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April 01, 2016, 04:17:49 PM |
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@Finksy In the test I did, the fluid temperature reached a maximum at 62 degree Celsius at a room temperature of 23 degree. So the miner can run at full power most of the time in cold places.
“Hotmine Smart Heater-Miner” is a similar concept yes, but I feel that it has a smaller market compared to a space heater.
@sidehack No, this is not a 1st. April's fools joke :-)
I think that these kind of ideas may bring the bitcoin mining to the masses, reducing the dominance of those huge mining farms placed where the electric power is cheap. So the everyday man will not be able to compete. These "free" electric power concept may level out the field and make the bitcoin ecosystem more decentralized.
It will not be easy to create new, step-change bitcoin mining chip after reaching 16nm. So the bitcoin chip development speed will slow down soon.
Proof of concept showed that this idea will work, at least technically. Economically is another beast. That is the reason for my questions above. Please comment if you have time.
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