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> However, that electricity gets converted into heat, so your heating bill gets reduced.

Do you really think heating a room with electricity is efficient? why do you think people use coal or gaz for that purpose ?

Edit : you are being sarcastic i hope.

Where did I imply that it was efficient? I was merely saying only looking at your electricity bill doesn't provide an accurate picture of the cost of mining.

Heating a room with electricity technically is very efficient, it's just not very cost efficient.

I have no heating bill, ever. Waste heat just makes my apartment more uncomfortable.

/cooling bill goes up

I'll remember that when it's 100 degrees outside.