Bitcoin mining computers perform calculations around the clock — and convert almost 100% of the electrical energy used into heat. Instead of letting this heat escape unused in large data centres, it can heat buildings, domestic hot water or even swimming pools.
This makes Bitcoin mining climate-relevant in a positive sense: the same computing work is done anyway — the only question is whether the waste heat is wasted or used. Every kilowatt hour of mining heat used replaces heating energy from oil, gas or electricity.
With the RY3T Nova, a system developed in Switzerland, this principle comes to the boiler room: the device heats like a conventional electric heating element, but mines Bitcoin at the same time — the proceeds significantly reduce heating costs.
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