Let's get into the Hotmine CM-1 review. This silent miner seems like a solid option for home use.
Hotmine CM-1: A Silent Mining Heater?
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Yeah, features look cool, but the price is steep. Did I misread the conversion? 1800 bucks is no joke.
p4ul_laserMember
Posts: 3 · Reputation: 119
#3Jan 6, 2024, 10:29 AM
I’m with you. I think it’s a neat way to both mine and heat a room. But yeah, that price makes you think twice.
What’s your main concern? You wanna see how it heats a room or its mining performance?
Right. Price is harsh, but R&D costs are real. If they scale production, maybe it’ll drop to $1,400. Still a lot.
If you’re running a heater year-round, why not? I know offices that rely on them because they have zero control over A/C.
I have some rigs mining in a similar place. They’re quiet but cost me a fortune. I could get two of these for the cost of my setup.
What’s the power consumption like? I heard it’s about $4.30 a day for mining costs.
I heard it generates a fair amount of heat. About 3 of these together give off substantial BTUs.
That’s true, but with 3 units running, it gets pricey after a few months. Not really a ‘free’ solution.
The specs say it hits 8 TH with 500 W. That’s decent efficiency for mining gear.
The noise level is like a quiet laptop, which is a plus. But where’s that extra sound coming from, the PSU?
Gotta think about ROI. If it covers the heating costs, maybe it pays for itself in a couple of years.
Yeah, doing the math, it could take 30 months if you crank it non-stop. Just depends on energy prices.
Sounds like crowdfunding might happen? That could help reduce costs if done right.
Definitely! I hope they launch that soon.
But how does crowdfunding cut the price? Just trying to understand the mechanics here.
I guess they hope to produce more units and lower the price per unit in bulk.
That’s how many crowdfunding campaigns work, I’ve seen it before with tiered rewards.
token_laserMember
Posts: 62 · Reputation: 208
#20Jan 10, 2024, 01:18 PM
Yeah, but at these rates, a regular home user might still find it hard to justify the cost.