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Well, not really, let's say we want to heat a room to 25 degrees Celsius. If we are converting 100% of the electricity used to heat, it will take X energy. If we use the energy for computing instead, and use the waste heat to heat the room, it will take maybe a little more energy. But the thing is, the computing is valuable, and with the money we can gain by "renting" the computing, we can buy more electricity, so we come out on top.

Now, like someone else commented, if you really want to heat an environment, the traditional resistance heating is not the best solution. With a heat pump, you can cheat, and get an efficiency of over 100% (because instead of using the energy to heat the room, you are using the energy to take heat from somewhere else and also put it in the room).



Are you trying to be energy-efficient or are you trying to be cost-efficient? I thought the former but it seems you mean the latter.




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