Qarnot, a french startup designed a heater that generates heat by mining cryptocurrency.
The QC1 features a passive computer optimized for mining to meet “the heating needs of consumers,” said Qarnot co-founder and COO Miroslav Sviezeny. The QC1 uses two AMD GPUs (Sapphire Nitro+ Radeon RX580 with 8GB of VRAM) and mines Ethers by default but this can be changed since it runs on Linux and can be accessed directly. The initial setup is as simple as plugging in an Ethernet cable and entering an Ethereum address via the mobile app.
Qarnot estimates, with current stats, that the heater will mine at 60 MH/s and generate around $120 USD per month excluding electricity costs. All the money goes directly to the individual QC1 owner and none is kept by the company. The heater will cost $3,600 USD, but can also be bought in Bitcoin. In addition, the heater has a very elegant look to fit in with any modern home.
More than just financial independence
Using the intense energy of crypto mining to heat homes is an idea that helps people beyond financial independence. The QC1 allows users to get paid to heat their own homes and thus reducing their energy costs, but even more revolutionary is the concept to heat homes for free and someone else keeps the crypto. These two concepts use the potential of crypto to provide a valuable life-sustaining service to people around the world for free or reduced costs.
Cryptocurrencies were originally created to give people around the world financial independence from governments and big banks, while also maintaining their security. The development of heating homes through crypto mining is an example of how unforeseen developments can take place that were not originally imagined. Overall, cryptocurrencies have a base goal of helping people in one way or another. The economic and social incentives of cryptocurrencies allow it to evolve while still staying true to the original goals.
Dash is developing the future
Dash has already made leaps unmatched by other cryptocurrencies to helps those in countries that do not have access to traditional banking or suffer from inflation of their national currency. People living in these countries need a way to safely and securely send and store their currency that is not currently available in an efficient manner. Dash has been rapidly spreading throughout Venezuela due to the rapid inflation of their national currency. Dash also has teams to financially help those in countries that have less inflation, but still lack banking infrastructure, such as Nigeria and Cameroon. Dash is not only helping people now, but also doing detailed research and development to ensure the network is able to help people in the future.
Cryptocurrencies still have a lot of questions to answer before they are able to meet the wishes of consumers on a much larger scale. However, Dash is in the process of developing and releasing Evolution to be the first of many software and hardware releases to allow Dash to continuously scale to meet future demand. Dash’s development road map is finding ways to maintain economic incentives, speed, and cost efficiencies of the cryptocurrency network at increasing scales without sacrificing the security granted through a decentralized network. Dash is able to leverage its unique governance and treasury structure and network to develop and implement solutions that were not even foreseen years ago just as a cryptocurrency heater was barely even a dream a few years ago.