As we head into the winter months, people’s minds naturally turn to the age-old question, how are we going to stay warm?

The price of natural gas is currently skyrocketing in anticipation, but the crypto community is not standing still and is looking at more innovative solutions.

The below device, which was sent to me on social media, is a contemporary prototype that was designed in Canada to mine bitcoin while heating your house at the same time.

Of course, no sooner did I repost than someone responded with some much more advanced and nicer looking models that have recently hit the market in Ukraine.

 This, especially in places where it’s cold and electricity is cheap is an excellent way to reduce heating costs and help keep bitcoin decentralized at the same time.

Today’s Highlights

Traditional Markets

Stocks remain in deep question mark territory today after some sour updates from the Asia-Pacific Economic Cooperation summit. Spoiler alert, the US and China, didn’t cooperate.

Despite this, the China 50 and the Nikkei are rising today but the European opening was lackluster. The following four charts should give us a good idea of just how confused the global markets have been over the last month. 

As we can see, there have been wild swings in both directions but at this point it isn’t really clear if the markets are trying to find the bottom or the top.

Commodity Underpinned

It’s been a pretty hectic year so far for commodities as well. Oil is definitely looking for a floor but at this point, it’s still not clear if $55 will hold. News about OPEC and production are spinning through financial media but in my mind, this has to be related to the slide we saw in precious metals earlier this year.

Underpinning the commodities is a rising US Dollar. So more than anything it’s likely that Fed policy is driving this market. The Greenback has been forming a steady support line (yellow line below) for itself over the last few months as the Fed talks rate hikes.