21:14 GMT +320 April 2018
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    Crypto-currency mining

    Hot News for Bitcoin Fanatics: Welcome New Heater That Can Mine Cryptocurrency

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    Do you think crypto mining may do any good to one’s household? Or rather can a heater yield profit? To punters’ surprise, the French have devised something brand new that serves two purposes all at the same time.

    French startup Quarnot has recently released a space heater, which would not only warm you up during long winter nights but could one day even earn you a little money.

    The heat of the appliance is literally generated through mining cryptocurrencies, as it is stated in the QC1 product description:

    "The heat of your QC-1 is generated by the two graphics cards embedded in the device during mining cryptocurrencies or blockchain transactions: While heating, you create money," the QC1 product description reads. "You can watch in the real time how crypto markets are trending, on your mobile app and on your QC-1 LEDs," it goes on to say.

    The slick device essentially houses a considerable amount of power — two AMD Radeon RX 580 graphics cards, and its retail price reaches a whopping $3,600 —  a huge sum of money  which will not immediately pay off.

    READ MORE: Quantum Blockchain: How Physicists Will Stage a Cryptoworld IT Revolution

    The news has come amid police reports on a massive Icelandic crypto-related theft, as hundreds of computer servers used for mining Bitcoin have been stolen in slew of large-scale robberies over the last two months. In January and February, overall 600 servers were nicked from computer centers in Reykjanesbær, near Reykjavik airport, and Borgarnes on Iceland’s west coast.


    Related:

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    Crypto-Banking on the Rise: Liechtenstein Bank Allows for Bitcoin Investments
    'Grand Theft': 600 Powerful Bitcoin-Mining Computers Stolen in Iceland
    Cryptostate: North Korea Made, Stole Hundreds of Millions in Bitcoin in 2017
    Tags:
    business, heating, households, mining, digital currency, cryptocurrency, Bitcoin, France
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