One of the by-products of Bitcoin mining is the excess heat generated by crypto farms. Cryptocurrency mining takes place thanks to powerful equipment that is constantly heated. However, a digital asset lover named Jonathan Yuan found a very original use for the excess resource: with it, he heats his own pool. Yuan shared his invention on Twitter. Let’s talk about it in more detail.
Note that now the popularity of Bitcoin mining is at a historical maximum. This is supported by the already familiar complexity of mining. Its task is to balance the block creation time at the level of 10 minutes, and now this figure is 28.59 T. As we have already noted, this is a record, so there are more than enough people who want to mine BTC today.
Bitcoin mining difficulty graph
The popularity of cryptocurrency mining is also facilitated by the comments of various experts. For example, the day before, Canadian millionaire Kevin O’Leary said that cryptocurrency mining will save the world. In his opinion, the coin mining niche will provoke industry participants to look for new sources of electricity, which will benefit humanity.
The current example proves that the digital asset industry can come in handy even in the most unexpected situations.
How cryptocurrency miners are used
Jonathan Yuan has kids who love to swim in the pool. At the same time, a year before he guessed to use his crypto farm in an original way, they almost didn’t do it, because the water was “too cold”. Yuan himself has recently become actively involved in mining and realized that the equipment generates too much heat, which can be used profitably.
В интервью журналистам Cointelegraph любитель децентрализованных активов объяснил принцип действия обогрева бассейна. Он приобрёл теплообменник и с его помощью установил систему для нагрева воды. По его словам, благодаря такому изобретению температура воды может сохраняться примерно на уровне 32 градусов Цельсия всё лето.
Yuan Crypto Farm
What is most interesting, Yuan’s crypto farm thus received a water cooling system, that is, he managed to optimize the efficient operation of the equipment. By this principle, you can heat almost everything that is enough at room temperature – living quarters, garages, and so on. It is assumed that heating temperature can reach a maximum threshold of 60 degrees Celsius.
True, after the ban on Bitcoin mining in China and a serious drop in the complexity of the cryptocurrency network, Yuan decided to “squeeze the maximum” out of his crypto farm. In this mode of operation, it gave out a lot of excess heat, which turned the pool into a jacuzzi. Here is his retort.
When the mining difficulty hit rock bottom, I actually pushed all of my ASIC miners to their max power, causing the pool temperature to rise above 43 degrees Celsius. The children had to stay out of it for about a month or two. Yes, I had to tell them, “sorry kids, it’s too hot in the pool, you won’t be able to swim today.”
Yuan basin
Since then, the difficulty of mining has risen again, and the crypto enthusiast has lowered the power of his equipment so that the children can again use the pool. According to him, the pool itself served as an excellent “heat buffer”, providing the crypto farm with good cooling. Moreover, it is even more profitable to heat water in this way than in other ways.
The crypto farm keeps temperature fluctuations within one degree, although outside at this time it can vary by about five degrees.
Yuan also shared a screenshot of the temperature regime of his ASIC miners. He lives in Minnesota, Midwest, so he keeps the pool warm even when it’s cold.
Minnesota is now -21 degrees Fahrenheit [-6 градусов Цельсия — примечание редактора]. Pool (blue line) very warm at 92 degrees Fahrenheit [почти 34 градуса по Цельсию — примечание редактора].
Screenshot of the temperature regime
Yuan recommends that all pool owners do the same, as this is the “ideal use case” for waste heat. Moreover, he created the company CoinHeated, which is engaged in the installation of crypto farms with the possibility of useful use of excess resources.
Мы считаем, что подобные истории не только привлекают внимание к нише цифровых активов, но и постепенно меняют представление людей о криптовалютах. Как можно понять из этого случая, монеты и связанные с ней индустрии всё плотнее используются в обычных человеческих сферах — причём за пределами мира финансов. А это неплохой аргумент для тех, кто пока так и не видел большого смысла в децентрализованных активах. Вдобавок пример владельца показывает, что связанный с криптовалютами бизнес также может затрагивать сферы развлечения.
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