Mine Bitcoin to Save Money on Heating
A harsh winter looms ahead, and a creative New Yorker has found a brilliant solution to mounting heating costs: fill your place with ASICs and start mining Bitcoin. Perhaps you won't become the next Bitcoin millionaire, but you will certainly save a lot of money on heating. The blogger analyzes the cost of all options for heating - natural gas, oil and electricity - and concludes that electricity is the worst of the three options. But sometimes electricity is the only heating source available, because some apartments are only equipped for electricity. Therefore, it's important to find ways....
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There’s a new website on the crypto-block that was created to show real people who save money using Bitcoin. The digital currency has quite a bit of great attributes like decentralization, an open source code, and being the first true peer-to-peer money worldwide. Another pretty cool aspect about Bitcoin is certain applications can also save people money literally every day. So Thomas Hunt host of Mad Bitcoin’s created this site and video to create excitement for these money saving features. Here’s what he told Bitcoinist:
Apparently, the competition in the Blockchain business industry is heating up. Goldman Sachs, one of the original members of R3 Consortium, and Banco Santander announced that they will no longer continue exploring the potential of Blockchain technology as members of the consortium. Reasons for the firm’s decision to discontinue their connections with R3 Consortium remain unclear, as well as whether these decisions are somehow connected. Kristian Gårder, a representative from Nordic R3 member SEB, says: “Members will obviously worry if some R3 members seek patents that we have discussed....
A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet. It’s another win for Bitcoin miners and the environment. A Dutch Bitcoiner has installed a Bitcoin (BTC) miner in a warehouse to replace the heating system powered by natural gas. Why? Because it’s cheaper, more environmentally friendly, and uses solar power.Our latest installation heats a warehouse with electricity instead of natural gas. We’ve installed manual valves to guide airflow. The sound has been attenuated under 40db with a large damper. The people that work....
A home bitcoin miner shares details on how he earns bitcoin while heating his home with a DIY ASIC setup.
In July 2021, the non-governmental organization (NGO) Save the Children in Rwanda announced it partnered with the Cardano Foundation on a project that allows well-wishers to make donations in the form of cryptocurrencies. Save the Children Meets ADA At the time, it was revealed that Save the Children’s acceptance of ADA donations was not the first time the non-governmental organization (NGO) had accepted crypto. In fact, Save the Children says it has been accepting donations in cryptocurrency form since 2013. However, some have questioned the wisdom of accepting donations in a form....