liquidity for the namecoin market is a complete joke. I guess you are just trolling. But just in case this isn't clear, Namecoin's main purpose is (unlike most other altcoins/tokens) not to be an investment, but to be actually useful as decentralised domain name and general naming system.
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16
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning
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on: October 07, 2020, 07:09:15 AM
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Competition already started getting part of the ethereum community. Just a couple of weeks back, I saw crypto kitties developer created a new game called NBA topshot but this time, they didn't use ethereum they used some other blockchain.
In this particular case, though, they are building it on Flow, which is their own blockchain. So it is not really a sign of "independent" developers switching to a competing system.
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Bitcoin / Development & Technical Discussion / Re: can we use Bitcoin Core to develop a new gaming platform like Xaya or Enjin?
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on: June 04, 2020, 03:12:06 PM
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Since you mentioned Xaya, note that it is actually based (code-wise) on Namecoin, which itself is based on Bitcoin Core. So the core blockchain of Xaya is very similar to Bitcoin Core (but the "gaming magic" happens on a layer above that). In that sense, you could just as well base all the higher-level gaming logic of Xaya on Bitcoin Core itself. That would likely just make moves more expensive and slower, though, so in that sense it certainly would not "outperform" Xaya itself. (But it would open up more network effects by using bitcoins on the platform.)
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [announce] Namecoin - a distributed naming system based on Bitcoin
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on: May 25, 2020, 05:02:52 AM
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Since 2015 there is a fork of Namecoin because the .bit TLD was never established: SixElevenCoinSince that date, blockchain registered domain name objects of 611coin are published using the anonymous SLD .611.to. 611coin is an accepted #cryptocurrency #blockchain domain namespace. The SLD .611.to is listed in the Public Suffix List which is used by major Browser and SSL authorities. And like Namecoin, 611coin is an Open Source project: GitHub 611projectInteresting. Aside from publishing names through a (centralised) server on 611.to, is there any other features that 611 has over Namecoin? Because if that is all, then honestly it sounds like a cash grab to me - in Namecoin itself, everyone is free to just run something like 611.to on their own server if they want. No fork or permission required to do so. If you want a centralised server to resolve .bit, just go ahead and set one up.
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