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    Author Topic: Aren't miners living in cold climate mining for free?  (Read 141 times)
    KoinManiac (OP)
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    December 20, 2017, 12:49:50 PM
     #1

    Hi folks,

    I am about to start doing some mining with a few GPUs. Watched a bunch of youtube videos and I see miners plugging in the electricity cost in their little calculator and saying how much it eats their profit.

    Now if you live in a cold climate (I live in New York), and you heat your house/apt with electricity, regulated by a thermostat, aren't you mining for free during the cold months? I mean, consider this:

    - heat is the only form the energy spent by your mining rig can end up (don't think there is a chemical reaction anywhere)
    - you have to heat your house/apt anyway
    - unless your mining operation is very big, the generated heat is less than what you need to heat you house/apt

    how come none of the miners are mentioning this?
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