TechFlow news, November 16 — As winter arrives, some Americans are beginning to use heat generated from cryptocurrency mining to warm their homes, according to CNBC. Analysis by digital asset broker K33 shows that the bitcoin mining industry produces approximately 100 TWh of heat annually—enough to meet Finland's entire heating demand—but most of this heat is wasted.
Devices priced at $900 are now available on the market that function both as space heaters and bitcoin miners. In Challis, Idaho, Softwarm is testing bitcoin mining equipment to heat local businesses.
However, Derek Mohr, a professor at the University of Rochester, expressed skepticism, noting that the success rate of home computer mining is extremely low and this heating method is inefficient. Supporters argue that as plug-and-play mining devices become more widespread, the concept could become viable in more regions.
