The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Home Heating Solutions & Earn Bitcoin w/ Toine from 256 Heat 📱
Episode Date: December 11, 2025FRIENDS AND ENEMIESThis week I will sit down with Toine from 256 Heat (https://256heat.com/) to discuss how to heat your home and get paid. Toine has been providing people with solutions to heat their... homes, garages and other areas using Bitcoin Miners. These innovative heaters are able to keep you warm through the cold winter months, and all the while you can receive a daily stream of sats. No crazy installations required - all you need is a free 120v outlet and WiFi.Toine can be found on X at: https://x.com/TronMonGone____Join us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: www.CanadianBitcoiners.comDiscord: https://discord.com/invite/YgPJVbGCZX A part of the CBP Media Network: www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - https://easydns.com EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. With DomainSure and EasyMail, you'll sleep soundly knowing your domain, email and information are private and protected. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - https://mission.bullbitcoin.com/cbp The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above for 25% off fees FOR LIFE, and start stacking today.256Heat - https://256heat.com/ GET PAID TO HEAT YOUR HOUSE with 256 Heat. Whether you're heating your home, garage, office or rental, use a 256Heat unit and get paid MORE BITCOIN than it costs to run the unit. Book a call with a hashrate heating consultant today.
Transcript
Discussion (0)
One of the things that can't be attacked is your self-custody Bitcoin.
And one of the things that can be attacked is the ETF.
Can't be exposed to that.
That's my view.
It's not a good idea.
And by the way, that'll hit MSTR too.
It'll probably hit other stuff as well.
Friends and enemies, welcome back, Canadian Bitcoiners podcast.
Friends and enemies, welcome to the CBP.
Want to be better informed.
Listen to Levin Joe E.
Spots is taking care off right off the top.
Oh, Bitcoin and Easy DNS, the media is feeding a slop.
It doesn't matter what topics discuss.
Quality entertainment and information you can trust
That's being planned or at least discussed, you know, we're not going to allow
The quality and information you can trust send the guys some value boost them with some stats
Bitcoin is the scarcity asset I mean it's just a fact geopolitical national down to the local cloud
Friends and enemies welcome to yet another edition of the mighty CBP I'm not sure if this is going live or not I got an error when I said it either way it's going to be recording
You're going to get it later on this is what happens when you said in the beat team
to do the job and plus I'm using a backup computer my main computer unfortunately didn't work it
with my mic and my camera so just an extreme mess in my end but hey you know what busy times
and I just don't have time to fix it either way twan coming in just a few minutes we'll be talking
about home heating and at the same time of home heating you could do some bitcoin mining check that out
that's going to be pretty damn cool but before we go any further I want to bring in or least talk
about sponsors of today's show.
We have three different sponsors, one being
256 heat. We'll talk about that in a minute.
Easy DNS. We've been a customer
of them for a long time, very long
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You should be a customer too, right?
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If you're thinking of starting up a website
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these are the guys that talk to. They've been in
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if you're looking also to set up a virtual private server if you want to screw out a few things a few
web applications they do have that option as well for you so they offer that they're not going to
rug you why if you listen to mark you'll understand what he's all about you will they're virtually
unrugable and you can pay with your bitcoin that's another cool thing they accept your bitcoin if you want to
use that as a medium of exchange they're so confident with the product that in fact if you're
not happy with what they're offering you they'll give you 100% money back guarantee nobody else
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them out if you use our promo code proop code cvp media 50% will be taken off your initial purchase
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Second sponsor is bold Bitcoin.
You're going to buy Bitcoin.
You're going to sell Bitcoin.
These are the guys you want to talk to.
I talk about them in a good light because them being non-custodial.
Now you can do limit orders.
You could do a lot of different options.
But the non-custogical part, let's look at that,
especially for new people in the space.
They're thinking, I'm going to buy Bitcoin and I'm going to let them hold.
Somebody else hold on my Bitcoin.
This is what you don't want to do.
This sets you up to eventually get rugged.
Look at stuff like Quadriga.
Einstein there's a number of different block five so many different options out there that you
could use as an example you can't get rugs like that with bold bitcoin because when you make your
purchase you can't facilitate the buy until you provide an address without providing the address
you can't make the buy now it can be a fake address if you want to burn your bitcoin you could do
that but you've got to provide an address in order for it to work you want to pay your bills
with your bitcoin both bitcoin will let you do that check them out if use our promo code
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a make a few buys and sells check them out and they're available in canada
mexico western europe a bunch of places but i think you're in canada if you are full bitcoin
you're the ones to talk to and last but not least i'm going to let twan talk about this one
and it's 256 heat.
Tuan, how are you, buddy?
Doing well, man. Nice to be with you. Thanks for having me on.
A pleasure to bring you back on once again.
I just want to say that 256 is a sponsor of the Mighty CBP,
and we're so happy with you coming on board with us,
and not just that, the people that have purchased units from you are very happy.
But maybe you could give just a brief rundown.
What is 256 heat?
Because then that way people understand why it is your sponsor and that's what they could get from you.
Just a quick overview and we can dive deep into that later on in the show.
Sure. Yeah. I'm appreciative of you guys too. The company basically was founded a couple
years ago and my goal was the, as simply put as possible, my goal is to convert your heating
bill into stacked sats. That's kind of the long and short of it. There's so many different
ways to do that and I guess we'll go into that more during our conversation. But the idea is,
acquiring Bitcoin at a budget neutral on a monthly basis, a budget neutral way.
And if you need the heat, you know, it's a waste product of these miners.
So my focus has been trying to figure out the best practices or the best methods for using the heat,
utilizing that heat to, for so many applications.
You know, heating the home is one, but there's so many others we can talk about.
and then squeezing as much Bitcoin out of an electric bill as possible.
So, you know, sub two-year ROI, these are the kinds of things that I target when I build these systems.
Each system is kind of like a bespoke hash rate heater.
And the reason is these A6, these these batteries, these circuit these miners are so configurable.
So, you know, I'd like to talk a little bit about the value of the heat audit, which is a complementary thing.
I do with every client just to understand your needs because an off-the-shelf product can work,
but it'll either be overshooting or undershooting your use case. And the heat audit is what
allows me to kind of dial in the settings on the minor or miners or the hash repeaters,
I should call them because they're actually a lot more than just Bitcoin miners the way I see
them. So the heat audit, do you do any checking to see how cold a particular area of the home is
compared to others or like what's involved in the whole heat audit process.
Yeah, so the first thing I try to do is understand the volume that you're heating,
where you live on the earth, ceiling heights, because you're heating a volume, not a square
footage, so ceiling heights are extremely important, and then getting into like age of the
windows, insulated or uninsulated, are there large bay doors that are constantly opening
and closing, letting the heat out? All these things make a difference on how you set up the miner.
So I always ask these questions so that I can send off a quote that most accurately kind of realizes the value of these systems.
So you can squeeze as much out of these things as possible and prioritize comfort as well as efficiency in SACC and Sats.
And in terms of the units, what's the least costly unit you offer?
Is it, do you have anything that's less efficient than an S-19 or one of the variants of that?
No, the, the S-19 J-Pro is basically the the least efficient, but funny thing about that is with aftermarket fans and after-market firmware and tuning and after-market power supplies, I mean, I change a whole bunch of these aspects of these minors.
I'm actually able to get like sub-24 watts per tera hash.
So you're talking about like S19K Pro territory, and those machines are still probably over $2,000 new.
I think you can get them used for around $15,600, but there's incredible value there because they're not just Bitcoin miners.
These things are hash rate heaters, thermostat controlled, extremely quiet.
I've had a recent innovation with that 120-volt hash rate heater I'm referring to,
where I've changed the enclosure for them.
and it's made it even quieter, so sub-50 decibels.
So you're talking about as loud as a dishwasher.
And easy to install, wall mountable,
which is something I've always had a problem with.
So these units are supposed to replace electric heaters, space heaters.
So I always thought space heaters had a critical design flaw
in that they're freestanding units.
And you never want to have a cable on a high wattage unit
traversing a floor that could be you know it just seemed like a bad idea so um yeah the going forward
or actually for a while now i've had all my units wall mountable and uh this latest unit that's
enclosed in like um basically a very slim cabinet is nice because uh it's it's very shippable now
that was one of the issues i was having relying on a lot of 3d printed parts turns out not to be
the best idea so um yeah it's great if
if you don't have to ship it like across a border or across the country but there are some
challenges with that so i've had to innovate a way around it but just to answer your question
kind of more succinctly you have a 120 volt unit is like a 1350 1400 watt unit produces about
55 tarahash at about 23 and a half jules per tarahash or 23 and a half watts per tarahash so
even right now with the price where it is you're about $100 a month in revenue and it costs about
that maybe 110 a month to run it and that's based on an 11.5 cent per kilowatt hour price in
Ontario that's I just got my bill for November I think I was 11.8 cents per kilowatt hours so
all over Canada though except for a few provinces but the main like the larger provinces
Alberta Saskatchewan Manitoba Ontario and especially Quebec it's really a no-brainer
because these things are either giving you free heat or they're paying you to to run them in the worst
case you're you're getting 90% of your heating expenses subsidized in bitcoin so yeah i think it makes
a lot of sense and for people that have the tiered pricing for electricity we have that here in
ontario i'm not sure about other parts of the country but at least as focus on ontario are you able
then to throttle up and throttle down these units so that you're taking advantage of when energy
is cheapest so you're maximizing how much energy how much watts are being consumed by the unit and
you're lowering the amount of watts that's been consumed when energy is more efficient.
Sorry, it more costly.
Like, do you have that, do the people have that flexibility to do that?
So on the 240 volt systems, yes.
What I did with the space heater is I tried to make it as efficient as possible.
So I tuned to maximum efficiency, maximum wattage, maximum hash rate and lowest sound.
So there's kind of like a, if you look at all these things as curves, there's kind of a crossover around 1,400 watts.
Now, the 240 volt systems that are best.
you know, exhausted into the air return of the furnace, those ones are highly configurable
in terms of you can specify all kinds of different parameters to make sure you're utilizing
the best hash rate or wattage at the best time. But just to get back to your, you said
tiered, tiered is kind of like the fixed cost. So you're basically just paying one cost. There's no
time. There's no different pricing for different times a day. Then you have time of use,
which you have three different costs.
And then you have the one that I recommend is ultra low overnight.
This is the one I recommend if you have a natural gas or some sort of,
like most furnaces by code now are natural gas.
So the idea is you just curtail Monday to Friday, 4 p.m. and 9 p.m.
And by doing that, I think right now it's like 27% more profitable.
So what happens is your Bitcoin miner becomes your primary heater,
your furnace becomes your secondary heater.
And the nice thing about that is, well, A, you can rely on it when electricity is expensive.
But B, if your internet goes out or if there's a problem with the miner, you don't freeze.
So I've been setting up a few of those systems lately in Ontario, and they work so well, especially with that.
They just raised it from 2.8 cents, I think, to 3.1 cent per kilowatt hour from 11 p.m. until 7 a.m.
But I turn my units on at 9 because it's still profitable at 9 p.m.
I think it's more like, I forget the exact number, 11 or 12 cents a kilowatt hour.
But, yeah, the ultra, it's so cheap.
It's almost like as close to being free as possible.
Yeah, we're like Paraguay pricing.
Yeah.
But just for a few, what is it, for six hours, five hours in total?
Hold on.
So 11 till 7, so that's eight hours.
That's, yeah.
And I think the idea for that you're trying to encourage people that,
have like electric cars and shit like that's what it is yeah and also all so on the weekends the
highest rate on that that pricing model is like 8.6 cents per kilowatt hour and then again from
11 to 7 even on the weekend you have that ultra low I think it's 3.1 cents they just raised it
last month so but I did a comparison after the raise my my electric rate rate went from 11.25 cents
kilowatt hour to 11.8.
So they said that you would be compensated on the rebate side of the bill, and it looks
like it's true.
There's a very little difference.
So I had a big sigh of relief when I saw that bill come in today because it was not
very different from where it was a year ago or even last month.
So still a valid use case here.
I want to talk about this recent revelation or just change you have with the exposures.
You've changed them to make them even more.
quiet and now 50 decibels before what were these what was the sound like how loud were
units before you made this change so there were 51 there were 51 decibels but here's the thing
it's it's like the richter scale it's exponential yeah so the difference between 47 or 49 and
51 it's pretty noticeable um so it doesn't seem like a huge jump but you know it's the difference
between having it in the living room and having it kind of in the basement or in the garage now it's
far more acceptable. Like, I can have it
beside my TV and it doesn't affect my viewing
experience or my listening experience.
I can even share.
I have some images I just snapped of the
first prototype and then
one's shipping out tomorrow to a CPP
viewer in Saskatchewan. So
thank you. I'm not going to say your name, but thank you
for buying the first one off.
Thank you, Saskatchewan person.
Yes, thank you. Thank you, Saskatchewan person.
Yeah, you mind if I share?
Yeah, go right ahead.
Yeah, it shouldn't take too long
Just a question are you doing the design and you're looking at the sound waves? Are you going to the point? Like you know like I understand how they do it when they tune
The sounds for cars and mufflers they try to figure out that this frequency and are you doing all that shit with you? Are you going to that?
I have a decimometer
I have other instruments that
kind of evaluate the sound whether it's the intensity or the quality or the frequency so
So I've definitely bought some instruments on that to understand better.
Sometimes the human ear can be fooled.
And what's really the findings that were really interesting for me were floor covering and size of room.
So the difference made a carpeted room and like a tiled room, it's huge.
It's like two decibels for the same system.
The difference between a large room and a small room, it's about two decibels as well.
So if you have it in like a 300 square foot garage, it's going to be a little louder than if you have it in like
a carpeted 600 square foot living area like kitchen living dining kind of thing so um that's been
an interesting kind of discovery uh through testing um are you able to see the screen or is that is it
showing yet i'll bring it up okay um so so here kind of excuse the mess this is kind of like my
staging area but this is the the concept and the idea is this this cover plate just goes on
I figured out a way to have like a quarter inch bolts coming through the back on this one.
This is kind of like the finish one.
This is the first prototype.
What's nice about it is how it goes on.
It's basically just French.
This is a French cleat and it has pre-drilled hold 16 inches center to center.
So essentially you just mount that French cleat on the where you're lowest, where you want the bottom of it to terminate.
And then you just put the thing on and shoot two screws into the studs that's already pre-drilled.
It's already lined up.
these fins are longer than the backing so it'll just lock in it locates it left to right
and yeah I love these things that the full dimensions are so it's it's 30 inches tall by
that looks so fucking good then well here's the new one beside the old one right so this one
was definitely not wife approved and this is something I was working on the wife
approval factor this is paintable ply so you can actually have it back
your walls. I can swap the quarter inch front cover for white, black, gloss mirror, whiteboard,
chalkboard, whatever you want. So it adds a little extra functionality. It's just a cabinet
on the wall, so it's very nondescript. This kind of looks like a Russian nuclear experiment.
That's how I've described it in the past. But yeah, it's been a huge innovation and figuring
out the wall mounting and figuring out the whole French cleat system and even eliminating some
3D printed components is nice because it's uh this box is almost indestructible and uh that
allows me to ship it that as you kind of recall that was one of the issues i was having with shipping
i had to disassemble them and send it in two different boxes and it's kind of a pain and i wanted
to make it easier for the end user so this is something i've kind of been relentlessly attacking
for the last two weeks to figure out um i guess just in time for christmas but uh yeah this is this is the
first one that's shipping out. It has these, I don't know if you've ever used a DSLR, but it's got
these really nice kind of tactile machine black aluminum, what would you call them, like
screw caps? So you can just take them off by hand, remove the cover, and then just put it back
on, screw it back on. So it's really, really quick and easy. It's, you know, it's a little,
I might be able to get it even smaller in the future, but like I actually don't mind the size
at all. If it's in one box, like I said, virtually indestructible, I have a three inch pad
all the way around the box similar to how the bitcoin miners ship you know their stock so um
that's something i kind of wanted to share with you so torp is asking i need this but it's got to be
easy for me sub a that's another thing i was working on so uh i set up the payout stuff in-house
um what that means is and this is someone i actually have to talk to her uh i think it's a
a pair of people who own the company i set up um each hash rate heater on a coin os and their own
individual coinos account coinos.io i love them i they're one of the few um they're one of the
few wallet providers that support lightning bolt 12 which is great because um my preferred pool uh
for the last two years has been ocean mining they pay they pay way more and they're the only
one that's like fully auditable in terms of like every block you can see how much you how many
shares you've contributed what the value the block was worth and then you can just make sure that
that everything's on the up and up with regards to the hash rate or the reward splitting.
So they have a relatively high payout threshold for on-chain.
It's like a million sats, I think.
So with one single hash rate heater, you're going to be waiting a while,
but they have that bull 12 lighting payout option,
which allows me to set up a coin-os account for every single user.
And then when the user receives their hash rate heater,
they just have to pair the range extender, which is what gets the internet to the
miner and change the Coinos password and recovery email.
And there you go.
They get paid multiple times a day because right now I think Ocean's finding on average
about two blocks a day at 100% luck.
So it's really nice.
And then there's an auto withdrawal feature on Coinos.
So it basically is just like a stopgap to get your Bitcoin mining rewards.
And like I've sent mine to 50,000 SAT.
So every 50,000 sats I mine, it sends it to my Aqua Wallet using a liquid address,
which is reusable, but you can even have it send to your cold storage if you want it.
The idea here, and this is something I should go further into, the idea here is you have three
conceptual buckets. You have a bucket of Bitcoin, which is your coin-os, which is like your pocket
change. And then, so if you want to buy a coffee, you always have some in there. And then if you
want to buy like a couch or something, you can use your Aqua wallet, which, you know,
I call it, consider that like your billfold. And then you have your cold storage, which obviously
you're not going to use unless you want to buy a house or a car or something.
So it's nice because you don't have to expose yourself.
If you want to do a small purchase,
you don't have to expose yourself with a wallet that has a large balance.
It's kind of like a right size for any purchase.
And that's kind of where this is going.
I see Bitcoin as money.
I see these hash rate heaters as like a step towards creating circular economies.
So I love to talk like, I don't know if you're familiar with Nunchuk wallet.
Yeah.
So they have a peer-to-peer encrypted chat.
on that app on that application so if coin offs had something like that what I can do is I can
join up all of my hash rate heaters I have like engineers doctors surgeons I have plumbers
electricians stain glass artists farmers so the idea is if I can get all these people in a room
it could still be anonymous because they could use their screen names well then they can
exchange goods and services with each other outside of the system, outside of the Canadian
inflation and taxation system. And what's cool about it is almost every single referral from
CBP has been like the coolest person. Like I really get along with your viewership. I think
there's a lot of commonalities there. So linking these people together on like a monetary network
where they can exchange value using lightning, the most private way to exchange Bitcoin.
I feel like that's an eventuality.
I'd love to talk to, what's his name?
There's two owners that you had them on the pot, right?
Joey did some time ago, yes.
Sorry if I'm not well researched on who owns it.
I love to forget his name.
And the fact that you're talking about that encrypted chat feature
that you'd like to have it implemented,
maybe Joey could talk to the people over there
and get them to have it done.
I love that.
Like every single one.
a non-shock, why not coin us, right?
Yeah, like, my systems all come with that set up by default.
So if there's a monetary and social network layer on top of it,
and these people are all earning disposable income passively with their heaters,
then you can create these, like, robust communities of like-minded people
using the best money in the world privately anonymously.
That's, like, kind of the end goal.
I think about a year ago I talked about it with indigenous communities,
but I see even more like having that commonality and worldview and understanding of Bitcoin,
I think that is the right way to do it.
That way you're kind of, it's like it's a it's a pull rather than a push, right?
You're not forcing this on the people.
They're volunteering to engage in commerce with people across the internet or even locally.
I've had a lot more local work lately, including some bigger jobs, like in Ottawa and all over southern Ontario.
So the idea is if these people are all changing or they're all exchanging their electric bills for Bitcoin,
then there's, yeah, there's there's the opportunity to create those circular economies and benefit.
Even if Bitcoin goes nowhere, you know, you're looking at a huge benefit just on the sales tax
and the taxation side so and and again using like coinos has they support every kind of
bitcoin e-cash or sorry cashew um uh bolt 12 bolt 11 Segwit taproot uh there's probably liquid you know
anyway and it's all done like in the back end so um yeah i've been a huge fan of that and
that's another kind of recent edition where i set it all up in house
on day one they plug in it and even like when i'm testing the miners in house it's all going to
that address so they'll start to see stats rolling in before they actually have the physical
product which is something that's kind of cool now just to go back somebody wants to get in
contact with you and they want to order a piece like what's the process like how do they start
this whole thing because you know people want to get these units but they're just wondering
what's to wait in order to start getting them or does even work for them
Like what is the whole process for some really good question I've had so many viewers
CBP viewers asked like I went on your website but I don't see the thing there to
purchase and it's because that heat that hash rate heat audit is so important to the
process because you can configure these minors in so many different ways so
understanding your needs and then right sizing the solution for it I think is
invaluable and to answer your question again more directly my website has a
contact best page and that's the best way to do it
I'll set up like a half an hour, quick little call where I can, or even we could, I've even done it with people who have hearing impairments.
I've set up just emailing back and forth to understand their requirements.
But that's the best way to do it.
And that's how I can understand your needs and then design a system.
Like there's exhaust attachments you can use.
So let's say you have a square space.
You might not need an external adjustable elbow exhaust.
But if you have like a long, narrow hallway with the plug at the end of the hallway,
then you're going to want to be able to throw that heat as far from the minor as possible
so you're covering as much square footage with the heating.
So again, and then the other thing is use cases.
Like, holy moly, you guys are amazing with the use cases.
I get so many cool requests like, so landlords, you know, they have a rental,
they own a rental income property where the upstairs neighbors are too hot,
the downstairs the tenants are too cold and then you know the owner brings me in i create
hatchery heating systems per floor they so the owner collects the bitcoin the tenants
they're happy you know paying their heating bill and then there's the other side of that
where i just today i talked to someone who has their heating bill or their electric bill included
in their rent because it's like a it's like a single family home subdivide into three different
rental units so they only have one bill
one meter so again you know he can print money on his on his uh his landlord and it's not like
he's doing it in a what would you call it mischievous or devious way you know in many cases
electric heats already the standard so it's not like the the owner's cost will be any different
so there's all these interesting use cases that are cropping up from you guys like calling me in
or or or messaging me or or emailing me about hey i this is my circumstances or something
that works for me and there's yeah i really enjoy that's like one of the best
best parts of this job like discovering use cases like greenhouses and uh firewood
drum like there's just so many and i'm finding new ones every day so um yeah keep keep talking to me
about this stuff because then i get ideas about ways to optimize the machines for that use
case and now you have again like a bespoke one-off product that best suits your needs by
converting that electric built into stack sats so who is the most um
the user that's probably going to benefit this the most it's just somebody with a cold spot in their home or if they have a garage they want to heat or something like that is this really the ideal person to get one of these units well the most beneficial i think is like the landlord uh who has you know a duplex and they need to heat the whole thing there's you know so there's there's almost always a locked utility room uh where you can house the miners and and then you utilize
the existing infrastructure to disperse the heat.
These things are quieter than the actual furnace fan.
Like when the furnace is duty cycling, it's actually quieter than that.
So, you know, you would never know that your home is heated by Bitcoin miners.
And I think that's an important aspect of this to mention.
So you said you were dealing with somebody in Saskatchewan, that's a Saskatchewan person.
By the way, there's no, there's going to be no Saskatchewan versus,
Manitoba in the near future so don't worry about that for but in terms of like shipping them
out you said you had some issues previously with shipping yes but now the way you've designed this
unit it may have overcome those so are you able now to start shipping units outside of
ontario or outside southern ontario where you are located presently i absolutely am yet
tomorrow one's going out to scatchewan like i said um i'm still having some issues at the border that
having a robust shipping structure or whatever it doesn't really solve like i had a parcel
it was one of these hatch rate heaters it was held up for like a month and a half at the border
for fda review and i'm like what does the food and drug administration have to do with this so
and then tariffs sometimes they're 100 percent sometimes they're 30 percent like i just talked to
a client today who got a cold card and i didn't realize they were made in canada because he said he got a
what was it an $80 tariff bill on a $250 cold card so yeah there's that that's one of the main
reasons and also it's one of the main reasons i've been focusing on Canada but the other thing is
like i can do more benefit here there's more benefit to the end user here we have cheaper
electric prices we have colder temperatures you're talking about more uptime faster r.
uh less impact on the monthly budget with regards to the lower electric prices versus the
the US. I think only like Wyoming and Iowa are cheaper than us. I don't think anyone comes close
to Quebec with regards to electric price. You'd have to go to South America or Bhutan or something
for better electric prices. I don't really feel like going to either of those places. So yeah,
and they don't need the heat in those places either. So and then the other, so the other use
case that I want to mention is even if you have expensive electricity, if you don't have a cheap
alternative fuel source like so if you're in the mountains and you're on propane usually the
mountains won't have like a natural gas infrastructure so if you're on like propane or diesel you're
still spending like 500 dollars a month to heat like a single family home so at that point who cares
what your electric rate is at least you're getting something back yeah um so and then again
long-term capital appreciation really makes it worthwhile this is something i should mention so when
i started mining in like 2021 2020 those were terrible years for bitcoin like the price was
I don't know, it's hovering between like 15,000 U.S. to 25,000 US, but the mining was around
the same margin. Like it was around 10 to 20% profitability margin, or profit margin. So,
but what that, what that means is if you're not forced to sell because you're not mining
economically, you're mining for heat, well, then you can take advantage of the capital
appreciation. So all that, all that Bitcoin that was mined in 2021, 22, it's up 5x. So just personally,
my mining property up north my bill's always around a thousand dollars a month and my income's
always around 1200 with you know with like a k-pro or something um that level of efficiency but that
bitcoin has like five x since i earned it so it's like i made five grand a month on like uh you know a
thousand dollar bill so that's what i see the value in these hash rate heaters unlocking the
ability to stack sets without going outside of your budget so your cost basis is basically
irrelevant that allows you to kind of sit on it long term and then take advantage of the capital
appreciation that the number go up technology kind of aspect of it so these units you plug it into
a 120 volt outlet they are Wi-Fi so you don't have to run any RJ 45s or ethernet cables
yeah in terms of then a user for having it set up you basically handhold that person from beginning
to end and once you leave the unit is set up
and it's running is that correct yeah yeah so these these are less than an hour install
quite a bit less now that the new system so half an hour ish to install i can do it with a
telephone video call or i can if you're local to the gta i can do it in person and um once
are set up on day one you just set your in temperature and you're out temperature so let's say you
like 22 see you turn it on at 21 turn it off in 23 and set up and then the lightning like i said the
lightning payouts are all set up before the unit even arrives.
So all you have to do is, it's like a TP link range extender.
It's got to set up the range extender, set up the, you know, your desired on and off
temperature, and that's it.
And there's no maintenance involved with these things.
I mean, I did a test where I didn't clean one of these out for a long time, and there
was almost no difference when I took the thing apart.
Now, people who are mining outside, that's very different.
But if you're mining inside, typically the air is already filtered.
Now, with the 240-volt systems, they all have filters additionally to them.
But the 120-volt systems are like as plug-and-play as it gets,
especially because the payouts already set up.
And again, if you have knowledge of mining and you know how to do things,
you just create a new pool and you work off of that.
But if you don't, it's already set up for you.
And it's a nice kind of segue.
I think there's value in the educational component too,
because it allows you to make you know earn sats while trying to understand oh okay so a stratum
address is how you pick your pool and then you have a user which is specified by a bitcoin an on-chain
bitcoin address okay oh and then i see here there's a bolt 12 offer that sends every time a block is
hit by the pool i'm contributing my hash to it sends bitcoin to this wallet and then this wallet
once it's you know you specify your threshold okay every 50 000 sats it'll go to my aqua wallet or my cold
storage so so once you conceptual or once you can understand that it's it's so easy and yeah
it's hands-free like my my units just go on when it's cold here and go off when it's expensive
and and they curtail when it's when it's expensive power um sorry go on when it's cold go off
when it's hot curtail when it's expensive power and uh yeah and they just dovetail right
into the the homes infrastructure 240 volt but yeah the space heater is the one i'm really
focus on because having less barriers to mining like dipping a toe if you're not if you're
new to mining dipping a toe into it that's the best way to do with one of these plug-in-play
systems it's also the most affordable so what's cool and gratifying is I have a lot of clients
from last year coming back and getting larger systems or the same system for a different house
or for a different use case they want to move the one they installed last year into the
greenhouse and get a larger system for the house whatever it is it's it's really gratifying
to see you know people come back especially you know last year i was installing units at like what 50
60 000 and we were we just hit 120 000 in october so um that really speeds up the r oi as well
and when i do the r oi calculation i never i never include capital appreciation like the
kegar so um typically these systems over deliver compared to the projections and again i don't
pretend to know what the price of bitcoin is in the future but you know i i assume up but i don't
to do that speculation so in terms of my unit i think i have an s19 to vanilla version it's not a jr
k or it's just vanilla and mine just sits in my garage to be perfectly honest one i don't even know
it's there i don't see it for days sometimes even longer today i went in the garage just to clear
some snow i got my shovel to clear it i don't even look at the machine i've totally forgot it was
there but it just works it just works all by itself there's no maintenance there's no it just
does its thing so the durability of it is fantastic but if people do run into a snag
do they is there any support you provide like what level of support and what what is it that
you provide them so to ensure that if they do have a problem that they're going to continually
hash away and get bitcoin and heat their rooms yeah good question it's different for different
products the hash rate the 120 volt plug-in hash rate heater is more of a product whereas
the whole home heaters are more of a service so with regards to the
hash reheaters. Any issues, typically if it's like a control board or something,
I'll just send you it. If it's a hashboard, I know, I have extras. I can just send it.
But on the 240 volt systems, those ones, I take 4% of the hash so that essentially that
heating system becomes like a joint, slight joint venture. So we're both incentivized to make
sure there's high uptime. Any components that fail in the first year, I cover it. And even
after the first year, less than 24 hour response time, usually.
it's not problems that I have.
I have, like, users around April or May contact and be like, hey, it's getting warm,
but I want to keep this thing going.
Can I move it to, like, the garage or, you know, can I put it in a shed to dry firewood?
Or can I, like, what else can I do with it?
Because they kind of get hooked on, like, those stats streaming in.
And then they see the uptime start to go down starting in, like, April, May.
And they go, oh, no, I don't need the heat anymore.
What else can I use it for?
So I've designed systems or I've helped users walk through, like, re-diverting,
using ducting, re-diverting that exhaust into something useful in the summer or, you know,
even just like dehydration, like drying things out. It's good for dry because it's low-grade heat.
So you can specify what temperature you run the chips at using the fan. So if you just need some like
30 degrees Celsius, low-grade heat to dry something out, that's another way you can set up
the miner to optimize for humidity. You can optimize for anything. You can optimize for temperature,
humidity, efficiency, noise, maximum income.
Yeah, they're so configurable.
And that's, again, goes back to the value of the heat audit.
What's the most off-the-wall idea somebody's asked you to do with one of these?
Oh, I've had some crazy ones.
Well, like I've had ones that I really wanted to get involved with, but it just didn't make sense.
But maybe there's a way in the future.
Like, Sona is one that I keep on getting questions.
about i was going to ask you that too yes yeah so the issue and this is something i discovered like
in my first prototype my first prototype uh system was a dual duct route system where you basically had
like a wide pipe on the exhaust and then you had um adjustable or mechanical dampers that would
open and close depending on okay so one goes outside of the house one goes in the house if it's too
cold the outside house damper closes the inside of the house damper opens but the
The issue with that is back pressure.
And that's the same issue with the sauna concept.
If you have a closed system, like air is being drawn from inside of the house, being pushed
through the minor and then also being deposited inside of the house, that's fine.
There's no back pressure.
But as soon as you tried to pull air from inside of the house and shoot it outside of the house,
I needed to add an additional fan.
It ran less efficiently.
It was, I had to increase the fan speed so it was noisier.
So I had to kind of, I had to do so many redesigns because I'm with these experiments.
I find better ways to do things.
And I'm always kind of obsessed with, you know,
finding the best practices for these hash rate heaters.
And then again, like every unit has different,
like the difference between an S-19, S-19, J-Pro, S-19-K-Pro, S-19-X-P,
they're all very different.
They have different numbers of chips.
Some require more air, some require less.
Some are better suited for hatchery heating.
Others are more like better suited for economic mining.
So it really kind of depends on the needs.
But like that sauna one is a very important.
request I keep getting and I'm just like, I just don't, you'd have to go to immersion or something at that point because back pressure is a killer and having a system that's not in like a closed loop or like not, you know, if you're taking air from one, what would you call it, enclosure and you're kind of pushing it outside or into a different enclosure, you're always going to have that issue. So and I only deal with forest air applications just because there's, well,
they are far less expensive for than a immersion mining system like if unless you're trying to spend 10,000 dollars or more, you know, then you don't want air.
But if you if you have 20 grand to spend, then yeah, immersion systems are great, but they require a shit ton of infrastructure.
And if you have that huge infrastructure spend, then you have to justify high up time, which means you need to go with the newest miners.
So that kind of necessitates high up time.
which means that oh my rumba's talking about um so so that's like that's kind of where
my head's at like forest air uh trying to utilize as much of the existing infrastructure with
regards to the hvac system and as possible with the 240 volt units and then the lowest barrier to
entry is these 120 volt units which basically work the same way and you can duct these units into
HVAC. You can, it's all six inch standard ducting size. So there's flanges you can get to
put them into the HVAC system. And then there's like those adjustable elbows. So if you need
to throw the heat into a different direction or have directional heat, you can do that
quite easily. How about the cost for some of these units? Because people are probably asking,
watching a listing this, how much do they cost? Maybe if you have a general idea, I know it's a
very like wide open question. Yeah, no, I've got it down. I've got it down now. So the
The plywood unit that I just showed you, that one is 2,500 plus shipping.
And the 240-volt systems, I had a wide range of models I would offer because you can build on any S-19.
But I've kind of, since the prices dropped, I've kind of made my lowest tier, the S-19K Pro, which is, it's interesting.
At the highest wattage, I think you're paying, your bill is 90.
percent paid, but the lowest wattage, which runs more efficiently, you're actually getting paid
like a 15 percent margin to heat your home. And the idea here is you're going to be running
two-thirds of your duty cycle at that down-clock speed. So essentially, you're getting paid
to heat your house if the thing's right-sized. And that's become a really critical aspect,
making sure that the volume calculation and the heat need is correct. I did have one mess up
recently where I undercalculated and it wasn't heating the space. Now, I don't see that as
being too much of an issue because you're still offsetting a percentage of your heat bill
and you're still and you're still earning Bitcoin for your for your heat. But this house was
all electric heat. So I should have overshot it because they didn't have any cheap
alternatives like natural gas. So again, like all of these things factor into the design.
for the decisions i make for the design and like you said there's no buttons on these things if you
have power and internet they just run and they just keep going and they're you know i have safety
redundancies on top of it which i think we mentioned last or i mentioned last time i was on the pod but
runs for them again because for people that are unaware what they are yeah so um the 120 volt systems
have a really slick uh kind of redundancy safety redundancy feature where uh you can cap the wadage so you can
have so so these machines run at a maximum of 1400 watts if it ever hits 1500 watts it'll
turn off and the idea here is if your fan dies the first thing you notice is your wattage
starts to climb with your chip temperatures so what so there's already in the firmware um
safety mechanisms for you specify a dangerous chip temperature which i i put much lower than the
default so if the chips ever heat up too much they'll just turn themselves off but the other
thing is if the fan dies and the chips are heating up, there'll be an increased wattage
pull because the machines are going to run the chips or the hashboards are going to run less
efficiently and that will trigger the outlet to shut the machine off.
So there's all these things that I do to make sure that I can sleep at night so I'm not
worried about my clients.
And again, they're just computers.
Like there's no like additional insurance aspects to it or anything.
But you know, you've heard of crazy things where like, you know, you've heard of stories.
And this was more with the S-9, the S-19s are really safe, but I like to have those safety
redundancies on top of it.
Same thing with the 240-volt systems.
I use a little temperature sensor puck on the chassis.
So if anything starts to heat up on the minor more than it should, it'll automatically turn
off and it actually sends you a notification and tells you over-temper-reach, you know,
email me and figure it out.
But yeah, I haven't, that said, I haven't had any fan failures.
I've had two hashboard failures and one control board failure, but the hashboard failures
were on a client-supplied unit.
I didn't do the unit in-house.
So yeah, no, I always test everything before I send it out for at least two weeks.
And this is kind of what's like I was pretty backlogged about a couple of weeks ago.
I was like three or four weeks lead time for almost anything.
it was just because the more time i spent setting it up right here the the less time you have to
spend and the less issues you'll have um but yeah no i i stand behind these systems and and you know
i've had a bunch of really good feedback uh from clients recently so it's been yeah it's been
nice to see how busy are you these days really busy i'm still a couple weeks out um now luckily
the 120 volt systems are they're like more scalable um because
because they are so plug and play,
but the 240 volt units require more consulting
with regards to just making sure,
if you're heating a small space, that's one thing,
but if you're heating your whole home,
it's really important you have the calculations correct,
you have everything set up, they're so configurable.
There's like, you can run one minor from 5,500 watts
all the way down to 1,000 watts.
So over 4,000 watts of range.
So that's a lot of, that's a big range in BTU output.
So making that the right size,
making sure it's close enough to the furnace,
so you're not introducing too much back pressure,
making sure the electrical infrastructure is all up to par.
These 240 volt systems typically require
an outlet to be installed near the furnace.
So there's an electrician that has to come in.
Now that said, even at my own house here,
I just tee off of the oven, but it's not recommended.
It's just something I'm doing here to make things easy.
And, but yeah, I definitely include a little note for any install that requires 240 volts to consult an electrician.
I list the exact type of outlet that it's needed, and then the miner exists on its own circuits.
That's the safest way to do it.
What's on the horizon for you?
On the horizon, so growing.
I've been a one-man show for the last two years, and this year, largely because of the CBP, you guys' sponsorship,
I've become so busy that I've actually had to hire.
So I do have a partner.
Yeah, yeah, I do have a part.
We're spending the economy, right?
Yeah, man, that's great.
We're bringing the unemployment rate.
You're welcome Canada.
Sorry, that means correct.
That's right.
So I'm looking for installers and even a fabricator
for the wood fabrication part, just to take some of that off my hands,
because I need to focus on growing the business.
And really my strength is R&D.
I'm like a spreadsheet junkie and I love to test different.
There's so many different ways to set up these things.
So, you know, when I find an interesting use case,
I try a whole bunch of different configurations with regards to the fan,
whether it's push or pull or different wattage setups,
different fans, different fan speeds, modulating the fan speed.
Like there's an infinite number of ways to set it up.
So I'm kind of obsessed with trying to figure out what the best practices are
for the specific application.
Did I miss anything?
Is there something you want to bring up before we saw that?
I have some notes here.
I want to make sure that you cover everything here.
Yeah.
I do have one question.
The people that you're looking to hire,
just because in case there's anybody out there
that may be interested,
what type of skill sets are you looking for?
You said a fabricator and an installer.
So it looks like two different types of people
you're looking for there.
That's right.
yeah so it would be like a cabinet maker's skill set for the for the wood fabrication and then um
an installer would you know the so the partner i have in the u.s um shadow clark um he actually
started working with me because he was a client last year love the system we had a call schedule
to do the install and when i when i picked up the phone to call him he's like yeah i pretty much
have it almost already set up which was really cool for me because you know um it was
intuitive enough for him to do it without any instruction but um that's that's what i'm
like auto didactic people who are bitcoinsers and hash rate heaters already and have um you know
they want to they want to offload their fiat uh job and unload some some bitcoin work and uh you know
that's that's kind of the skill set i'm looking for uh local to the gta i
i've had a lot of uh work in the gta so mobile local um yeah it's it's something that uh
i'm just starting to talk to people about now to see what the best fit is but uh i need to i
can't be driving around everywhere in the winter doing these installs and and shipping is fine but
you know your 70 year old grandma is not going to set this up with a phone call so um
She's buying mutual funds from my buddy.
She's fed already, don't worry.
No, I, that's, that's, it's funny.
Yeah, so it's, that's what I'm looking at.
I'm looking at the best fit for, for those things.
And just to help me kind of, like, I can't grow if I'm doing everything.
So I'm at a point now where I'm ready to grow and I'm ready to offload some of that responsibility onto capable people.
so if you want we could hook you up to somebody to bring somebody from India
we could get you some cheap labor like that because a lot of people have been doing you
might as well do the same thing that's right the same ordinance model it works right
let's copy copy pasta that and make it work for you too yeah their quality's gone way up so uh
yeah did i miss anything that you want to any other topic you want to talk about
i really think we covered all that and then some um i really appreciate your your thoughtful questions
and your support it's been an awesome partnership oh no we're happy man like like you said
you know privately like you good guy and uh yeah i passed by your place not too long ago it was
nice to meet you in person yeah yeah it's a good product what you offer and we don't tend
to partner up with many companies out there we're very selective so we like what you offer
and you like our service it's a it's a match made in heaven we're blowing each other right now which is
good any final words before i sign off this uh this podcast and uh no gratitude for you guys
and your viewers it's it's really i've really enjoyed meeting um a lot of your viewers for
these local installs um it's amazing to see like-minded people sometimes you feel like you're in a bit
of a bubble uh if you're a bitcoiner um and uh building on that community aspect getting getting
all these people who are hatch rate heating uh together in some sort of forum where they can exchange
words and goods and services, I think, is going to be the next thing I look at.
Maybe that comes in the summer, maybe it's earlier.
But, yeah, no, that's kind of the future for me.
If people need to reach you, how can they do that?
256heat.com.
And I think the contact page is 256heat.com slash contact.
Best way to just send me a message, tell me a little bit about your situation, set up a call.
And, you know, that's a great way for me to assess how viable Hachshred heat.
is for you.
Ladies and gentlemen, I hope you enjoyed this episode with Tuan.
Tuan, I want to thank you for taking the time to come out and discuss home heating solutions
and earning some sats at the same time.
So I appreciate you doing this.
And that's it, Tuan.
Final words?
That's it.
Thanks to you and Len and Joey for everything.
And yeah, I hope to be on again soon.
Anytime you want, brother.
With that, take care.
We'll be back on this on Monday.
See it.
Thank you.
