Same consideration for other HVAC equipment. How would an ASIC be different?
Discussion
Heat pumps use 1/4 of the electricity vs resistance heaters
Correct. And?
Miners= Equipment cost + 100% electricity cost
Heat pump = Equipment cost + 25% electricity cost
Question is does BTC mined = 75% electricity cost
It doesn't matter. BTC > 0 and electricity cost can vary. Ditch the pubCo miner suit mindset.
Gonna guess you don’t handle the monthly bills for your business. This thinking does not apply to real world applications.
It's not about being greater than zero. It's about being greater than the price you can buy it at or sell it for. It doesn't make sense to spend more time and effort to build something you can buy for much cheaper. Especially if that something is fungable. I get spending $150 omln fabric and other materials to sew a dress that you can buy for $30 because then at least you have a unique dress. Bitcoin is the same whether you buy or mine in.
The answer to that question lies in the last sentence of the comment you're replying to.
Whats the price and longevity difference between ASICs and normal heating elements?
Find out. Bruh, I'm not google. And even if I were I have no idea which specific heating units and bitcoin miners you use... I don't understand the confusion here. Find out the prices of each, find out the average longevity of each, do the math and compare.
If you ask "what math" next, I'm giving up on humanity...
Also, find out the heating effiency between each unit. Measure how many degrees each unit raiaes the temperature compared to how much electricity it eats. (if heater is using another fuel also, like gas, factor that in). Basically: how many degrees per dollar or whatever unit of fiat you use locally. I know electric heaters are 100% percentbefficient (yes really). Idk about the BTC miners. I would imagine it's not 100% bc some energy is used for the calculations, but the diff might be megligible.
So thing to consider: price of units, longevity of units, how much actual heat you'll get per $ of fuel/electricity. And after that seebif it all would be worth it: as in will you still runa good chance of spending less $ to mine a bitcoin than you would just buying it outright at an average pricenof it nowdays (you could also try average forecasted price for however long you think it'll take you to mine one, but thats iffy because there's a netural tendency to be optimistic about the future price of something you have an emotional investment in). Then there's one-time setupncosts.
Also, you may want to think about the non monetary costs of the set up: convenience. Where are the units going to be? Are they going to get in the way? Will they be loud and annoying? Etc.