The same principal has been tried with crypto mining to reduce waste / cost.

Capture the heat and use it elsewhere like to heat the building.

Downside for heating buildings though is unless you're doing it somewhere where it's always cold, you eventually still end up with heat you can't use, and at that scale, there's better heating choices. I heard the city of vancouver was looking into heating a swimming pool with it, at least that would have a constant use.

Then you still end up with the issue of the mining cards only being good for 2-3 years before the tech improves and they aren't mining efficiently anymore, which then just leads to more e-waste.

But imagine if the cards themselves had a really long useful life or were super cheap and easily recyclable, we could put miners in things like space / baseboard heaters which were already going to be doing resistive heating and then gain something from that instead of just heat.

Imagine doing something like having a GPU based baseboard heater that folds proteins whenever it's on, where it doesn't become completely obsolete in a couple years. If the chips were cheap enough it'd be way better than just doing heat.

Edit: Taking the idea further... imagine if governments mandated reuse of the heat generated by data centers instead of piping it outside? You want to build a data center here? Build a public pool and heat the building / water with your excess heat. Then that commercial zone also gets a fitness center for anyone nearby.