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Understand the Bitcoin Rigs

Guest SubmissionBy Guest SubmissionMay 23, 2022Updated:May 23, 2022No Comments4 Mins Read
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Bitcoin and the creation of bitcoins have completely altered the investment game. We were following the traditional approach towards investment until the time digital currency came into the picture. Moreover, it offers the opportunity to the traders to earn quick profits. However, while the bitcoins are mined tremendous amount of heat is emitted during the process.

Bitcoin is a complete package where everything can be utilized to earn money. Here, the immense heat emitted can be utilized to generate energy that can be used in many places and can be a source of income. You can check the  bitcoin-buyer.io to keep up with trading changes and adapt trading platforms to these new trends. These are called bitcoin rigs, and let’s explore various options that traders have opted for their bitcoin rigs. 

  • Bitcoin powered whiskey

Bitcoin, when mined, generates enough heat that Sullivan, who is the founder of Mint Green, used that heat to keep his home warm for years. He, later on, realized that he could utilize this intense heat to prepare whiskey. Later on, he shared his thoughts with various companies and later joined hands with Shelter Point Distillery. 

The added heat to the barrels enhances the taste and accelerates the whiskey’s aging process. This method has helped them to prepare high-quality whiskey in a short period. Both the companies have joined hands together and are now enjoying the benefits of this new technology of bitcoin. 

  • Bitcoin heated hot tub

Jesse Peltan created this technology of heated hot tub. He had an idea that what if he used his S9 miners to heat his hot tub. He later on combined ASICs and his hot tub and used the S9 miner to increase the hot tub’s temperature. Moreover, he also connected his wifi to the hot tub so that he could automatically turn on the jet. 

In his review on Twitter, he mentioned that the tub gets heated up quickly. This is another example of using the heat emitted by bitcoin mining. 

  • Crypto tires

Technology has made everything convenient and easygoing for people. Everything has contributed to making human beings’ lives comfortable, from pins to a plane. Transportation has played a major role in this and has completely changed the traveling game for human beings. However, our comfort is hampering the environment to a great level. Every vehicle uses tires, and these tires are dumped into the environment. On top of that, when these tires are burnt, they emit harmful gases that are very dangerous fr human beings and nature. 

Jason Williams came up with the idea that what if they could utilize these tires for a good purpose. He developed a patent that would heat the tire and turn it into liquid without burning it. This liquid would be captured and would be converted into fuel. This fuel captured will be converted into bitcoin. This is how he used his intelligence to mine bitcoin out of dumped tires. 

  • Bitcoin heated swimming pool

Everybody likes their swimming pools warm and sweet, neither too hot nor too cold. A Minneapolis-based coin miner used S9 and S17 miners to heat his pool and create bitcoins. The heat generated during mining he used to keep his pool warm. Moreover, he used the same system to heat his home as well. When China banned bitcoin mining, he used this opportunity to mine the maximum number of digital currency and heated his swimming pool to as high as one hundred and fifteen degrees. 

  • Drilling oil and creating bitcoin

When oil is extracted from the mines, it often emits various gases and chemicals. One of the most common kinds of gas is natural gas. The miners mostly sell this natural gas so that they can capture and ship them. However, sometimes they don’t have the means to ship, store, or capture them, and thus, it goes to waste. 

But as technology has advanced, how they can store this gas has also advanced. By using Barbour’s Upstream portable mining rigs, they can easily store this natural gas and convert it into bitcoin while mining oil. It is an eight-by-six metal shack used by many miners all over the globe to store and convert this by-product of drilling into bitcoin. 

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