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Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia - CoinDesk

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“First, they were like, ‘I heard about bitcoin, that’s a pyramid [scheme], but I want free heating.’ Then, we worked with them, gradually converted them to our religion. And in the end, they were like, ‘OK, I figured that out, I’m going to mine bitcoin myself.”

According to him, such customers paid for hardware and installation, then learned to handle wallets and exchange accounts and now are taking care of their bitcoin themselves.

Read the rest of the story HERE:

At www.coindesk.com

 

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molly cruz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Born in Long Island public school year in Sweden as exchange student, went to Harvard one year, Cooper Union in NYC as Art student. Have two children, one of whom is rock mogul, the other has three daughters, one of whom has two daughters, making me (more...)
 
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Well, I'll be~! This article rubs my nose in my own ignorance about everything to do with bitcoin, including the term 'mining'. Clearly I need to do some research. But the simple practicality of this adventure is certainly striking. I hope your comments will fill me in. ?

Submitted on Sunday, Aug 25, 2019 at 8:30:25 PM

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