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♨️ Mining to get warm in europe with Heatbit posting for advice
66 sats \ 2 comments \ @jinformatique 6 Nov 2023 bitcoin
Hi, to get warm this winter and mine Bitcoin at the same time, I found out https://heatbit.com and I was about to emotionally buy it. But I stopped and did some research and calculation. Is it really worth it? Revenue is approx 70K sats/month for 10TH/s. Compared to an Antminer S9 that cost half the price and mines for 14TH/s. Sure the sound and the power to run is not the same then the heatbit at 40dB with a beautiful design. I'm living in a small apartment and it's clear I won't go for an S9 due to the noise. Currently the price of my electricity is around 0.27€/kWh and could certainly increase next January to 0.30. For the experience it might be fun, and in the long run help me save on energy, but at what price? Please help me see it more clearly. I could post here on SN all day long and get 70k sats/month as well minus the heat.
What do you guys think after the halving next year what could it be like? I thought to post here my reflection to get some better advice.
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203 sats \ 0 replies \ @YuckFou 6 Nov 2023
If you want it to look pretty and not sound like a jet airplane in your living room, I would say try the heatbit. I'm curiously tempted with trying it myself.
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0 sats \ 0 replies \ @bzzzt 6 Nov 2023
The thing that keeps me from even considering the heatbit is that you can't point the miner to the pool of your choice. They claim they will be adding that functionality but as long as that is 'still coming'...im out. A huge part of the reason one should participate in mining involves the freedom to choose your pool or method of hashing for the next block.
Consider an s9 with fan upgrades. you could follow this guide less the case (https://www.cryptocloaks.com/the-future-of-space-heaters-s9-bitcoin-asic/), and you will have an s9 that runs between 40-50 decibals. It's kinda the equivalent of an exhaust fan in your bathroom or kitchen being on. Get creative with some DIY casing around the s9 and you can get it even quieter. I suppose though if you were ready to buy a heatbit, might as well splurge on the case from cryptocloaks too as it helps with the decibals and aesthetic.
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