Cryptocurrency mining in the US is used as a revolutionary method of alternative energy

In the United States, the rising cost of electricity in the cold season is prompting some users to experiment with non-standard heat sources. One such approach is heating with cryptocurrency mining. Its supporters believe that the heat generated during computing processes can be effectively used to heat homes, perfectly integrating it into the energy system of buildings.

According to the brokerage company K33, the bitcoin mining industry generates about 100 TWh of heat annually, which would be enough to heat the entire country of Finland. Some entrepreneurs are already trying to reuse this heat. For example, companies offer specialized devices, such as the HeatTrio, a $ 900 heater that doubles as a mining rig.

Jill Ford, CEO of Dallas-based Bitford Digital, notes that some users integrate mining devices into home ventilation systems, which can partially offset heating costs. At the same time, she emphasizes that the cost-effectiveness depends on the cost of electricity, equipment capacity, and regional conditions. In most cases, it is more a way to reduce costs than to make a profit.

Professor Derek Mohr of the University of Rochester is skeptical about the prospects for domestic crypto heating. He reminds us that modern bitcoin mining is extremely specialized, and home computers are practically incapable of providing profitability. In his opinion, such devices are ordinary heaters that consume the user’s electricity, supplemented by a marketing «crypto» shell.

At the same time, Nikki Morris, executive director of the Ralph Lowe Institute for Energy at Texas Christian University, believes that the idea deserves attention. She sees the potential in using heat from computing processes to heat homes, heat water, or greenhouses. In Challis, Idaho, Softwarm is already using a similar system: the heat from bitcoin mining is used to heat car washes, industrial facilities, and residential buildings.