Home Bitcoin Mining Is Going To Heat Europe

Maximilian Obwexer had a problem.

He was heating his house in Austria with traditional heating oil, and was expensive. There was a tampering with his nature, and a former engineer after working on electrical energy plants, and he was trying to find a better way to heat his home.

After many experimenting rounds and after being shattered by the bunny hole in Bitcoin (mining), three years ago, he established a company dedicated to this effort. His company, 21energy, manufactures well -balanced miners, strong, and incredibly beautiful (incredibly calm!) To use the house. Early models for Oven 1 Show up to ten/s, while the distinctive model can reach, at the highest speed and a lot of noise occurs, 40/s. After increasing production, only 12 new employees are employed this year and a new launch Oven 2 (35-42 th/s), Bitcoin comes in the traditional coolant style-soft from Bitcoin. And yes, you can alone single with this Bitcoin heater … or join any gathering you think it’s best.

“Bitcoin heaters are the decentralized network balance – at home!” He announced on the stage in Helsinki on Friday hundreds of strange faces in the audience at the BTchel North Bitcoin Conference. Freshly, most of his presentation spent no Sell his excellent products or explain his story in Bitcoin, but in many problems that affect the European network.

Europeans owe foreigners to import energy. Current electricity producers-old coal, gas and water energy-extinguish their supplies to the network, are required for current wind turbines and solar panels. The generation based on fossil fuel produces carbon dioxide emissions as well as molecules in the direct environment, but their proposed alternatives pay dynamic and Electricity cannot be controlled Gille on network. In Peak Supply, you are required to provide renewable energy to network management to reduce production or reduce production; Simply no one takes over electricity, there is no place to put it

It is clear that this is bad because it wastes the potential electricity that could have been used, but the worst is that it makes investment accounts for renewable energy investors worst. Not related, families in Europe are paying exorbitant prices for their electricity … Moreover, heating in general is very expensive.

When you put all these aspects together, it is like the ancient world shouting Outside to extract bitcoin. Obwexer agrees to, “It is irrational-even if you do not like or understand Bitcoin,” as he told me, and he stands next to his shiny green booth and radiators that keep the exhibition hall in Helsinki.

In fact, a large part of its customer base is “solar youth”-the changing of loyal climate change who want to do something practical to cancel the use of their energy. Although it is not exactly the first group you think about caring for Bitcoin, the “economy is just logical,” says obwexer.

In a conversation Podcast interview With Knut Svanholm and Luke de Wolf, two BTchel organizers, Obwexer note that “Finland is really at the forefront of bitcoin heating and bitcoin heating”:

“Europe needs bitcoin mining Very badWith the higher volatility in the electricity networks … we should not fear the politicians too much, because … they have already written it – they do not see that they wrote the mining of bitcoin everywhere. “

On the stage in Helsinki, he showed one of the most important graphs in the discussion of the economy and the entire energy, which accurately confirms the importance of energy on the well -being of society. “If you want a clean, rich and healthy society, you need a lot of strength.”

To date, for Obwexer and his team in 21energy, it contributes to the flexible carcass at the network level. The status of mineral miners in a truck and stopping production pressure, for example, aquatic plants, is an ideal use of bitcoin extraction: instead of asking production production due to an extra loaded network, they can convert the electricity caused by the flow of water to Bitcoin miners – which also changes the time of their response from seconds.

In general, the use of Bitcoin miners designed for this purpose or rebuilding to heat your home is the most obvious way to give decentralization-especially that home mining workers are less likely to have bitcoin mining economics that, for example, large mining farms.

While solving many energy problems in the real world at one time, Obwexer and his team exactly in 21nenergy-“”From Tirol to the world”

Aubukar concluded that “I am very optimistic about bitcoin mining in Europe.”