Stop Paying For Heat (Mine Bitcoin Instead)
Show notes
Dane from Hashrate House joins the show to explain how a bitcoin miner can replace the heating element in your water heater, hot tub, radiant floor or driveway, so the heat you already pay for pays you back in sats. He walks through why he went from 80 decibel S19s to silent immersion systems, what a home install takes (a plumber and an L6-30 plug), the ROI question against a 10,000 dollar furnace, writing the gear off as a business expense, and why home miners help decentralize the network. Also covered: mining 101 and the 3.125 bitcoin block reward, home mining vs hosting, natural gas and cold climates, Airbnb hot tubs as a sunk cost, and how to reach Hashrate House.
Timestamps:
0:00 Intro
0:42 Dane from Hashrate House joins
1:24 From jet-engine S19s to immersion heating
2:54 Is it too late to mine Bitcoin at home?
5:20 Heat that costs you nothing, and decentralizing mining
6:56 Writing it off as a business expense
8:17 The ROI question vs. a $10,000 furnace
9:41 Hot tubs, driveways and any heat source
11:10 Install: a plumber, an L6-30 plug, done
13:26 Cities, big installs and going local
14:43 Make LA heat its pools with miners
16:27 Sats, not cents: you don't need a whole bitcoin
17:29 Mining 101: 3.125 BTC every 10 minutes
19:21 Home mining vs. hosting, and the security budget
21:25 $8 a month to heat water, paid back in bitcoin
22:35 How loud is it? The wife approval rating
23:22 Electricity costs, natural gas and cold climates
25:50 Where to find Hashrate House and book a consult
26:15 Installers wanted: plumbers paid in hashrate
28:05 Airbnb hot tubs as a sunk cost
28:58 Ledn and wrap-up
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