Re:Brooklyn Bitcoin Mine Causes Static for T-Mobile Users
by kerkeslager on Thursday February 15, 2018 @11:38PM
(#16389910)
Brooklyn apartments this time of year are often poorly heated. If you're paying for the electricity to run a space heater, it might as well produce bitcoins.
Re:Brooklyn Bitcoin Mine Causes Static for T-Mobile Users
by quickthrower2 on Friday February 16, 2018 @12:20AM
(#16390061)
Heat pumps are more efficient. A miner makes an inefficient heater.
Re:Brooklyn Bitcoin Mine Causes Static for T-Mobile Users
by Klathmon on Friday February 16, 2018 @12:30AM
(#16390115)
And heat pumps are more expensive to buy and impossible for a tenant to install themselves in an apartment they rent from, which is why people use small portable and cheap resistive heaters.
And in that case, a miner is just as efficent if not more efficient since it's making the user some money (maybe).
Re:Brooklyn Bitcoin Mine Causes Static for T-Mobile Users
by quickthrower2 on Sunday February 18, 2018 @05:47PM
(#16409289)
First thing I found on Amazon US
https://www.amazon.com/Honeywell-MM14CHCS-Portable-Condition...
Portable heat pump + air con. I've had something like this before, typically comes with something to slot/seal up into a gap from leaving the window open. Can be moved between rentals.
Re:Brooklyn Bitcoin Mine Causes Static for T-Mobile Users
by kerkeslager on Monday February 19, 2018 @12:26AM
(#16410945)
Efficient in what units? Heat pumps are more efficient in BTUs/kWh, but I doubt you've done the pricing to say they're more efficient in BTUs/dollar, because that's fairly complicated.
Re:Brooklyn Bitcoin Mine Causes Static for T-Mobile Users
by quickthrower2 on Monday February 19, 2018 @12:33AM
(#16410973)
Sure, lets say $500 for a heat pump, $50 for a heater. Then what 'yield' are you getting on the $450. Let's say heat pump is 2x as efficient (should be understimate). Let's say that you run 2kw normal heater for 1 hr / day winter only for 3 months. That's 180kwh. @12c that's $21.6. So you save $10 a year. A 2.2% yield tax fee. So admittedly not great.
OTOH a mining rig, well who knows that IS complicated. You might lose money, or spend a lot of time tweaking but break even.
At 1155 GH/s, he has probably mined upwards of several dozen dollars worth of cryptocurrency this month. And an extra hundred dollars on his power bill, assuming itβs not included in his rent.