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Author Topic: What's stopping companies making an actual space heater bitcoin miner for home?  (Read 436 times)
NotATether
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June 04, 2022, 07:53:49 AM
 #21

I mean, it's more accurate to call those things room heaters rather than space heaters, the heat is concentrated mainly in a single room, and the central heating system is not easy to access or connect some heat source to, so the best you're going to get is an expensive substitute for a wall heater.

Now imagine for a second if you could mount these things to a wall. Kind of how like TVs can be mounted.

So you'd attach a single miner in each room you want to heat, but then you'd have to optimize the cost (at the expense of hashrate) to bring it down closer to the cost of a standard heater.

For control over the temperature, just change the miner frequencies through a web control panel Smiley

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June 04, 2022, 01:58:20 PM
 #22

Another problem with GPU mining is probably more philosophical. How many GPU coins are some form of pump/dump scam rather than something viable as a means of economic exchange?



Adjusting heat levels with a tuning routine that optimized voltage and frequency against a measured power draw would be pretty easy. Could even have a physical dial that sets the level, indirectly, by setting the tuning routine's target.

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June 04, 2022, 02:16:20 PM
 #23

I look at it as not making money but spending less money.
Due to only having 1 zone for heat where I live, it's either heat the entire place or use a space / area / room whatever you want to call it heater to keep the bedroom a bit warmer during the night. There are many time that only 1 area needs it. Even at my parents old house that had multiple zones many times they were still larger then needed.
So a couple of ugly old miners tuned for noise instead of speed does work quite well.

Except for the ugly part. I kind of made it work with a few old tower cases and a couple of 1 board S9 units. But their appearance is marginal at best and would probably fit in a lot of aesthetics of homes. So something made to do the job would probably be good if you could keep the cost down. Add the possibility of replaceable hash boards for future upgrades and you could probably move a lot of units.

IF you could keep the cost down.

A cheap room heater that just burns electric can be had for under $50. Make it a better looking one and you are at $99 give or take. And the really nice ones can be a couple of hundred. If you could make one that sells for $500 but makes you $10 a month in BTC it's going to be a hard sell. $400 cost and $20 a month, that is a much easier sell. Obviously as difficulty rises that $20 goes down. But, to start, at least for the 1st winter it takes some of the sting out of the initial cost. Assuming you are running it 1/3 the day every day of the month you are looking at about 17 TH/s at today's price and difficulty for $20 a month.

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CochnocherCrypto
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June 04, 2022, 05:24:07 PM
 #24


Hey, I recognized this place from the other thread!, you have compac fs as well  Grin

The Apollos and the Compac Fs are the best home miners at the moment, not sure which one would make a better heater though  Cheesy

That's me! Yeah I initially bought myself 2 S9 SE's and 2 Bitmain APW3's - but this presented a host of problems for heat/noise and electricity (limited amount of outlets and breaker combo possibilities that left enough headroom for me to do my normal day to day stuff in a not-so-huge apartment). Two weeks later I stumbled across Futurebit's site. NO CONTEST for home-use viability - the Apollo's are awesome - truly "set it and forget it" which for the use of a heater is crucial. Tuning the Apollo is very straight-forward and could absolutely be done using a raspberry pi zero 2 for a controller and some sort of switch bank or a rotary dial type of input device (like the ones I service on a daily basis in automotive applications). One would just basically write the text files to be executed in the terminal. After the initial setup a display wouldn't be necessary. I have to agree though - difficult thing with all of this is still marketability. I think this is the type of thing that a mining enthusiast or a crypto enthusiast in general would probably like to have - but the price would have to be "just right".
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June 06, 2022, 12:21:47 PM
 #25

Well… looks like someone else took this to the drawing board a few years back.

https://hotmine.io/en/catalog/18

Have to say… being an aesthetics guy, I’m very impressed with the product design, fit & finish, and appreciate the attention to detail in these designs! Can’t understand the videos nor any review videos but being that they’re hand assembled in Ukraine, probably out of production until the conflict cools off.
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June 06, 2022, 12:44:04 PM
 #26

Can’t understand the videos nor any review videos but being that they’re hand assembled in Ukraine, probably out of production until the conflict cools off.

They had two topics here, here is the guy that was at least involved in the project if not the owner itself, probably the project died because of the lack of actual interest outside the hardcore mining fans community, long before the conflict started, you might blame it more on covid than the war.

The timing wasn't that good either, history shows me a revenue per TH of around 20 cents, that thing would have made you $1.6 cents running all day (impossible) while costing upfront 1000$. Guess the home market didn't help either, in eastern Europe gas heating is way cheaper than electricity.

I look at it as not making money but spending less money.

People who count their pennies when looking at the heating bill will not be the ones able to throw 1k at a heater upfront despite knowing on the long run they will spend less than with the traditional $100 ceramic heater bought at home depot.
This is the main marketing problem for stuff like this, everyone will agree yeah, it covers your costs in years but the entry price is just a turn-off, and this happens with every product on the market, people will rather buy an inefficient air conditioner that offers 1/5 in warranty time than paying double on a much better product that will bridge the overall costs in a few years.

 

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June 06, 2022, 06:52:52 PM
Merited by philipma1957 (1)
 #27

Another problem with GPU mining is probably more philosophical. How many GPU coins are some form of pump/dump scam rather than something viable as a means of economic exchange?

That's why personally I do my GPU mining with Nicehash where it's basically mining BTC.  I don't think it's the greatest idea to hold shitcoins for any meaningful period of time, especially as a Bitcoin enthusiast, but mining them to get paid immediately in Bitcoin seems like it's good for the ecosystem.  It puts a constant sell pressure on alts while putting constant buy pressure on Bitcoin, it removes BTC from circulation without inflating the mining difficulty, and it keeps support away from the mostly monopolized asic mining industry.  Every home with a computer and a need for heat should be GPU mining alts to swap for BTC...

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June 26, 2022, 02:11:14 AM
 #28

Wouldn't it just be easier to run a quiet miner that does 9TH without hacking it?
As I've posted many times over the years, the old Avalon miners work fine for this.
I currently use an A851 as my lounge room heater running 24/7 ~900W of flowing warm air.
Yeah it's not silent, but at 50dB at 1ft and 40dB at 2ft it's not loud either and has zero high pitch squealing.

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July 17, 2022, 03:39:00 PM
Last edit: July 17, 2022, 03:53:03 PM by KingTin
 #29

there is also this:
https://bitcoinminingheater.com/
and
https://heatbit.com/ (apparently no one received one yet)

but there's very little info on youtube, which is a shame.
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July 18, 2022, 06:56:50 AM
 #30

Yeah they were scams, probably a bad idea to post links to them ...

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