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New space heater from Quarnot mines cryptocurrency to pay for itself

The Quarnot C1 costs a lot but it is innovative and usable in home environments. It does not pack a hard drive or OS but is controlled via phone to mine cryptocurrencies.

A recently launched Quarnot’s QC1 heater not only helps keep your house warm and more livable during winter months but could also pay its bills by earning a little cash through mining cryptocurrencies.

It contains two AMD Radeon RX 580s and retails for $3,600.  

The toaster generates heat from two graphics cards that also mine cryptocurrencies. You can also track crypto markets and prices in real time as you mine and heat the home, using a mobile application and the device’s LED.

Users control it from the phone to mine cryptocurrencies — so there is no hard drive or operating system for or that comes with it. You might want to compare such a high price against a high-end gaming PC packing two comparable cards all set to mine crypto.

It means it would take about more than five years mining Ethereum on a daily basis to pay for itself. However, it is a great idea to use the heating generated from cryptocurrency to heat your home. Mining cryptocurrency could become more approachable with energy being put to better use.

It is not the first mining device that can actually heat your home and it might not make you rich in the short run out of the mining activity. But it fits for home use.

Comino is marketing a mining rig that can also act as a heater. The Comino N1 costs around $5,000 per rig. Like the Quarnot device, it is easy to use for people without an advanced understanding of cryptocurrency mining operations. With it, you can connect other wallets and even other mining rigs to the dashboard.

Therefore, these types of devices might be what to look for come winter. 

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David

David Kariuki is a journalist who has a wide range of experience reporting about modern technology solutions including cryptocurrencies. A graduate of Kenya's Moi University, he also writes for Hypergrid Business, Cryptomorrow, and Cleanleap, and has previously worked for Resources Quarterly and Construction Review magazines.

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