Bitcoin mining consumes a lot of energy to power processors, resulting in a lot of heat. We also use a lot of energy to heat our living and working environments.. But what if we could combine the two?
HEATMINE
The harm that Bitcoin mining is doing to the planet seems to be the subject of endless debates. In any case, almost everyone agrees that it would be beneficial to reduce the required energy consumption.. But if that’s not an option, there are alternatives to increase efficiency instead.
Canadian mining company Heatmine is based in Quebec, where most of its energy comes from renewable sources.. However, this does not prevent the company from making the process even more environmentally friendly by storing and reusing the heat released.
ENERGY SAVINGS IN GREENHOUSES
The company’s first attempt for heat recycling is to heat water in its own tank. was to use the excess heat from mining rigs for. Because Quebec has a cold climate for about 10 months of the year, Heatmine has developed a system in which mining rigs are deployed some distance from each other in areas where warmth is needed. placed. Heating costs have dropped by 75-100%, allowing growers to compete with strawberries imported from warmer climates.
IF YOU LIVE IN CANADA
Heatmine is now receiving applications from homes and businesses considering joining the app. According to information on Heatmine’s website, a heatmine installed outside a house can heat several rooms and an outdoor swimming pool.. Or the company can install multiple hardware units to cover a wider area.. Each machine can produce 75,000 BTUs per hour, which can heat up to 300 square feet.
Heatmine plans to continue expansion in Canada. The company is also considering expanding to areas of the US where electricity is cheap and often cold.
Developing longer-term solutions to Bitcoin’s energy consumption seems likely to be essential, but this is small to offset the carbon footprint created today. a method.
Follow us on Twitter, like our Facebook page and join our Telegram channel to be instantly informed about the last minute developments!