The electricity consumed by the devices is converted to almost 100% heat. Typically, this heat generated during mining is not utilized and is instead expelled directly outside.
Bitcoin miners naturally always seek the cheapest energy sources, which are practically always renewable energy sources and nuclear power. Other heating methods poorly utilize these energy sources, such as direct electric heating. As alternatives to other energy sources, solar panels cover the electricity consumed by miners and generate clean additional income for households during the summer season, as well as providing a warm home and potentially also hot water.
With our solutions, we also make Bitcoin mining carbon-neutral by utilizing energy that would typically go to waste for heating homes.
No other heating system is zero-cost or potentially profitable for the resident.
Read our blog’s first article: The Green Side of Bitcoin Mining: A Sustainable Solution for Heating and Supporting the Power Grid.
In the SunBit Blog, you can find the latest news, announcements, and blog posts related to the future of heating!
Bitcoin mining is likely one of the most criticized industries. This is due to the significant energy consumption of Bitcoin. However, is its high energy consumption really a problem?
Mining globally consumes approximately 100 TWh per year. This consumption is comparable to the energy usage of the Netherlands. . .