This article feels a bit sloppy, but there are some cool details in it:
This means an ASIC operating at 3,000 watts produces virtually the exact same heat output as a 3,000-watt conventional space heater, but pays the owner for the privilege.
I've wondered about this. Apparently, an ASIC is about as efficient as a space heater at converting electricity to heat.
@Undisciplined was recently arguing in favor of widespread heatpunkery (#1442526) and this article makes me think he's not wrong:
Mining hardware manufacturer Canaan Inc. (@canaanio) is paving the way for enterprise-level heat reclamation with a 3 MW proof-of-concept in Manitoba, Canada, recovering ~90% of heat from 360 liquid-cooled servers to preheat water for a commercial greenhouse. Kent Halliburton (@khalliburton) of Sazmining is demonstrating similar scale with an Arctic Circle hydro-powered facility in Norway that replaces an oil-fired boiler for local community buildings. Christian Sartori at MARA (@MARA) and Colin Sullivan at MintGreen (@MintGreenHQ) are aggressively pursuing municipal district heating and commercial immersion, proving heat reclamation works from the retail-pleb to the industrial scale. Just to name a few.
At the consumer and prosumer level, builders like Dane Sjoden of Hashrate House (@hashratehouse) and Michael and Tom from Snorkel Hot Tubs (@SnorkelHotTubs) are delivering viral proofs-of-concept like the "Hashtub" (a hot tub heated by 200 TH/s of mining power - one of which will be prominently featured at this week's Heatpunk Summit). Toine (@TronMonGone) of 256 | HEAT inc. is developing turn-key retrofits to optimize bitcoin miners for space heating, and founders like Alex Busarov (@heatbit_com) are pushing product design so that hardware can sit quietly in a living room, resembling a high-end Dyson purifier.
There are some good points here about the larger heatpunk thesis:
As heating budgets "subsidize" electricity, the floor for profitable mining drops. A legacy facility might shut down when hashprice plummets, but a commercial greenhouse or a home heating system will never turn off their miners because the heat demand remains.
All it takes is for mining hardware efficiency to come up against hard physical limits. It's been a long journey from cpu to today's ASICs and I'm not sure if we're there yet
I won't be surprised if mining is never able to replace super high heat appliances, like ovens or stove tops.
There's a lot of room, though, for adoption of water heaters, space heaters, heated floors, saunas, hot tubs, etc.
https://twiiit.com/ocean_mining/status/2027113131541934560