Bitcoin wastes electricity? - No - Heat your home with mining

[stompix]

"energy rating" appliances are not based on efficiency of thermo dynamics efficiency limits.. .. its based on a arbitrary amount lower then that..  deemed acceptable to regulators as "efficient" in regards to known materials manufacturers deem cheap/safe to be plausible to use for consumer goods, by which making those products wont risk a companies liability or risk

So you're telling me running a 2kw appliance for one hour will burn 1kwh of electricity and turn it into heat and 1 kwh will just be .. transferred where? Do you actually understand the law of thermodynamics?
Energy can only be transformed in a system, it can't be destroyed, I suggest you write down an essay and send it to those idiots at universities telling them how you found a way to destroy energy and not create any other form.

scared to try? well lets move on to the other thing you are not sure of

It's far better if you try something else.
Buy a heater since you obviously never owned one, buy the cheapest smart socket on the market that has power readings and you're going to be in a for a surprise to what happens to that electric heater when it hits the built-in limits, magically the power consumption will drop to zero.
Because there is no way in this universe to run electricity through something without generating heat, again laws of physics, 6th grade.

you want to imply they must all be following some max efficiency of some natural law of all converting 2kw into Xmj of heat.. that no other product can surpass... you will prove yourself wrong instantly by test driving heaters..

Exactly!
There is a law, you earn it in the sixth grade, and energy can't be created or destroyed in a closed system.
Since the heater is not giving the energy in its pure form away, it only transforms it, there is no way (again laws of physics) for 1 kw to equal once 0.8 joules and once 78 joules, again, it's the law of physics.

[Fundamentals Of]

Please don't compare algorand with Bitcoin. Know your place and compete with a fellow shitcoin.

Mining pools don't own and control their hashrate. Anything suspicious and these contributors could immediately leave and join another pool.

As far as knowing my place, well FUCK YOU and your PoW Bitshitcoin .
Every and I mean every altcoin, outperforms your PoW Bitshitcoin , it is really sad your cult is so pathetic.

Mining pools operators do control the hashrate , that the dumb ass miners give them when joining their pool.
The operators determine if the block is released and what transactions are in the block if any.
Your btc developer are too lame , to even code in a limiter of % on the pools to keep security collusion attack potential low.
Just 3 colluding pool operators could 51% attack btc and your miners would be far too slow to switch to stop them.

It is sad , so many bitshitcoin PoW supporters are just complete and utter dumb-asses.
No worries, after this winter, the only thing I will have to hear from your cult ,
is oh how oh how did they ban bitshitcoin for wasting the world's energy.

Lol. Your shitcoin wouldn't have even a single supporter had Bitcoin not earned the success it deserved. Its price would rise when Bitcoin's price rises. Its price would fall when Bitcoin's price falls. That's the life of these parasitic shitcoins. So don't pray that Bitcoin would fall because that would also mean your shitcoin would also become trash.

It's just so sad that you have to promote your shitcoin by recycling FUD against the very coin that made your shitcoin possible. If I were you, I'd enjoy this winter by selling all your shitcoin for Bitcoin.

[xzy887]

Bitcoin never wastes electricity. I don't know if Bitcoin can heat the house or not. But Bitcoin is a trusted currency. We may need to transact in this currency in the future. Because very soon Bitcoin will be legal in all countries and all transactions will be done with this Bitcoin then there will be no third party hands. And this Bitcoin never wastes our electricity but otherwise I would say running fans and televisions in winter days wastes electricity.

[Leviathan.007]

Recently we hear much news and seen many articles about bitcoin and power consumption while mining bitcoin, that's mostly because of summer and during this time since the power consumption increases all over the world the governments and organizations will try to say the power consumption is because of bitcoin while the power consumption of pricing money and managing the traditional bank systems in much higher than this. Even if we consider the consumption is high still we can use the heat generated by bitcoin miners for your house as the op mentioned. So we cannot call that waste of energy.

[Daltonik]

Bitcoiners always flabbergast me. I really never thought someone can use Bitcoin as source of energy. I don't know how much of this is possible, but yeas its good concept earn while you heat up without burn..

For example, here is a photo of the implemented immersion cooling model for heat recovery for heating your home, in my opinion, it is done well and with benefits for both the family and the network, besides, if you already have Asic's, then why not just use them instead of heating elements or gas. https://bitcointalk.org/index.php?topic=5409655.msg60833198#msg60833198

Actually here is his photo:

[OgNasty]

I can honestly say that since discovering Bitcoin in 2011, I have probably used my home's heater maybe twice.  I would rather get a blanket and setup another GPU than produce heat just to produce heat.  It's been an interesting ride, I know that much.  Granted, I'm in the desert so I don't have a need for heat more than maybe 4 months out of the year at most, but those few months when I need the heat, my house is nice and toasty.  Just close the exhaust valve I installed to get rid of heat and enjoy the warmth. 

[Daltonik]

I can honestly say that since discovering Bitcoin in 2011, I have probably used my home's heater maybe twice.  I would rather get a blanket and setup another GPU than produce heat just to produce heat.  It's been an interesting ride, I know that much.  Granted, I'm in the desert so I don't have a need for heat more than maybe 4 months out of the year at most, but those few months when I need the heat, my house is nice and toasty.  Just close the exhaust valve I installed to get rid of heat and enjoy the warmth. 

Of course you are right, of course it is not suitable for a warm climate, but why not use your old Asics in immersion systems for heating needs if you live in a region where it is cold for 9 months, in combination with a heat pump and an air heater to relieve heat in summer it can work.

[swogerino]

I am using it,my old GPU rig with 6 x Rx 570 cards I turned it on in the 30 September date because the government threaten us to increase the energy power by 5x and if I turn on my A/C it uses like 3.1 Kw an hour while if I am using the rig to generate heat it does two things,it mines at a loss right now but beside that it generates relatively good heat for my living room which is not that big and I am happily doing it,this way I am also saving energy as this consumes 900 watt compared to 3100 the air condition does.

Europe should do this too especially now that the energy prices have skyrocketed there.

[Lorence.xD]

Bitcoiners always flabbergast me. I really never thought someone can use Bitcoin as source of energy. I don't know how much of this is possible, but yeas its good concept earn while you heat up without burn..

Try doing this in a tropical country like mine, pretty sure that you won't be using it that much because most of the time, it's hot in here and even if it's rainy season, the temperature is just right and a blanket and hot coffee would be enough to stave off the cold. Maybe in countries that experience winter it might see a lot of usage.