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The ASIC s9 from D-Central Mining comes with a slick 3-d printed case for points with the gf. It costs about 325748 sats (in today's terms ), shipping included. It's not a complex set-up if you go with the ethernet connection. I tried their vonnets wifi connector and ended up banging my head against the wall - not compatible with my ISP's router frequency, so pretty much useless for now.

Mining for Heat

As it's probably well known here (as @siggy47 has been writing about), its not a get-rich-quick scheme - far from it! If you look at it as a hobby, and you intend on using spare change to buy sats anyway, then you probably be quite satisfied with the result. May as well contribute some hash and get them kyc-free.
Noise wise, it is not too bad with the modified fans. My living space is not huge, so if the door to the room it is in isn't closed, then I can hear a quiet, high-frequency sort of hum (comparable to the dial-up internet sound, but not nearly as loud.) Also, I would have liked if somehow it came with a bult-in dust filter, as I find I have to vacuum more often with it running (probably not a bad thing). I am sure there are more sophisticated home-miners at this point.
The s9 kicks off a good deal of heat (enough for a home-office during a Canadian winter), and actually gets around 8 - 8.5 Th/s!

Is it worth it?

For fun, I ran some numbers to determine at what price point given my hashing power it would turn a profit. This is based on a tiered-electricity pricing plan, which means I have a few different scenarios to play around with. This also assumes a certain amount of hashing power per day, as estimated by OCEAN Pool.
Below you will see a chart showing the cost-of-use variables for the electricity in my area. As you can see, it gets more expensive during weekday evenings and cheaper by a large margin over-night and during the week-end.
Then, I created a few scenarios of when to run the miner, and tried to determine at what BTCCAD price I am paying for these sats.
The green section shows if I just mined at the ultra-low-overnight-rate -- this would already be profitable, but earns me less sats overall.
The red section shows at what price I am mining btc if I leave the miner to run 24/7 -- a 5x compared to the green! Some days when my balls are feeling big, I let it run. If I keep these sats until the BTCCAD exchange reaches 525000 then I'll have turned a profit!
Then, blue is somewhere in between. This is actually what I aim for most days. It basically means I turn it off for a few hours on weekdays.
I can already hear Darthcoin telling me this is a fiat mentality. I tried to treat it based on material costs - the way a business would have to operate. The fact is, where I am from, home mining is speculative based on fiat prices, and at a small scale, this illustrates a reality that the mining industry has to cope with.

DIY!

If you are interested, the document is available at Unschoooled Network for a small donation to the cause of educating more folks about bitcoin the freedom technology. You can download the file and insert your own assumptions to better understand mining profitability.
Happy mining!
this territory is moderated
The fact we've figured out how to turn what is essentially resistive heating into an income source is truly amazing.
Still can't beat Natural Gas cost wise, but if electric is your only option this is a no brainer.
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I'm with you there.
If you look at my tables, in my area, if you could find a way to automate the miners to just mine during the lowest rate-tier, then you getting about 12% sats discount.
Sadly this low rate is based on low overnight demand for power, and if someone with a massive amount of capital figured this out then it would probably increase rates.
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There's nothing fiat about responding to price signals. The reason we think fixing the money will fix the world is because of how important price signals are and how fiat screws them up.
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110 sats \ 1 reply \ @siggy47 20h
Excellent post. I'm obsessed right now and we're on the same page. I was thinking about the new mini 3 heater, but the nano q is more tempting, though I'll forego some warming for more bitcoin. I'm messing with my own spreadsheet on librecalc with a python script to pull usd/btc historical and current prices, but yours is probably better!
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I didn't pull any prices.
I determined the Fiat/BTC price at which I paid by dividing electricity cost by the amount earned in sats. All you need is the cost of your electricity and an average amount of sats earned per period.
You can download the file via my btc pay server (link in post) to see for yourself!
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100 sats \ 1 reply \ @DarthCoin 15h
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A landlord who pays the electricity - what a dream!
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100 sats \ 3 replies \ @DarthCoin 17h
I can already hear Darthcoin telling me this is a fiat mentality
hahahaha no, mining is really linked to fiat when is about to produce or at least when you have to pay for the electricity. So you always have to compare the costs of producing that heating with standard methods (electrical, wood, gas) to the cost of heating with a miner. Earning sats will be just for fun and as a little extra.
I am also interested into mining for heating but the thing is that where I live, will be like 5 full months period proper to heat the house / room. The rest is hot like hell so the miner will be off totally. Also I checked the electrical installation and for a decent heating miner I will need to request a raise change of power from the electrical company. That will imply a price raise and is not worth it anymore.
Right now I am heating with wood stove, I have plenty of free wood around (I live in a mountain area).
But my idea is to install a miner as heater in my new homesteading citadel (in construction now) where I have a nearby small river with enough flow to put a mini-hydro with 24/7 enough power to run whatever miners I want.
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Thinking of you, I took as many pains as posdible to try and divorce this analysis from fiat prices. Ultimately, you can determine the price paid for electricity in terms of sats it's meaningless in the real world, at least until the hydro companies catch on and start accepting lighting payments.
Right now I am heating with wood stove, I have plenty of free wood around (I live in a mountain area).
I envy this. Do you split wood in the spring to season it before Winter?
Ofc you know this, but take extra care with your chimney and stay safe out there.
But my idea is to install a miner as heater in my new homesteading citadel (in construction now) where I have a nearby small river with enough flow to put a mini-hydro with 24/7 enough power to run whatever miners I want.
Incredible idea! Looking forward to your next updates on this...
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21 sats \ 1 reply \ @DarthCoin 16h
Do you split wood in the spring to season it before Winter?
Starting now in March until end of May we cut trees, cleaning paths etc and let them dry for a while and then split them and rest in a covered place. I always let some big trunks not split so I can have my own free gym the whole year. When I want to make some exercise I just split wood hahahaha
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My father used to make me cut wood as a kid. I'm glad I got to learn at a young age. Hoping to put this skills back to use at some point again.
BTW the s9 noise might drive you crazy in your shire home. Maybe fashion a noise-proof box if you go that way!
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31 sats \ 2 replies \ @Aardvark 20h
Does it plug into a regular outlet? I'm really interested in doing this as i need a space heater in one of my rooms anyway.
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Yes, but I use a surge protector because I have pets and a partner living with me. Can't be too safe.
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31 sats \ 0 replies \ @Aardvark 20h
Awesome. It's definitely somewhere on my to do list. I'll bookmark this post for later.
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Thank you very much for making the network even more secure and decentralized. And in return, you get a nice heater lol.
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Nice write up! D-central ended up taking care of me after a bit of a wait. Not very communicative during that time but the product finally came.
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What other heat options are available? Usually natural gas is cheaper to run than electric.
Post should be titled "Non-profitability..."
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