Home CryptocurrencyBitcoin College Dorm Bitcoin Mining: The Cooler BTC Story

College Dorm Bitcoin Mining: The Cooler BTC Story

by SuperiorInvest

The humble university dorm is a place for undergraduate students to study, relax, make new friends, throw wild dorm parties, and of course mine bitcoins (BTC).

Master’s student in market research and self-proclaimed “data guy” Blake Kaufman has connected an S9 Bitcoin miner to the Bitcoin network.

He won an S9 miner in a raffle at a bitcoin meetup in mid-Michigan and immediately started learning how to use it.

During a video call with Cointelegraph, Blake joked that he knew next to nothing about mining before the lottery. The moment he won, he ran to the nearest place offering a power cord and ethernet connection to try it out, to his father’s office.

“We turned it on and never heard it. [an S9] before. And if you know, when they start, it’s immediately dialed up to 100% and we’re all just in the room like — god — this thing is loud! We ran it for about two hours and we walked into that office and it was hot.’

The hot and noisy realization kicked his brain into overdrive. The Michigan winter was fast approaching and his university provided free electricity. Why not mine bitcoins from college and use waste heat? There was one smaller but audible obstacle to overcome. “How can we fix the noise,” he asked.

“I was just looking online, like how to denoise the S9, and this image of a heatsink came up on Pinterest. Me and my dad were like, ‘Let’s build this. Why not?’ So we bought a $5 cooler on Facebook Marketplace and had pipes in the attic and spent about two hours drilling holes and it finally worked.”

The pair built a bitcoin mining cooler that now resides in Blake’s dorm. The finished product wouldn’t look out of place in any dorm and is “actually quieter than an air conditioning unit,” he explains.

Two angles of an encapsulated bitcoin miner cooler.

But aren’t there rules at the university against this sort of thing? Won’t an energy-hungry Bitcoin miner put a dent in the university’s electricity?

“So a miner has about 900 watts per hour, a mini fridge about 60 to 100 watts per day. So it draws a decent amount of electricity there. I looked at all the rules and nowhere does it say you can’t mine bitcoins or use a bitcoin miner. So if they say you can’t do it, I’d say, good thing you didn’t say I couldn’t.”

In short, Blake doesn’t break any rules. What’s more, one miner in one dorm in a large university home to thousands of students is unlikely to arouse suspicion. It’s an ode to the famous saying attributed to Rear Admiral Grace Hopper that sometimes, “It’s better to ask for forgiveness than permission.”

The S9 ASIC now kicks in and generates roughly 0.000001 BTC or 100 satoshi – the smallest amount of Bitcoin – per Bitcoin block, which occurs on average every 10 minutes. This translates to “about a dollar a day” in fiat-money terms. It’s a paltry amount, but as a student, don’t sniff at it.

Blake’s total cost to start his bitcoin mining was a cooler box and a couple of cables for less than $20, and he’ll probably be able to reuse the cooler in the summer.

The inside of a mine cooler.

By the way, Blake’s next challenge is figuring out what to do when the weather improves and the mercury rises. High summer days in Michigan can reach 95 degrees Fahrenheit (35 Celsius). As a result, the outside air temperature will not cool the miner, which is a vital part of its operation:

“So I’ll have to come up with something, maybe put it in an ice cube box and then something like that. I do not know yet.”

Blake was already considering using the bitcoin miner to heat his family home after graduation. The idea, Blake explains, is to experiment with whether he can offset the cost of gas at home and make a profit. “It’s unfortunate because in Michigan our electricity costs are $0.14 per kilowatt hour.”

Energy costs in Michigan are relatively high in the United States, as shown by the darker purple color. Source: chooseenergy.com

Electricity and heating costs in Michigan are higher than in energy producing states like Texas. Using waste heat from bitcoin mining could be a way to offset energy costs.

Related: Bitcoin Shitcoin Machine: Mining BTC Using Biogas

Indeed, using the waste heat of a bitcoin miner Yippee a growing trend, prevalent especially in households or “chicken shack miners” as they are called. BTC Gandalf of the Braiins marketing team told Cointelegraph:

“Chicken Shack” miners are the hash rate backbone of the Bitcoin network. It’s incredible to see all the different ways to get to mine. They provide an invaluable service in maintaining a decentralized hash rate.”

Armed with a wealth of Bitcoin knowledge, Blake has since attempted to do so orange pill his classmates and even professors. Unfortunately, some of them are of the opinion that “Bitcoin is a scam.” He took it upon himself to set the record straight:

“I’m emailing those teachers like, ‘Hey, what time are the office hours?’ Let’s talk. You can’t just come out and say bitcoin is a scam with a bitcoiner in the room.”

Meanwhile, S9 is snarling in his dorm room, contributing to the network that Blake heavily supports, generating 100% “free money”.

“Besides the $30,000 a year tuition I pay, it’s 100% free electricity,” he joked.

Source Link

Related Posts

%d bloggers like this: