RT has reported that citizens of the Russian city of Irkutsk in Siberia have been using cryptocurrency mining to heat their homes. Irkutsk has attracted many cryptocurrency miners due to the city’s cheap power prices.
Two Irkutsk Entrepreneurs Have Developed an Underfloor Heating System Connected to Mining Hardware
Local entrepreneurs, Ilya Frolov and Dmitry Tolmachyov, have developed a functioning prototype for an underfloor heating system that utilizes the heat generated by cryptocurrency miners. Frolov discussed their prototype with local media, stating “usually mining machines are cooled by blowers; the heat is then released to the atmosphere. We consider this not rational or ecological, that’s why we’ve implemented a concept where the heat from computing operations is used for peaceful purposes of warming houses.” […]