Russia: Warmth in the time of bitcoins! Irkutsk turns energy from bitcoin mining green

Engineering enthusiasts in Irkutsk have transformed a bitcoin miner to a sufficient power generator for private housing, footage filmed Wednesday reveals. «We developed the concept of using warmth from calculating operations in peaceful purposes as residence heating,» co-founder of project 'Cryptohouse', Ilya Frolov, explains. «Energy cost is the key factor for [bitcoin] mining and here in... Еще Irkutsk we have the smallest amount of charge, that's why Irkutsk is proclaimed as the unofficial capital of [bitcoin] mining of Russia» he added. 'Cryptohouse' is a new generator that turns the heat produced by bitcoin miners into private heating energy for the monthly cost of USD 430 (ERU 370).

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