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The future is not set.
I am the host of the Build a Mine podcast.
I'm also the chief propaganda officer at Bitcoin Mining World.
The only industry where you can be a propagandist and people are like, yeah, I get it.
So what I want to do to start off my HeatPunks presentation, I got a quick presentation for you.
We are all HeatPunks, Bitcoin Mining for Heat.
But before I do this, I want to play a video because I just went to an event.
I went to the Denver Undermine HeatPunks Summit.
And this was a summit where a bunch of HeatPunks like myself were in Denver, we're building heat reuse projects.
And I think this kind of captures what we're trying to do in the industry.
So if you just want to turn your heads over to this TV screen over here and watch a seven minute video, it's pretty exciting.
It's a lot of fun.
We're going to play that and then I'm going to get into my presentation.
We are here in Denver, Colorado for the inaugural Undermine HeatPunks Summit.
I am Trevor Bellow, the host of the Build a Mine podcast.
We're going to be going inside and looking at some of the really cool products that are being built in the HeatPunks space.
Let's get going.
Could you just tell us from your perspective, what are we doing here?
Well, Bitcoin just allows being able to be master of your own money, control your own money, be your own bank.
5,000 years ago, we had gold.
We had something that you couldn't copy, you couldn't repeat, you knew what it was, you could tell what it was.
Bitcoin is the next step in that evolution of humanity.
If we're still early to Bitcoin, we're like, I don't know, in the stone ages of Bitcoin minor heat reuse.
Bitcoin is the first way to monetize heat without counterparty risk, which sounds like jumbled words, I guess, to some, but...
Every appliance that's generating heat within your home, within your apartment, whatever, you could be hashing with that.
And it's made me think, am I going to have like every appliance in my house hashing and paying like a quarter of my mortgage?
Mortgage?
Hold on, we got this moving just a little bit too fast.
Let's give you guys some context.
These are the heat punks, a group of dedicated Bitcoin maximalists, each building and developing their own solution to the waste heat problem that arises with mining Bitcoin.
Anywhere there is electric heat, there can be a Bitcoin miner providing that.
Here is Dane, the founder and CEO of Hashrate House.
Using his immersion tank and heat exchanger, we were able to take a dip in the cowboy hot tubs while it was below freezing outside.
You got your two miners in here, normally air cooled.
You get a directional flow of air for cooling the miners.
The cooled liquid comes from the bottom, use the convective heat of heat rising.
So it comes up through, cools, sucks the heat off the chips.
And then after that, that's cooling the oil by heating this water that's coming in through a circulation pump, going through all these plates and then coming out through this awesome manifold we had a guy build and a little cowboy hot tub thing here.
It looks like we're, yeah, just just above a hundred and it's great, kind of jacuzzi temperature.
When you get a bunch of people who are interested in heat reuse in the same room, not only can we talk about Bitcoin, but we can explain why.
And we can give this perfect use case of like, here's a machine, here's what it does and here's what it's creating.
And it's not just creating Bitcoin, it's creating heat.
And so the best place to integrate machines that just pump out 4000 watts in these little shoeboxes, it is into heating systems.
That's what they are fundamentally now.
They didn't used to be that way when they were computers.
This is Patrick Patel and his Hashtag Electric Furnace.
It operates on the very same principles as an electric furnace does today.
The temperature drops below the comfort temp that you're looking for.
The thermostat kicks on, it flips the contactors on and turns on the wax miners and the blower.
When it hits the target temperature, it shuts off.
The system can be slotted into any ductwork that you would see in a normal house or business.
You know, first step is get hardware in everyone's homes, get people familiar with it, get them exposed.
And then that's the gateway to the people adopting Bitcoin as well, which is really the ultimate goal.
I couldn't agree more.
If you want a more in-depth explanation of each of these systems and more, subscribe to our YouTube channel and our X account or click the playlist link in the description of the video.
OK, where were we?
Day one of the Undermined Heatpunk Summit was all about the potential target market of hashrate heating, live demos and plug and play solutions.
There were panels discussing the software side as well as the hardware developments that some heatpunks are building.
What's your impression of the heatpunk summit today?
I like how it's small and detailed and there's people that I recognize off the Internet and seeing the projects that they do.
It's a dream come true being face to face with people that I, you know, watch hundreds of hours of YouTube on.
Yeah, I love it, man.
It's like standing in a room with your heroes.
Absolutely.
I just described it that way today in a text message.
Absolutely.
The thing that excites me the most is just all the smart people here working together to solve the problems that we all share.
We got a bunch of doers in the house that are all teaching one another how to mine Bitcoin, but not just mine Bitcoin, but utilize the heat to justify mining Bitcoin.
I would say this is the spark.
This is the ignition point for a revolution in heat use.
Essentially, people are realizing that you don't need to do resistive heating anymore.
You don't need to burn wood.
And it's the dream of electrifying everything.
Right.
And if we're going to electrify everything, why not get paid to do it?
Someone was asking me, what's it like when you go to these little places?
I tell them it's awesome.
It's kind of like a weird corporate retreat.
Right.
Yeah.
We're all all over the U.S.
doing working on kind of similar stuff.
It's it's really like we're all on the same team.
It's not going to be like that forever.
Right.
So I just I really appreciate that, that there's kind of that camaraderie.
Right.
Everybody's so open about what they're doing and how to help.
And and they're very quick to jump and be like, yeah, you got a problem.
Yeah.
Here's how you fix it.
We had Cody from Aquano Coffee keeping the energy high.
Most of the time, the reaction to the coffee so far has been amazing.
I love caffeine and I love Bitcoin.
And just pairing those two at an event like this is so awesome.
The catering was not only edible, but delicious.
The food here has been killer.
Absolutely crushed it.
The pies were amazing.
Breakfast was amazing.
And the catering has been really good.
So, yeah, who would have thought you get a bunch of Bitcoin maxis together buying Bitcoin, selling Bitcoin, paying people in Bitcoin and talking about heat reuse?
Who'd have thought that the coffee and the food would be absolutely phenomenal, right?
But as we know, all good things must come to an end.
Can't wait for next year.
It's going to be fun to laugh about this event in 20 years, Trevor.
Denver Heat Punk Summit is over.
We're super sad to be gone, but I'm really excited about next year because from the event today, from all of the people super excited about it, I can tell that heat reuse is something that everybody wants to know about.
We learned a lot about the different ways and use cases that you can implement a Bitcoin miner to heat your home or your business.
So we're going to be leaving tomorrow.
I'm going to be sad to leave Denver.
I'm sad to leave the heat punks, but there's going to be more.
We're excited about it.
I hope you are, too.
To decentralize Bitcoin's hash rate, we need innovative solutions that can be implemented by anyone, rich or poor, whether they're a Bitcoiner or not.
Goodbye, Denver.
So long, heat punks.
We will be back next year for even more Bitcoin heating applications.
All right, is this microphone on?
It's not on.
Someone give me a microphone.
Oh, it's on.
There it is.
OK.
So I think what this video highlights is that while Bitcoin mining and Bitcoin mining heat reuse...
Check, check.
There I am.
I'm coming in and out.
While it's still a very niche industry, there's a lot of innovation coming from this industry.
And as we project that forward into the future, we're going to see a lot of really cool innovations, a lot of really cool products being built around heat reuse.
So I'm going to go through my presentation.
I'm going to make it really fast because, you know, I want to get out of here.
I want to go have some dinner, have some drinks with the team.
So let me start this slideshow.
Heat is a product, not a problem.
This is a phrase that I've taken from my buddy, Tyler Stevens, author of the Heat Punks Manifesto.
I encourage any of you to go out and read that manifesto.
It takes like two minutes.
It's a great overview of why we mine for heat.
So what is Bitcoin mining heat reuse?
Well, Bitcoin mining heat reuse is the implementation of methods to capture integrated waste heat energy exhausted from Bitcoin miners.
Every watt of electrical power used for mining can be and is converted into heat.
This is a simple law of thermodynamics.
No matter what you're doing, all of that energy is converted somewhere.
And with Bitcoin mining, it's converted into heat.
And in order for us to mine more Bitcoin effectively and efficiently, we need to figure out ways to pull that heat off of those chips.
And all we're doing as heat punks is taking that heat that we pull off those chips and putting it in a place where we can use it.
So something I'd like to show is this chart here that I, again, got from Tyler Stevens, because as you look at energy rich countries, those are countries that have a lot of prosperity, high GDPs, a lot of economic value.
There is not a single country out there low in energy that is producing high quality products, producing high GDPs, prospering as a nation.
So energy consumption is essential for human prosperity.
There is no such thing as bad energy usage.
There is wasted energy usage, but not bad energy usage.
So this is a chart that I like to show as well.
I talked about it a couple of times in today's presentations.
But if you look at global energy produced, half of that is being produced for heat.
And a quarter of that entire global heat or global energy production is used for comfort heat.
And right now in the heat punks heat industry, we're utilizing ways to integrate into comfort heat.
You know, that's things like water heaters.
That's things like HVAC.
That's things like some commercial business applications.
You know, whatever you need, heat or electric infrastructure, heat.
You can use a Bitcoin miner for that as well.
So instead of using more energy, we're actually just using the energy in a more efficient and effective way.
So why do it?
I think this is really fundamental for people to understand.
Bitcoin miners are essentially resistive heaters.
That's that's all they are at the end of the day.
No matter what you're doing, if you're trying to mine Bitcoin, you're going to be generating heat.
And there is a more effective way to create revenues from that heat generated.
So these heaters, they pay you in Bitcoin as you use them.
The more that you use them for heat, the more they pay you in Bitcoin.
And heat, as I kind of alluded to earlier, is an important component to healthy living.
We all want to shower in hot water.
We all would love to have a sauna or a pool or a hot tub.
And sometimes generating that heat for those utilities is kind of difficult or cost prohibitive.
But what happens or what would you say if I told you that we could use Bitcoin mining as a way to subsidize some of that cost when living a more quality life and utilizing some of that heat for things like a hot tub or hot water?
So these are some of the pictures, some pictures from some of the things that heat punks in the industry are making.
This first one here, this is the HeatBit, the HeatBit Trio.
This is a consumer ready product.
It kind of looks like an Apple product.
It's just a little space heater that generates a little bit of Bitcoin as you plug it into the wall and heat up the space.
It's also an air purifier.
To the right over here, this is a product that my buddy Antoine from 256 developed, and he develops a lot of these.
This is a Bitcoin miner, an S19, that is actually ducted into the central air of a building.
And then you have right here, this is kind of one of the first generations of the heat reuse industry, where they take an S9, they throw it in this 3D printed box to make it look a little prettier.
But it's still at the end of the day, fundamentally just a space heater.
But one of my favorite innovations coming out of the heat punks industry is this Hashtag Electric Furnace from Patrick Patel.
Now, what this is, is this is a design that's meant to be slotted into most, if not all, HVAC and central units.
Now, you see this one up here in the corner.
It's a bunch of metal ducting.
There's an HVAC unit, a blower motor and a heat processing unit.
Well, what this Hashtag Electric Furnace does is it replaces all of the heat components.
It's the same thing that a lot of electricians and HVAC technicians are used to.
So this can be slotted into all standard HVAC plumbing, HVAC infrastructure, and it allows you to mine Bitcoin while heating your home, your business, a commercial application.
So integration into homes and businesses.
There are many use cases for heat reuse, home heating, business heating, commercial heating.
Some of the really cool things that I'm seeing from homes.
I have a friend in the Midwest somewhere.
His name, he goes by the pseudonym of Rev Hoddle.
And what he's growing here is, you know, some marijuana plants, some hemp plants for the politically correct.
But he's using the heat from a Bitcoin miner to provide a perfect environment to grow those plants.
And you can see this in a lot of agricultural situations as well.
You know, growing tomatoes, growing other plants.
Wherever you need heat to create a prosperous environment for plants, you can use a Bitcoin miner.
And you're actually using that heat to generate some revenue on the back end, which is then creating the ability to create more revenue on the front end.
Down here, we have a lamb incubator.
It's literally a tote and an S9 and a little lamb who needed a little bit of help as it was growing.
So he actually, you know, rehabilitated this lamb and was able to sell that lamb later on in the season.
I don't know what they do with it.
They probably slaughter it later down the road.
But either way, you're able to create more revenue because you're using the heat and you're actually getting paid for that heat instead of paying for it.
So, you know, in homes, you've got HVAC, water, pools, radiant floor systems, food preservation and so much more.
In businesses, you know, the business use case for heat reuse is a lot different.
It looks economically much different than for homes because businesses can take advantage of tax implications, writing off certain things for business purposes.
But agricultural processes, ranching, preservation, curing, distilling, all of these processes require heat.
And again, if you can use the heat and profit from it, you can make more money on the back end.
And then on the commercial side of things, there is a lot of waste processing that you need heat for as well.
So over here, this is something that's cool that I just saw the other day and I wanted to put it in the slide deck.
This is actually a water heater that it looks like your standard form factor.
It's a water heater that mines Bitcoin at the end of the day.
So you can take showers in Bitcoin.
It's a real good golden shower right there.
I'll tell you what.
So at the end of the day, you know, Bitcoin mining, we're going to hunt wasted and trapped resources.
We're going to target heating systems that can use its utility, increase prosperity for all, and convert resources into heat plus stats.
So I have a call to action for anybody watching this.
We are all heat punks.
Whether you know it or not, you enjoy heat to live your life and be comfortable.
So I implore you guys to connect with us, spread the word, get out there and build, embrace your freedom and cherish energy abundance.
Join the heat punks and Loki groups on Telegram and X and really just foster this community.
Because at the end of the day, we're all building, we're all developing, and some of us don't have the same perspective as others.
So we need your help to foster this community.
So the hashrate heating movement is growing.
We heat punks are spread out all over the world, wherever energy and heat is needed.
In every corner where heat is needed, we will install Bitcoin heaters.
We do not care about the hash price.
We only mine for heat.
So a couple of resources that you can go to if you want to learn more about the heat punks.
A heat punks manifesto by Tyler Stevens that I mentioned in the beginning of this presentation.
Bitcoin mining heat reuse book, also by Tyler Stevens.
He's a great resource for us heat punks.
But there's also a new community on X that Scott Offord created through the Build a Mine podcast called Proof of Heat, where we're showing a lot of the different use cases for this.
And it's really a place, it's a free-for-all.
It's a place for anybody who's interested can come and learn and get a little bit of information to kind of jumpstart their journey.
And then if you're really interested, you really want to get into this, you want to start building your own heat reuse applications, I highly encourage you to look for the Hashrate heat punks community on Telegram.
And then finally, I'm going to do a little shameless plug.
My Build a Mine podcast, I talk about heat reuse all the time on there.
There's probably about 22 episodes as of right now.
So that's about 22 hours, a full day's worth of content to go and learn about the different applications, implementations of Bitcoin heat reuse in the industry.
So again, I'm Trevor Bellow and thank you guys for listening.