

BTC163: A Bitcoin HVAC & Hot Water System in the House w/ Michael Schmid (Bitcoin Podcast)
Jan 3, 2024
Michael Schmid, a Bitcoin engineer and home miner, reveals how he utilizes Bitcoin mining rigs to heat his home and hot water. The discussion highlights the environmental benefits of this innovative setup and the challenges of integrating mining with HVAC systems. Schmid also delves into the geopolitical impact of the Red Sea conflict on global trade and the U.S. dollar, showcasing how international events can influence domestic energy solutions. This conversation merges cryptocurrency technology with practical home applications in an engaging manner.
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Red Sea Conflict's Impact
- The Red Sea and Suez Canal are crucial for global trade, with significant oil and cargo transit.
- The ongoing conflict, including Houthi drone attacks, disrupts shipping and forces detours, impacting global trade and the petrodollar system.
European Reluctance in Red Sea Operation
- European countries like Spain, Italy, France, and Australia are hesitant to join the US-led operation in the Red Sea.
- This reluctance highlights cracks in international cooperation and raises concerns about the effectiveness of the response.
Michael's Bitcoin Mining Journey
- Michael Schmid started with Bitcoin in 2011, rediscovered it during the pandemic, and began mining.
- He initially used miners to heat his garage and later his Airstream trailer while traveling, sparking the idea of using them for home heating.