House-hacking with a bitcoin farm

[Ross Bowman]

Not sure why BP deleted my previous post - seems like the definition of an innovative strategy. 

TLDR: I cover my mortgage with a small bitcoin mining farm. 

Let me know if you have any questions. 

[Yourri-Samuel Dessureault]

Not quite the same as @Ross Bowman is suggesting, but I too am using BTC mining to off set costs in my primary residence.

I live in an area with expensive costs for electricity and heating fuel, so I did the math and found that mining BTC could yield savings. For me, my BTC mining allows we to heat the 2nd floor of my home during the winter (while making a profit instead of experiencing a cost), get additional exposure to BTC with compounding interest of 4.5% APY via BlockFi, and since I report my mining to the IRS I get to do MACRs on my solar panels (which power my miners and the rest of my house) and the mining equipment as it's a business. Needless to say it's a wonderful way to save money/invest while living in California.