In the long run, Bitcoin miners that neither use surplus energy nor repurpose their waste heat will struggle to remain profitable. As competition increases, profit margins will continue to shrink.
This is why it would be fascinating to integrate mining chips into everyday devices that already produce heat, such as the boilers inside coffee machines.
Take a coffee machine, for example. Its boiler operates almost continuously, and if it were powered by small mining chips, the heat generated by mining could be used to warm the water at the same time.
With millions of such machines running around the world, they could collectively help secure the Bitcoin network in a highly decentralized way, distributed across countless locations.
Companies that adopt such designs could benefit by earning rewards from the operation of all their machines.
If anyone has experience with boiler systems, this might be an idea worth experimenting with.
#mining #boiler