Russian entrepreneurs heat home with bitcoin mining rig
Two Siberian bitcoin miners have devised a way to use the energy generated by their bitcoin mining operation to heat a small cottage in the town of Irkutsk. The prototype 215 sq ft house, built by Ilya Frolov and Dmitry Tolmachyov, includes two rigs, which warm liquid for radiators inside the structure. Tolmachyov, who earns around $430 per month from mining, hopes that more homes in the region can be heated in this manner.

Two entrepreneurs have figured out how to heat their homes for free: bitcoin mining.

Bitcoin transactions require a lot of processing power, which creates a lot of heat. So Ilya Frolov and Dmitry Tolmachyov built a wooden cottage in the Russian Siberian town of Irkutsk, and they’re heating it with two bitcoin mines. The men pocket about $430 a month from bitcoin transactions, while keeping the 20 square meter space warm.

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Watch our video to see how the heating system works.