Subscribe The First Heater That Mines Bitcoin Skip to main content

Featured

How the Saint Lucia Citizenship By Investment Program Can Benefit Crypto Investors Seeking a Tax Haven

  Photo by yousef alfuhigi on Unsplash Cryptocurrency investors are always on the lookout for tax-efficient solutions to minimize their tax liabilities. One option that is gaining popularity among investors is the Saint Lucia Citizenship By Investment Program. In this article, we'll explore how this program can benefit cryptocurrency investors looking for a tax haven country. Saint Lucia is a sovereign island country located in the Caribbean Sea. Its Citizenship By Investment Program (CIP) was established in 2015, allowing investors to obtain a second passport by making a qualifying investment in the country. Saint Lucia's CIP has become a popular choice for high-net-worth individuals and entrepreneurs seeking a safe haven to protect their assets and minimize their tax liabilities. Saint Lucia's second passport permits travel to 145+ global countries visa-free, including the United Kingdom, Singapore, Hong Kong, as well as the European Union countries. The Saint Lucia pass

The First Heater That Mines Bitcoin

Bitcoin and other cryptocurrency mining companies are encountering a number of difficulties while attempting to contribute to secure decentralized networks. Mining rigs inherently produce a lot of heat, and to keep the systems cool, they need to run extremely loud fans. Many people consider the significant energy used to power the fans and mining rigs to be a huge energy waste

Since the heat that is released during bitcoin mining is recycled to power other home heating systems, Heatbit offers a sustainable and energy-efficient alternative.
According to Heatbit, their cutting-edge space heaters can sufficiently mine bitcoin to at least partially offset a homeowner's monthly electric expense while heating an area the size of a tiny studio apartment. Heatbit resembles other high-end heaters in appearance. However, the device's inside integrated circuits silently handle bitcoin transactions and carry out trillions of calculations per second. This action produces heat in addition to bitcoin rewards (thanks to bitcoin mining pool Nicehash).