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Mine Bitcoin, Ethereum, other cryptocurrencies while heating your home



It costs a fortune to heat your home during the long British winters.

So what if you could earn a bit of dosh at the same time as warming up your flat or house?

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A French tech startup called Qarnot has unveiled a new ‘crypto-heater’ that can ‘pay for itself’ by mining cryptocurrencies and generating warmth at the same time.

It wrote: ‘The heat of your QC-1 is generated by the two graphics cards embedded in the device and mining cryptocurrencies or blockchain transactions: While heating, you create money.

‘You can watch in real time how crypto markets are trending, on your mobile app and on your QC-1 LEDs.’

Could we soon be heating our homes using cryptocurrency? French startup Quarnot has recently unveiled a space heater that could potentially pay for itself. By harnessing the massive amounts of heat GPUs generate while mining cryptocurrency, Quarnot???s QC1 heater will not only keep you toasty during the winter months, it could very well earn you a little extra cash. ???The heat of your QC-1 is generated by the two graphics cards embedded in the device and mining cryptocurrencies or blockchain transactions: While heating, you create money,??? the QC1 product description reads. ???You can watch in real time how crypto markets are trending, on your mobile app and on your QC-1 LEDs.??? 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. If your home is cold and you desperately need to turn on the heaters, the QC1 turns on the two GPUs and mine at a 60 MH/s speed. There are also traditional heating conductors in case those two GPUs are not enough. With the current price of Ethereum, Qarnot says you can expect to mine around $120 per month (???100). That doesn???t include power usage. For more information visit https://www.qarnot.com/crypto-heater_qc1. Featuring: Quarnot???s QC-1 When: 11 Mar 2018 Credit: Quarnot/Cover Images **All usages and enquiries, please contact info@cover-images.com - +44 (0)20 3397 3000EDITORIAL USE ONLY. IMAGES ONLY TO BE USED IN CONJUNCTION WITH EDITORIAL STORY. IMAGE COPYRIGHT REMAINS WITH THE PHOTOGRAPHER AND/OR SUPPLIER.**
This heater could actually earn you a bit of cash
Could we soon be heating our homes using cryptocurrency? French startup Quarnot has recently unveiled a space heater that could potentially pay for itself. By harnessing the massive amounts of heat GPUs generate while mining cryptocurrency, Quarnot???s QC1 heater will not only keep you toasty during the winter months, it could very well earn you a little extra cash. ???The heat of your QC-1 is generated by the two graphics cards embedded in the device and mining cryptocurrencies or blockchain transactions: While heating, you create money,??? the QC1 product description reads. ???You can watch in real time how crypto markets are trending, on your mobile app and on your QC-1 LEDs.??? 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. If your home is cold and you desperately need to turn on the heaters, the QC1 turns on the two GPUs and mine at a 60 MH/s speed. There are also traditional heating conductors in case those two GPUs are not enough. With the current price of Ethereum, Qarnot says you can expect to mine around $120 per month (???100). That doesn???t include power usage. For more information visit https://www.qarnot.com/crypto-heater_qc1. Featuring: Quarnot???s QC-1 When: 11 Mar 2018 Credit: Quarnot/Cover Images **All usages and enquiries, please contact info@cover-images.com - +44 (0)20 3397 3000EDITORIAL USE ONLY. IMAGES ONLY TO BE USED IN CONJUNCTION WITH EDITORIAL STORY. IMAGE COPYRIGHT REMAINS WITH THE PHOTOGRAPHER AND/OR SUPPLIER.**
You can control the heater on a smartphone app and also check the movements of the crypto-markets

Mining is an integral part of the cryptocurrency economy and refers to a process of solving complex mathematical problems in order to lock transactions onto the blockchain.

Whenever you crack one of the maths puzzles, you are rewarded with several coins.

This process requires a lot of processing power, which generates high levels of heat.

The Quarnot device takes advantage of this fact and actually uses the heat, rather than treating it as an unfortunate byproduct of crypto-mining.

‘The computing heater is the result of 5 years of development by our Paris Team,’ the French firm added.

‘Its patented technology has been designed to dissipate a soft and comfortable heat, and is fully integrated with the finest materials, wood and aluminium.’

The cryptoheater is set up to generate Ethereum out of the box and you can expect to generate up to £90 a month, although electricity bills will eat into this.

MORE: Bitcoin investors ‘should be prepared to lose all their money’, Financial Conduct Authority warns





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