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-   -   Buying Cryto Mining Rigs for Heating Solution (https://www.aspkin.com/forums/cryptocurrency/110374-buying-cryto-mining-rigs-heating-solution.html)

empirestate 09-10-2017 05:59 PM

Buying Cryto Mining Rigs for Heating Solution
 
Has anybody thought of buying multiple mining rigs to heat up their living space during this coming cold season? Free heating and you make money on the sideline.. Not a bad idea..
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slokor 09-10-2017 06:02 PM

Re: Buying Cryto Mining Rigs for Heating Solution
 
And your electrical bill will go through the roof.
Yep that's a financially sound idea...

empirestate 09-10-2017 06:04 PM

Re: Buying Cryto Mining Rigs for Heating Solution
 
Quote:

Originally Posted by slokor (Post 870695)
And your electrical bill will go through the roof.
Yep that's a financially sound idea...

Well that's a no brainer that electric bill will go up... do you have a point?
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Futuremogul888 09-10-2017 08:00 PM

Re: Buying Cryto Mining Rigs for Heating Solution
 
What he is saying is it is not an efficient way to heat your house. Even with the money you are making from mining, you would still pay more to heat your house then any of the available heating options already out there.

empirestate 09-10-2017 08:19 PM

Re: Buying Cryto Mining Rigs for Heating Solution
 
Quote:

Originally Posted by Futuremogul888 (Post 870708)
What he is saying is it is not an efficient way to heat your house. Even with the money you are making from mining, you would still pay more to heat your house then any of the available heating options already out there.

Depends how many rigs you have... They can generate huge amount of heat
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rsot 09-10-2017 08:45 PM

Re: Buying Cryto Mining Rigs for Heating Solution
 
Apartment...all-inclusive electricity....#possibilities

vogeltron 09-16-2017 04:49 AM

Re: Buying Cryto Mining Rigs for Heating Solution
 
Mining profitably is extremely difficult. Almost anywhere in the in the world. Proceed with caution and do a ton of homework. Its not a money printing machine after costs as many in-vision.


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