Post
Topic
Board Bitcoin Discussion
Re: Lowering the electricity bill by mining cryptocurrency
by
Lauren Smith
on 03/03/2021, 23:43:49 UTC
But feel free, spend a boatload of fiat on a inefficient heating setup that will never mine a single coin,
be sure to post pics , and make false claims about how great PoW mining is for you.

We look forward to your pics , and the final result of that stupid idea smacking you and your wallet around.
Go ahead.  Smiley

FYI the purpose of the heat pump is not to mine coins but to heat your home and your water.
I'll give you a nice example of how this could come in handy from my own recent experience. My friend has a house in one country, but moved to another before the pandemic and had trouble coming back for winter, so he decided to stay at his girlfriend's place for a few months. I got a call from him a few days back to check on the house and it appears he had a flood because it got so cold in there the pipes froze and burst (the temperatures went down to -20 this winter which is pretty rare. Last winter we maybe had -5 outside tops and his house was fine). So if he had a mining rig in there he'd be able to get some coins for free and keep the house warm.

He's a moron and has already been told so by 3 separate people. He clearly doesn't understand how wattage works. Anything that uses a lot of wattage will get hot it doesn't matter what it is. Lol he says you won't mine a single coin.


Dude,

Heat Pumps or even those little heaters are more efficient at heating you home than the nonsense above.

Don't waste your time with crypto mining, it is a waste of your time and energy.

Only the rich actually make money off mining, the rest just waste their time.



You're a fking moron.


No , You're a Fucking Moron.

But feel free, spend a boatload of fiat on a inefficient heating setup that will never mine a single coin,
be sure to post pics , and make false claims about how great PoW mining is for you.

We look forward to your pics , and the final result of that stupid idea smacking you and your wallet around.
Go ahead.  Smiley

FYI:
Anyone actually serious about lowering electricity bills.
Options 1:
Modern Heat pump :
https://www.uniqueheatingandcooling.com/blog/todays-heat-pumps-are-more-efficient-and-cost-effective-than-ever-before
Quote
even during a 32 degree- or technically freezing- day, pumps can produce enough heat to keep you very comfortable.
 Newer heat pump systems can take things a step further and pull warmth out of even sub-zero temperatures.
No supplemental heating is required.

Options 2:
Solar Hot Water Heater:
https://renewableenergysolar.net/solar-water-heaters-worth-investment/
Quote
According to the U.S. Department of Energy, solar water heaters reduce monthly utility bills by 50 percent to 80 percent on average.
With savings like that, solar water heaters pay for themselves very quickly — usually within 5 to 10 years.
Options 3:
LED Lighting
https://www.energy.gov/energysaver/save-electricity-and-fuel/lighting-choices-save-you-money/led-lighting
Quote
Residential LEDs -- especially ENERGY STAR rated products -- use at least 75% less energy, and last 25 times longer, than incandescent lighting.
Options 4: If you have access to wood on your property
Wood Stoves

Options 5:
Upgrade your Home's Insulation
Quote
The EPA estimates that the average homeowner can save 15% on heating and cooling costs (11% of total energy costs) by adding insulation in attics, crawl spaces, and basement rim joists. For most folks, that’s about $200 in savings per year. In colder parts of the country, like climate zones six and seven, savings increases up to 20%.




You pretty much are though....

*grabs popcorn*

"never mine a single coin"  Cheesy Grin Indeed never in a million years.

Why do you want pics? You can see how much a miner makes looking at the pools. Apparently, according to you, they are not mining a single coin.

Modern Heat pump - This doesn't mine coins or give any returns at all. Sorry, can't count it. You are missing the point completely.

Solar Hot Water Heater - ROI is like 7 years. Try again.

LED Lighting - They are way more effective than 75% try 400% or so, perhaps even more. It's also clean white light not yellow. This has nothing to do with mining you are way off track. ADD much?

If you have access to wood on your property - Now you just being stupid. Do you know how much wood costs?

Upgrade your Home's Insulation - This should be done to all houses anyway.


Nothing that you have said means anything try again.