grimsage

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Feb 21, 2017
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Recent posts
  • Yes indeed. That's why the plan is (if I'm going through with this project) to use low power like 500W, so that I would be able to basically run the miner throughout the day pretty much always, as there will be enough…

  • These are very good points of course. I did my own maths, based on about 500W for 6 hours a day, which is power I should have pretty much "always", even in winter. That would be enough to heat all the water we need. But…

  • Yes definitely. It is a cool idea (that has been floating around since the first ASICs were created), but it never really went anywhere for some reason. Maybe it is not practical on a larger scale and without DIY…

  • Yes, I'm aware of that. The S19's are just the first "somewhat suitable" devices I found, but as you say, they are above the power range I think would be reasonable. I can run the numbers again and maybe I could go with…

  • I've been thinking about using a Bitcoin miner to heat water for my home, using leftover electricity from my solar setup. The plan is to only use it when I need heat and have extra power, not to keep it running all the…

  • Thanks for the pointer to Liana Wallet, that is interesting! In my specific case, I have my own offline wallet setup (not a hardware wallet) where I would do the signing, so the situation may be slightly different from…

  • For the record, my own plan for this was a bit different (on the technical details) than what you propose. My idea was to set up a taproot address X with two spending paths: Default spending by my original private key…

  • This is actually close to an idea I had for setting up recovery on my own wallets (but not yet gotten around to do it). I think this setup with presigned transactions but in a way that leaking them is not critical if…