What’s mined is yours

While a city in New York state contemplates restricting the mining of cryptocurrencies to save on electricity, a startup in France is going its own way, so to speak:

French startup Qarnot unveiled a new computing heater specifically made for cryptocurrency mining. You’ve read that right, the QC1 is a heater for your home that features a passive computer inside. And this computer is optimized for mining.

While most people use laptops, back in the golden days of computer towers, you could heat a room with a couple of desktop computers. And heat is still one of the biggest challenges when you’re building a data center. You have to cool thousands of computers that run 24/7.

My office is unheated; the A/C runs 24/7 to keep the server tower unsweaty. So I comprehend this dynamic quite well.

The QC1 features two AMD GPUs (Sapphire Nitro+ Radeon RX580 with 8GB of VRAM) and is designed to mine Ethers by default.

You can set it up in a few minutes by plugging an Ethernet cable and putting your Ethereum wallet address in the mobile app. You’ll then gradually receive ethers on this address — Qarnot doesn’t receive any coin, you keep 100 percent of your cryptocurrencies.

At the current price for Ethereum — you may mine other currencies if you’d prefer — the QC1 will give you about $120 a month, which may not seem like a lot from a $3600 machine, but if the price goes up … well, yeah, it’s a crapshoot, but it would be a crapshoot even if you didn’t have a dedicated mining box.

(Via Fark.)

1 comment

  1. McGehee »

    9 March 2018 · 4:24 pm

    At long last, a cryptomining business model that actually produces something worthwhile.

    And at $3600 it’s cheaper than a congressman.

RSS feed for comments on this post