0
- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Bitwater: the water heater element that mines bitcoin
Posted on 10/24/26 at 5:03 pm to HubbaBubba
Posted on 10/24/26 at 5:03 pm to HubbaBubba
quote:
approximately $2.40 annually
I’m not going to install one of these so I can make $2.40 a year. Does that even buy a hamburger at macdonalds anymore?
Posted on 10/24/26 at 5:29 pm to HubbaBubba
quote:
Which, individually, would be, at current Bitcoin valuations, approximately $2.40 annually.
You can use the earnings to pay the META infrastructure increases coming to your Entergy bill.
LOL
Posted on 10/24/26 at 7:14 pm to Tarps99
I did not open any link to see what you can actually mine but at that TH/sec the probability to solo mine a block is once every 560 years. If it lets you pool mine then you are probably looking at less than 30 cents of bitcoin per day at current prices.
Posted on 10/24/26 at 8:44 pm to tigermed
I would have thought with quantum computers and AI that all the bitcoin would be unlocked by now.
Posted on 10/25/26 at 1:25 am to Captain Rumbeard
quote:
So is it hoping to get lucky or is it part of a pool of miners and you get a cut?
How the hell did that question warrant two downvotes?
Posted on 10/25/26 at 1:27 am to Powerman
Proof Of Work is the what you're missing. That's the mining side. Application side is developing. People thought it would be an alternative currency but it's not. It's more like property.
Posted on 10/25/26 at 7:20 am to Odysseus32
quote:But blockchain =/= Bitcoin.
The technology that underlies bitcoin can be used as permanent ledger for applications outside of currency.
This is more or less why Ethereum exists as well.
It's kind of like saying bank vaults have other uses besides storing and keeping records of gold.
This post was edited on 10/25/26 at 7:30 am
Posted on 10/25/26 at 8:00 am to hawgfaninc
Only crypto bros would create something that has no roi.
Most people are moving away from inefficient water heaters to use less electricity. This thing costs more than a hybrid heat pump water heater.
Your water heater doesn't run 80% of the time. More than likely you will be paying more to get less. Not counting upkeep etc to make sure it stays connected to the Internet etc. Failure rates of the electronics. Most of these rigs didn't last long enough to make your investment back.
Plus there are legal limits to what temp it can heat the water to.
Most people are moving away from inefficient water heaters to use less electricity. This thing costs more than a hybrid heat pump water heater.
Your water heater doesn't run 80% of the time. More than likely you will be paying more to get less. Not counting upkeep etc to make sure it stays connected to the Internet etc. Failure rates of the electronics. Most of these rigs didn't last long enough to make your investment back.
Plus there are legal limits to what temp it can heat the water to.
This post was edited on 10/25/26 at 8:04 am
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News