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Author Topic: Have you seen this new HOTMINE Bitcoin miner-DHW heater?  (Read 1862 times)
depthsofsun
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March 18, 2016, 06:57:15 PM
 #1

Ukraine Startup Hotmine Builds Smart Bitcoin Miner

https://news.bitcoin.com/ukraine-hotmine-smart-bitcoin-miner/

Ukrainian Bitcoin businessmen are creating a powerful DHW Smart Miner-Heater. Why is it so smart? Because, as said in the article above, it can mine Bitcoins with BitFury chips while heating your apartment. Currently the team behind this miner is gathering preorders and, maybe, investors.

So if anyone is interested in buying or investing, please share your thoughts in this thread or PM me (also use the form on the site).

I will also be posting such a thread in

forum.bitcoin.com
forum.bits.media (somebody already posted)
www.latimes.com (lol no)

PS. See video on the site.

``Let the Gods give you lots of gold and bitcoins.``
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March 18, 2016, 08:34:03 PM
 #2

So this is supposed to be using the new bitfury chips?  Wouldn't that make this the first publicly available miner that does so?

EDIT:  Oh I see on the website they are only claiming the high-end one uses the new chips.  So they all have the same electricity usage but hashrate varies by chip used.
http://en.hotmine.io/#pricing

That hashrate to kilowatt ratio is in the range of what bitfury claims for the new chip according to my back of the napkin calculations but according to bitfury claims on efficiency that would put it at the very bottom end of that range (or maybe slightly under it actually).

EDIT AGAIN:  Oh now I notice where it is a pre-order. They all are, but the 16nm one has the furthest out date with Sept of 2016.  So maybe or maybe not the first publicly available device with the new bitfury chips.
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March 18, 2016, 09:22:49 PM
 #3

So this is supposed to be using the new bitfury chips?  Wouldn't that make this the first publicly available miner that does so?

EDIT:  Oh I see on the website they are only claiming the high-end one uses the new chips.  So they all have the same electricity usage but hashrate varies by chip used.
http://en.hotmine.io/#pricing

That hashrate to kilowatt ratio is in the range of what bitfury claims for the new chip according to my back of the napkin calculations but according to bitfury claims on efficiency that would put it at the very bottom end of that range (or maybe slightly under it actually).

EDIT AGAIN:  Oh now I notice where it is a pre-order. They all are, but the 16nm one has the furthest out date with Sept of 2016.  So maybe or maybe not the first publicly available device with the new bitfury chips.

The last time I made a comment on this boiler for home heating I was told to STFU.

So I will not say anything other then that.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 19, 2016, 06:52:12 AM
 #4

It's already been mentioned in at least 2 other threads in these forums.

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depthsofsun
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March 19, 2016, 08:27:26 AM
 #5

So this is supposed to be using the new bitfury chips?  Wouldn't that make this the first publicly available miner that does so?

EDIT:  Oh I see on the website they are only claiming the high-end one uses the new chips.  So they all have the same electricity usage but hashrate varies by chip used.
http://en.hotmine.io/#pricing

That hashrate to kilowatt ratio is in the range of what bitfury claims for the new chip according to my back of the napkin calculations but according to bitfury claims on efficiency that would put it at the very bottom end of that range (or maybe slightly under it actually).

EDIT AGAIN:  Oh now I notice where it is a pre-order. They all are, but the 16nm one has the furthest out date with Sept of 2016.  So maybe or maybe not the first publicly available device with the new bitfury chips.

The last time I made a comment on this boiler for home heating I was told to STFU.

So I will not say anything other then that.

WHO TOLD YOU to STFU regarding this boiler? I need to have a talk with this person.

It's already been mentioned in at least 2 other threads in these forums.

Can you please provide links if possible? Thanks so much.
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March 19, 2016, 01:03:47 PM
 #6

So this is supposed to be using the new bitfury chips?  Wouldn't that make this the first publicly available miner that does so?

EDIT:  Oh I see on the website they are only claiming the high-end one uses the new chips.  So they all have the same electricity usage but hashrate varies by chip used.
http://en.hotmine.io/#pricing

That hashrate to kilowatt ratio is in the range of what bitfury claims for the new chip according to my back of the napkin calculations but according to bitfury claims on efficiency that would put it at the very bottom end of that range (or maybe slightly under it actually).

EDIT AGAIN:  Oh now I notice where it is a pre-order. They all are, but the 16nm one has the furthest out date with Sept of 2016.  So maybe or maybe not the first publicly available device with the new bitfury chips.

The last time I made a comment on this boiler for home heating I was told to STFU.

So I will not say anything other then that.

WHO TOLD YOU to STFU regarding this boiler? I need to have a talk with this person.

It's already been mentioned in at least 2 other threads in these forums.

Can you please provide links if possible? Thanks so much.

Its hard to reference, i've also seen it mentioned several time. Its not a new concept either, to say the least, but a plug and play heating solution could be nice. Its basically a water cooled miner however, it already exist.

I'm guessing it would need to have an integrated shunt on a thermostat built in to dump the heat outside to actually be a home cooling option. From looking at the designs it doesn't look like there is one, in which case it would be nothing new.

The heat seem to be sent directly to a main Radiator which use ambiant air to cool itself, which mean you would not have a way to direct the heat where/when you need it.

We are the Mineority @ https://mineority.io
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March 19, 2016, 01:46:52 PM
 #7

So this is supposed to be using the new bitfury chips?  Wouldn't that make this the first publicly available miner that does so?

EDIT:  Oh I see on the website they are only claiming the high-end one uses the new chips.  So they all have the same electricity usage but hashrate varies by chip used.
http://en.hotmine.io/#pricing

That hashrate to kilowatt ratio is in the range of what bitfury claims for the new chip according to my back of the napkin calculations but according to bitfury claims on efficiency that would put it at the very bottom end of that range (or maybe slightly under it actually).

EDIT AGAIN:  Oh now I notice where it is a pre-order. They all are, but the 16nm one has the furthest out date with Sept of 2016.  So maybe or maybe not the first publicly available device with the new bitfury chips.

The last time I made a comment on this boiler for home heating I was told to STFU.

So I will not say anything other then that.

WHO TOLD YOU to STFU regarding this boiler? I need to have a talk with this person.

It's already been mentioned in at least 2 other threads in these forums.

Can you please provide links if possible? Thanks so much.


I went back and found a link:
my post
https://bitcointalk.org/index.php?topic=1368053.msg14038427#msg14038427

and the STFU post
https://bitcointalk.org/index.php?topic=1368053.msg14038793#msg14038793

Now my suggestion was to not purchase the boiler and purchase s-7's.

 my advice would have been 6000 out of pocket with 32th of hash.

  that hash would have mined since march 4th and earned 1.46 coins - power cost so let us say 1 coin back so far.

I am not against a boiler setup but this offer was and is risky.

My brother in law has a home that uses oil for a boiler he has a 220 volt line he could feed this unit with the 3300 watts needed so come October this could work for him.

So if he can pay Sept 1 and get it Oct 15 if may be a good deal.  Buying now not so good.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 19, 2016, 02:54:03 PM
 #8

So this is supposed to be using the new bitfury chips?  Wouldn't that make this the first publicly available miner that does so?

EDIT:  Oh I see on the website they are only claiming the high-end one uses the new chips.  So they all have the same electricity usage but hashrate varies by chip used.
http://en.hotmine.io/#pricing

That hashrate to kilowatt ratio is in the range of what bitfury claims for the new chip according to my back of the napkin calculations but according to bitfury claims on efficiency that would put it at the very bottom end of that range (or maybe slightly under it actually).

EDIT AGAIN:  Oh now I notice where it is a pre-order. They all are, but the 16nm one has the furthest out date with Sept of 2016.  So maybe or maybe not the first publicly available device with the new bitfury chips.

The last time I made a comment on this boiler for home heating I was told to STFU.

So I will not say anything other then that.

WHO TOLD YOU to STFU regarding this boiler? I need to have a talk with this person.

It's already been mentioned in at least 2 other threads in these forums.

Can you please provide links if possible? Thanks so much.


I went back and found a link:
my post
https://bitcointalk.org/index.php?topic=1368053.msg14038427#msg14038427

and the STFU post
https://bitcointalk.org/index.php?topic=1368053.msg14038793#msg14038793


The guy was out of line, like others replied afterward. You really should not pay heed of that STFU thing.

But anyhow, thats one of the thread. The home heater is a bit gimmicky, since every ASIC already do that Wink

Bitmain has shit service, to say the least, so i may not be inclined to buy from them anymore. However they do deliver their short term pre-order, if not a bit late or DOA/crap hardware.

I'd advise to anyone to reject any scam/rip off pre-order thats 1 month + ahead of time, however. In other real life scale, pre-ordering ASIC... is like pre-ordering a 2018 car, to be received in 2038.

We are the Mineority @ https://mineority.io
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OhGodAnAi@gmail.com / virosabios@gmail.com
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March 20, 2016, 11:10:13 AM
 #9

The person who told you to STFU is not my friend so I guess this is not important.

Thanks for the backlinks man!
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March 20, 2016, 01:44:57 PM
 #10

Nothing new. Any miner produces heat which will heat a room. The new bitfury chips sound enticing, but really just getting a miner and letting it run will heat a room up. The presell is the part that worries me. If these ever come out, i'd buy it in stock rather than prebuy.. because all these scams these days.

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philipma1957
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March 20, 2016, 02:56:57 PM
 #11

Nothing new. Any miner produces heat which will heat a room. The new bitfury chips sound enticing, but really just getting a miner and letting it run will heat a room up. The presell is the part that worries me. If these ever come out, i'd buy it in stock rather than prebuy.. because all these scams these days.

The high end bitfury 3300 watt one makes sense for people that have boilers in their home

My bro in law has an oil powered furnace with a boiler it is more then 60 years old he has a 220 volt power line and I think the math works for him to convert to this boiler .

That said my bro in law is an ass and other then point a gun to his head I would not be able to convince him to do this.

Secondly if I called a guy in Brooklyn and ordered this today and he would install it in my bro in laws home in a week or so I would try to convince him.

Telling my bro in law to pay 6400 today and wait until September - October won't work.

This product would be good for homes in the New York City area with oil fired boilers.

Btw there are many.  Even attaching this to a solar grid here in NJ would be a nice project.
But the waiting is not easy.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 20, 2016, 03:48:17 PM
 #12

I haven't followed up on it at all, but I wonder if they have plans to make an annual standardized hashboard upgrade. So you buy the whole system, heat your house for a winter, and then next winter or two winters down or whenever the network has caught up, you can buy and install refit boards with newer more efficient chips. That's the only way to ensure long-term feasibility of a permanent system like this.

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March 21, 2016, 11:14:24 PM
 #13

Nothing new. Any miner produces heat which will heat a room. The new bitfury chips sound enticing, but really just getting a miner and letting it run will heat a room up. The presell is the part that worries me. If these ever come out, i'd buy it in stock rather than prebuy.. because all these scams these days.

The high end bitfury 3300 watt one makes sense for people that have boilers in their home

My bro in law has an oil powered furnace with a boiler it is more then 60 years old he has a 220 volt power line and I think the math works for him to convert to this boiler .

That said my bro in law is an ass and other then point a gun to his head I would not be able to convince him to do this.

Secondly if I called a guy in Brooklyn and ordered this today and he would install it in my bro in laws home in a week or so I would try to convince him.

Telling my bro in law to pay 6400 today and wait until September - October won't work.

This product would be good for homes in the New York City area with oil fired boilers.

Btw there are many.  Even attaching this to a solar grid here in NJ would be a nice project.
But the waiting is not easy.

Oh man, if you could find me some clients I could send you some vids or documents that all this is true and will work. I could even pay you for each real client, say, 100 usd. Scammers never send any money, right?
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March 22, 2016, 08:43:04 AM
 #14



Oh man, if you could find me some clients I could send you some vids or documents that all this is true and will work. I could even pay you for each real client, say, 100 usd. Scammers never send any money, right?

Hi mate,
I sent you an email about that via your website form, PM me back if you're interested. I believe I can have a few clients near me

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March 22, 2016, 04:46:47 PM
 #15

Oh man, if you could find me some clients I could send you some vids or documents that all this is true and will work. I could even pay you for each real client, say, 100 usd. Scammers never send any money, right?

Not true if you bring in a sale of thousands... would a scammer pay a referral of a small amount? I would guess so.    Paying a small referral for largly unknown miner does not prove real.

Why not release vids to all?   Or show some documents with Bitfury saying they are teaming up with you?  That is route I would go to prove real.   Even if real... I'm not convinced water heater miner would ever catch mainstream sales.
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March 22, 2016, 11:09:21 PM
 #16

Hey man, Im not the one in charge for the whole project. I can't decide everything, but what I can say now is that new videos are coming soon so if you'll keep an eye on this thread I'll be posting links for sure.

As for my ''referral program'', it works not only on you, but also on any user who wil help me to find clients. All necessary proofs that it  is not a scam will come in their time.
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March 23, 2016, 06:15:02 AM
 #17

Hey man, Im not the one in charge for the whole project. I can't decide everything, but what I can say now is that new videos are coming soon so if you'll keep an eye on this thread I'll be posting links for sure.

As for my ''referral program'', it works not only on you, but also on any user who wil help me to find clients. All necessary proofs that it  is not a scam will come in their time.

What is your connection to project then?  You said " I could send you some vids or documents" then you say you they are coming.  You have to realize all the scams and what your up against on showing proof.   If you say you can send vids... post them don't say once asked they are coming.  And if you really want to show proof can you have bitfury comment they are working with you?  It is proof like that that would be considered solid.

Referral program does not prove anything.  And don't get me wrong I hope you come out with great documents and prove it.  I would love to see more devices cross over to multi purpose.   Just is a lot up in air at this point.
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November 16, 2016, 09:43:38 PM
 #18

Hey man, Im not the one in charge for the whole project. I can't decide everything, but what I can say now is that new videos are coming soon so if you'll keep an eye on this thread I'll be posting links for sure.

As for my ''referral program'', it works not only on you, but also on any user who wil help me to find clients. All necessary proofs that it  is not a scam will come in their time.

What is your connection to project then?  You said " I could send you some vids or documents" then you say you they are coming.  You have to realize all the scams and what your up against on showing proof.   If you say you can send vids... post them don't say once asked they are coming.  And if you really want to show proof can you have bitfury comment they are working with you?  It is proof like that that would be considered solid.

Referral program does not prove anything.  And don't get me wrong I hope you come out with great documents and prove it.  I would love to see more devices cross over to multi purpose.   Just is a lot up in air at this point.

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Name:   depthsofsun
Posts:   43
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Date Registered:   February 09, 2016, 01:00:23 PM
Last Active:   July 10, 2016, 04:38:21 AM

depthsofsun should be replying to your request very soon now given that hotmine.io was mentioned in the linked-to article today.

Quote
Gavin Andresen suggested the future may even witness bitcoin mining equipment that utilizes the generated heat for household equipment, like electric blankets. And indeed, at least one startup — hotmine.io  — is currently offering water boilers and other household products that mine bitcoin.

Me's wonder if this outfit is affiliated with Ivan of Hashing24 (see my sig to get up to speed if not versed).
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