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7 Wild Bitcoin Miners

7 Wild Bitcoin Miners
 
    Here are some innovative and sometimes interesting features that Bitcoin miners have discovered for their rigs.
 
    Close your eyes and imagine Bitcoin mining. Maybe you didn't see anything because the concept of "Bitcoin mining" seems abstract and vague. Maybe you see a warehouse full of ugly machines. (Warm.) Or maybe your imagination conjures a team of digital trolls who go “mining,” with virtual pickaxes in hand, whistling as they work, uprooting bitcoins from the internet.
 
 
    Then there are these settings. No matter what you imagine, you probably haven't thought of a mining rig like this. It’s an open secret in the Bitcoin community that a liability of mining — which emits a lot of heat — can be turned into an asset. “I find space heaters distasteful,” said Colin Sullivan, CEO of MintGreen, which uses bitcoin mining to power sustainable heating. A space heater needs electricity and dissipates heat, but it does nothing else, Sullivan said. Bitcoin (BTC) miners? They also need electricity, they also emit heat, but they happen to spit out bitcoins.
 
    This post is part of CoinDesk Mining Week's second open secret from the mining community: With clever innovation, almost any power source can power bitcoin miners. These two principles—miners pump heat, and miners can be powered by just about anything—have unleashed some creative and even wild mining rigs. So get ready for some bitcoin whiskey, swap your old car tires for bitcoin, and relax in a bitcoin hot tub.
 
    Bitcoin powered whisky
 
    Sullivan, the founder of MintGreen, has been using bitcoin miners to heat his home for years. This got him thinking. What else could he heat with Bitcoin? The answer turns out to be whisky. MintGreen now has a partnership with Shelter Point Distillery, a brand of whisky, vodka and gin based in Vancouver, British Columbia. Shelter Point likes to add a little heat to their casks, which speeds up the whisky aging process. Starting in May, eight S9 miners will sit on a spinning wheel — almost like a Ferris wheel — dubbed a “tumbler.” An application-specific integrated circuit (ASIC) heats the room containing the barrel. As Sullivan puts it, “Proof of Work meets Proof of Whiskey.” (Next on MintGreen’s agenda? Using Bitcoin to heat an entire city.) Bitcoin Hot Tub
 
    Jesse Peltan owns three S9 miners. He also has a hot tub. What if he combined those ASIC chocolates with peanut butter in that bucket? Peltan uses the miners' heat to raise the temperature of the water, and as a final boom, he connects the system to Wi-Fi so he can say, "Alexa, turn on the jets." In a Twitter thread describing the project, Peltan said: The Bitcoin-powered bathtub is now heating up faster than it used to be, Ertan said, but admits it's not entirely practical because "it's just for being cool." One fan of the device was none other than Elon Musk, who looked at the setup and concluded, "Fine." Bitcoin turned nuclear
 
    Coming soon to Berwick, PA: A Bitcoin mine powered by nuclear energy. Talen Energy Corp., which owns a nuclear power plant, has formed a joint venture with a bitcoin mining company called TeraWulf. According to World Nuclear News, Talen president Alex Hernandez said the partnership will create a "zero carbon coin" that will be operational by mid-2022. It was followed by Compass Mining's announcement of a 20-year deal with nuclear fission company Oklo that will begin production in 2023. As Oklo CEO Jacob DeWitte told CoinDesk, the nuclear power and bitcoin partnership could be a "beacon" for clean energy.
 
encrypted tires
 
    Think of the rubber tires on a car. They usually end up in landfills. “Just in the U.S., 350 million scrap tires need to be disposed of every year,” said Jason Williams, co-founder of PRTI, Inc. and creator of the Crypto Twitter account “Going Parabolic.” Twenty percent of those tires "have been dumped illegally in certain environments, which is not good," Williams said. So he thought of a way. He developed a patent that heats a tire (without burning it), converts it into a gas, then captures that airflow and converts it into a liquid fuel. This fuel becomes Bitcoin. In North Carolina, the PRTI plant processes 1.2 million tires a year and uses that energy to mine bitcoin and ether (ETH), according to Williams.
 
    Each tire he captures is equivalent to a gallon of oil, Williams said, because of the vast amount of energy stored in the rubber. "The tires are my battery," Williams said. “They are my stored energy, and I can unlock it with my technology.” The mine has been operating since 2015.
 
    Read more: What does a crypto mining farm look like? Amazing photos from Siberia to Spain swimming in mining pool
 
    “Imagine if your pool was always warm and warm, the warmer your pool was, the more money you made,” said the Minneapolis-based bitcoin miner, who goes by the alias Coin Heated. He uses a combination of the S9 and S17 to heat his home and his 17,000-gallon swimming pool, using Braiins software to adjust power based on weather conditions and mining potential. Usually it's on a low power setting (keeps the pool warm but not too hot), but when China banned mining, for example, Coin Heated knew it was a "once in a lifetime" opportunity to boost his miners and earn more bitcoins, Even if that means the pool will heat up to 115 degrees. "I thought, sorry boys, you can't swim right now, the pool is so hot, I'm going to get out." Drill, baby, drill (and my bitcoins)
 
    When companies drill for oil, one of the by-products is natural gas, which can leak. "Producing oil is like opening a can of soda," says Upstream Data founder Steve Barber. "There's a lot of gas and solutions that will burst. Blow-up bubbles, so do wells." Oil executives are smart, and they often have solutions, such as capturing gas and selling it. But this is not always possible. Sometimes there are no pipes or means to deliver it. This "stranded" gas usually goes to waste...unless you're using one of Barbour's Upstream portable mining rigs - basically an 8 x 16 metal shack that can be thrown right on to the oil field, ready to mine Exhaust gas is converted into cryptocurrency. This is not just theoretical. From Texas to Wyoming to Alberta, Upstream has more than 250 portable miners in operation, mining bitcoin in oil fields.
 
    Volcano Bitcoin
 
    This has the potential to be the wildest rig in history. El Salvador’s Bitcoin President, Nayib Bukele, has announced that its geothermal energy-releasing Conchagua volcano will soon power Bitcoin mines. A $1 billion "volcano bond" will fund the project. But that's not all! The Bitcoin Volcano will anchor the entire Bitcoin City, as Bukele describes it, "residential areas, business areas, services, museums, entertainment venues, bars, restaurants, airports, ports, railways - everything is dedicated to Bitcoin." Further. Read the state of bitcoin and ethereum mining in 10 charts from CoinDesk's Mining Week It's been a rollercoaster year for bitcoin and ethereum mining: Here's what the data shows.
 
    Don't Call It a Comeback: Home Bitcoin Mining Unlikely to Rise Even as popularity soars, home Bitcoin mining is a small part of the industry's overall pie.
 
    Why Crypto Mining Actually Matters
 
    The ideological debate over proof-of-work and proof-of-stake misses a bigger point: mining means the production of objective truth, says futurist Dan Jeffries. This post is part of CoinDesk Mining Week.

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