a summary: We review the Bitcoin mining heater. The product is mainly a work of old bitcoin workers in a nice condition with a quiet fan, however it is simple and easy to use and appears decent in a desktop environment. From our point of view, more functions can be added to the mobile phone application. As for the economic ability of the mines, this may be logical in certain scenarios, such as the Technology startup office in a cool location where costs can be removed for tax purposes, but otherwise, miners are very ineffective and costly. This is an interesting area for viewing and we are happy. We can try the mining factor.
summary
We got Trio Trio and used the general bitcoin to heat our office. We consider bitcoin mining heaters an important field for long -term focus. This is because, in our opinion, with the increase in the useful economic life of ASIC and the decline in production costs, the state of heating use is supposed to become an economically important in the bitcoin mining industry. If one needs heat anyway, for example to keep your office warm, then this theory makes mining mining 100 % and the operating energy costs are zero.
The problem is that regular non -talisman heaters may have a useful age between 10 and 15 years, while new generations of bitcoin mines come out all the time. At the same time, Bitcoin Assics production is costly, and therefore it is only logical to invest in ASics if it will restore mining all the time, not only when one wants heat. However, it is assumed, in the long run, partly due to the material restrictions of the Moore Law, the rate of improvement in the advanced efficiency will decrease, so that ASIC can compensate Bitcoin economically for a much longer period, for example 10 years. The cost of production should also decrease as a new new risk technology is involved. When this happens enough, it may make sense to merge bitcoin mining with heating equipment. For example, swimming pools, commercial boilers, and residential boilers, as well as commercial and residential electric heating systems. For this reason, we find a wonderful Heatbit business model and it is a company that we are keen to watch closely.
The Heatbit device that we have gained can get up to 400 watts, and if you are cold, you can convert the heater to 1400 w
Image from the Heatbit Mobile application
First impressions
The device is mainly an old Bitcoin mine worker, in a nice round steel box, with a quieter fan than normal bitcoin miners. The product is designed to be a consumers friendly device, competing with Dyson, perhaps, instead of being designed for the Bitcoin founder.
One of the main negatives we first captured was that there was no way to control the device in the mobile phone application, although it can be monitored remotely in the application. This looks like an important feature to be missing. Normal non -mining really requires a connection to the Internet, but since it is clear that the mining heater needs the Internet, the presence of remote control of the heater seems to be not thinking. Excessive Dysons has this ability. Perhaps the company can add this function by upgrading the mobile phone application. We also found the screen on Heatbit a little compared to Dyson air purification. Although Heatbit is an elegant device and a beautiful appearance, in terms of appearance and control panel, it is not equivalent to Dyson, from our point of view.
Another weakness we have identified is that it does not seem to be possible to choose your mining gathering. The product is designed to be more suitable for consumers, instead of allowing customization or complex endeavors such as individual mining. However, it seems that adding this function in the settings will be a useful feature. This also requires a program update.
Machine operating measures
The first thing we noticed when turning on the device is the sound. We already have mining in a noisy office, with the ocean sound about 48.5 decibels. Therefore, we thought we would not be able to test the sound of the device, which was announced as the production of 40 dB. However, miners were significantly loudly and recorded a 56.5 dB sound when the device was played. Using decibel mathematics, which it is recognized that we do not know a science and not completely sure of the appropriate in this case, we calculated the heat -producing sound as follows: 56.5 dB – 48.5 dB = 55.8DB. This is much higher than the declared level than 40 dB. Assuming that Disibelna mathematics is correct, this is somewhat disappointing. This is still quieter than a regular ASIC mine worker, which can generate a sound of about 80 dB.
Heatbit has been operated
The surrounding sound with the device turns off
Using machine energy was usually about 440 watts when mining applied only, a little about the reported C400W in the application. The application also reported a fragmentation of about 10/s. However, there was no way to check this because we cannot see the assembly settings or what is the pool. Therefore, the only real way to verify retail is to wait until we receive Bitcoin’s bonuses and then try to re -calculate the retail that we have.
Using the numbers reported from the mobile phone application, mining energy efficiency is about 40 J/th. This is effective as the latest released in the first quarter of 2020 or about 5 years. Heatbit is retained at $ 1,000 and one can buy an old mine worker from 2020 much less. However, if you want to use an old mine worker as a heater for the office, you may want to try to adjust it to reduce the level of noise and cover up the ingredients so that the office employees cannot with the device. Also, non -average miners are not consumers friendly products, so it is more difficult to prepare. This is basically the Heatbit product feature, it looks like a natural heating product, so it will not attract attention or raise problems in a traditional office environment.
conclusion
It is clear that the mining factor is making losses, when it is treated in commercial electricity costs. However, if it is a heater and mining workers only used when you are heating, the cost of electricity is zero. This makes mining economically, except for the capital cost of the device. Perhaps you can buy a simple equivalent electric heater for about $ 200 and it will take years to recover $ 800 of this mines in Bitcoin. Therefore, the mining factor does not have a great economic meaning. Another product to compare Heatbit to it, which is a DYSON air purifier, which sells it about $ 780, that is, a few hundred dollars only of Heatbit. From our point of view, the Dyson Air purification device appears more beautiful, and it has superior air quality monitoring features and has a better mobile application. However, compared to an expensive Dyson heater, you can offer an argument that Heatbit has already leads to economic savings due to bitcoin that you can absorb.
One can see the tax advantages of the mining component, for example, the work owner can heat his office, remove the cost of the device and energy costs as an allowed tax loss and then keep bitcoin personally. When doing this, the device can be economical as mines. Please note that we do not provide tax advice and are not sure whether this tax transaction is correct. This is an interesting product and it may make sense to start well -funded technology with a desk in cold sites. Heatbit is a work that must be followed and we hope they are very early.
