Montrouge-based startup Qarnot revealed a cryptocurrency mining computer heater. The French business has come up with the high-tech solution that doubles as a cryptocurrency miner and heater.
Qarnot Moves to Cryptos
The European startup has plenty of experience in the field and boasts nearly three generations of computing heaters with a handful of different CPUs. Principally, the company is an advocate of free and green heating which reduces the carbon footprint of computations. In the start of 2018, Qarnot even won the CES Eureka Park Climate Change Innovators Award for their work.
Now, the company is moving from CPUs to GPUs.
Many companies around the world are trying to involve cryptocurrencies in their business in one way or the other and cash in the crypto craze. Until now, the company had been offering its computing platform to companies like BNP Paribas, Société Générale, and Air Liquide.
However, the crypto miner is aimed to serve the end user directly.
The QC1 heater is embedded with two AMD GPUs: Sapphire Nitro+ Radeon RX580 with 8GB of VRAM and can mine at a speed of 60 MH/S. The heater is capable of mining cryptocurrency; however, by default, it is designed to mine ether.
Qarnot claims that setting up the heater only takes ten minutes. Interested parties need only one to plug an Ethernet cable into the device and link their Ethereum wallet address using their mobile app. Qarnot does not receive any portion of the earning, 100 percent of mined currency goes to the QC1 owner.
Crypto Heater Costs $ 3,600
The mobile app will also display how the crypto market is trending in real time. The QC1 LEDs also act as an indicator of the crypto market fluctuations.
Using the mobile app, users can set different mining modes. In the case on a cold day, the two embedded graphics cards are not enough to generate enough heat, the device constituents standard heating conductors to keep the room warm.
An additional feature of the QC1 is that does not consist of any hard drives or fans, thus rendering it completely noiseless. Qarnot claims that it is the only product on the market that does not generate any noise and relies on passive heating.
The QC1 costs around $3,600 and the purchase can also be made with bitcoin (BTC).
Qarnot is not the only innovative company working on heaters that mine cryptocurrencies.
Last year, Russian startup Comino also developed a heater that doubles as an ether miner as well. It’s crypto heaters were priced at $5,000, pushing them to a higher price point that the French competitors.
In 2017, RT reported that Siberians are also moving to cryptocurrency mining to tackle the crippling economy and cold weather. Siberian entrepreneurs Ilya Frolov and Dmitry Tolmachyov developed a prototype that uses the heat generated from cryptocurrency mining devices to heat homes.