I am thinking of using a bitcoin miner to heat my house this winter, thoughts?(self.Bitcoin)submitted by My calculations that a simple Antminer S5 (1100GH) will replace my gas furnace heat output at roughly a 1:1 price equation of electricity use = gas savings.It basically means free electricity for my miner making ROI significantly easier.Has anyone done it?I have never entered the mining space before and I am looking for a small entry unit similar to the S5 probably sometime late this summer, if anyone has any experience that would be great to know.My plan is to put a air filter on the front of it, and hook up the exhaust through some tubing to my central air system and have it constantly pumping it's exhaust heat through my house.I expect a single S5 to reduce the heat required by about 20%.I can envision a product where Bitcoin hot water heaters or bitcoin central heating in cold climates significantly reduce the impact of the marginal cost of maintaining these systems by reducing the real costs of electricity to a point where industrial farms can't compete because you are replacing an actual NEED.

Thanks π Rendered by PID 15371 on app-162 at 2017-06-24 13:01:10.402737+00:00 running 3522178 country code: SG.Bitcoin Mining Technology 19 327 CoinsEnglishTechnologyHardwarePoolsLabsPrepaid visa cardRigsThe whoBitcoin miningBitcoin minerThe raceRobotsBtcNewsButterfliesCryptoNovemberArticlesDrillsDigital Drills: The Monster Machines that Mine BitcoinBit CoinsBitcoin MinerMining CompanyArs TechnicaBusiness IdeasComputersDrillsPrepaid Visa CardCoffee TastingForwardNEW Bitcoin Mining Hardware: Bitforce SC GH/s Bitcoin Miner from ButterflylabsSee MoreInside the Race to Build the World's Fastest Bitcoin MinerBit CoinsBitcoin WalletBitcoin MinerComputer WorksCoiningThe RaceMen's LeatherArduinoComputersForwardInside the Race to Build the World’s Fastest Bitcoin Miner: strangely lucrative game is heating up — in a big way; Details;See MoreComputer ForensicsBitcoin MinerAdventLabsButterflyCabinetForward1,500 GH/s Bitcoin MinerSee MoreBitcoin MiningMining EquipmentFinance TipsPersonal FinanceInvestingOrganization DevelopmentIn CanadaComputerEnglishForward#Bitcoin Mining in Plain EnglishSee MoreBitcoin MinerCloudNewsHerbalReligionMonsterExperienceAlternativePoliticsForwardTwo new #Bitcoin #ASIC Miners : Scam or Real?See MoreBit CoinsBitcoin MinerGadgetsForwardfrostbit - a bitcoin minining machineSee MoreBitcoin MinerRaspberry PiElectroForwardRaspi Bitcoin Miner by ermurazorBitcoin MiningMediumForwardBlackcoin’s Multipool Changed Crypto Markets — Crypto Articles — MediumSee MoreBitcoin MinerExcerciseEquipmentHappinessHealthNovemberForwardNew equipment for bitcoin mining.See MoreBitcoin MiningThe WhoPoolsForwardThe Who's Who of BTC Mining PoolsBitcoin miners hit back at cyber-thievesBitcoin MinerHitBbc NewsEcologyWarForwardBitcoin miners hit back at cyber-thieves - BBC NewsSee MoreBitcoin Mining in 2014Bitcoin MinerGraphHardwareForwardThis graph shows how the difficulty has increased ten-fold since July of last year because of the sheer computing power introduced into the system.

A miner today makes only 10% of the bitcoins that she made with the same hardware only eight months ago./crypto-articles/c777a78500f6See MoreBitcoin Mining in 2014Bitcoin MiningPoolsForwardMining Pool Hash Rate Distribution on March 24, 2014.Source: https://blockchain.info/pools Mining pools work in this way.Their combined hashSee MoreBitcoin MiningForwardASICMiner Starts HashingSee MoreBitcoin MiningLabsHardwareButterflyForwardShould I buy Butterfly Labs hardware?bitcoin irrelevant| #Bitcoin Mining PinsSee MoreBitcoin MiningForwardBlackcoin’s Multipool Changed Crypto Markets — Crypto Articles — MediumSee Moreethereum smart contractsBitcoin ATM manufacturer, BitAccess, announced today that their customers can buy bitcoins at 6,000 stores across Canada, using Flexepin paper vouchers.china bitcoin mining farm

The private and convenient vouchers come in denominations of $10, $30, $50, $100 or $250 Canadian dollars, and can be purchased with cash or a debit card.Flexepin vouchers are printed at the time of purchase in the form of a receipt, much like a gift card.The bitcoins are made available within 60 seconds of purchase.The purchase can be made anonymously, but users have to have a BitAccess web account to redeem their coins, and there is a purchase limit of $250 worth of the cryptocurrency each day.bitcoin beurzenTo redeem a voucher, all one has to do is log into the BitAccess website and type in the code printed on the voucher.litecoin deutschHeadquartered in Ottawa, Ontario, BitAccess was founded in November 2013 as a privately held company.easy gpu bitcoin miningTheir main product is one of the highest-quality Bitcoin Automatic Teller Machines (BTMs) in the world, they are installed on three different continents today, in over a dozen different countries.ethereum payment method

There are no fees or charges for typical Flexepin use, which should keep the price very close to market rates for buying bitcoin.There are, however, two penalty fees listed on the Flexepin website; a $4 monthly charge for vouchers that have not been redeemed before their “Use By” date, and a $30 fee when requesting refunds after 14 days.According to the BitAccess map, the 6,000 locations are spread across the country, and are very brand-diverse.litecoin price in 2011Gas stations, cellphone retailers, grocery stores, bars, mini-marts, and even campus bookstores are among them.o que e moeda bitcoinSome city centers, like Toronto, have an abundance of stores where you can use the service.Browsing the store locator map on their website demonstrates how easy it now is for most Canadians to purchase bitcoins at a fair price.The service provider behind Flexepin is Flexewallet Pty Ltd, a subsidiary of global software technology and systems integration provider the Novatti Group, which has many companies in their portfolio from both inside and outside the fintech space.

Flexewallet holds an Australian Financial Services Licence (AFSL) to provide Non-Cash Payment services, and is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC).The company's focus is providing socially responsible payment options for expatriates and migrants, with operations in over 130 countries.“Flexewallet is a payments solution designed for the remittance of funds for purposeful use,” states the company.Today’s BitAccess news follows on the heels of Decentral’s bitcoin gift card announcement in February.Technically the first of it’s kind in Canada, Decentral’s plastic version of a bitcoin voucher has been in testing since 2014, under the name Simple Coin Card, and looks like a typical gift card sold in store displays.Decentral announced that the card will be available across Canada in denominations of $20, $50, and $100, at an undisclosed number of local retail stores.As with Flexepin, after buying them you simply redeem your bitcoins via a website.

Decentral also lists BitAccess as one of their partners.Decentral’s CEO, Anthony di Iorio, has a long history of working with the company, and has a BitAccess Bitcoin ATM in the company’s main office in Toronto.Although Flexepin is the first major deployment of in-store physical bitcoin purchases at thousands of retail locations in North America, the idea of gift vouchers and cards has been doing well in and around Asia for at least a year.Coinplug’s OkBitCard is the largest bitcoin gift card provider, with a reported 24,000 merchant locations around Southeast Asia.Bitcoins can also be purchased by store voucher in at least 5,000 convenience stores in Taiwan.In Turkey, they have the BitUp card, which is reportedly sold at 300 locations across their country.The only serious contender in North America is Liberty X, which advertises the ability to buy bitcoins with cash at merchants in over 19,000 retail locations in the USA.Their system isn’t quite the same as a sales voucher though, it’s dependent on using their smartphone app to do the purchase, which has multiple tiers of user verifications.