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Heatbit introduces $899 Bitwater element to mine Bitcoin while heating water

Heatbit has introduced Bitwater, an $899 replacement water heater element featuring 20 ASIC chips that mines Bitcoin using the same electricity that heats the tank.

Product rendering of the Bitwater heating element next to a conventional water heater tank on a dark background.
Image: @Cointelegraph

Heatbit has introduced Bitwater, a specialized water heater element engineered to mine Bitcoin while heating water inside a tank. According to announcements reported by Cointelegraph and Decrypt, the hardware carries 20 ASIC chips that conduct mining operations directly within the heating apparatus.[1][2]

The Bitwater element is priced at $899 and functions by replacing a conventional water heater tank's traditional resistance wire. Heatbit stated that the element harnesses the same electrical energy running through the mining chips to heat the household water supply.[1][3]

Key facts

  • Heatbit introduced Bitwater, a water heater element that mines Bitcoin while heating water in a tank.
  • The Bitwater element is equipped with 20 ASIC mining chips.
  • The Bitwater heating element is priced at $899.
  • The unit swaps out a tank's standard resistance wire for mining chips.
  • Heatbit stated the device uses the same electricity that powers the mining to heat the water.

Sources · 3 sources

  1. DE

    DecryptArticle ·

    Heatbit's $899 Water Heater Element Mines Bitcoin While It Heats Your Tank The Bitwater element swaps a tank's resistance wire for 20 mining chips, and Heatbit says it uses the same electricity to heat the water.

    Open source
  2. CO

    Cointelegraph@CointelegraphPost on X ·

    ⚡️ TODAY: Heatbit introduces Bitwater, a water heater element packed with 20 ASIC chips that mines Bitcoin while heating your tank. Would you mine Bitcoin from your water heater? https://t.co/G8hwzDsAd5

    Open source
  3. DE

    Decrypt@DecryptMediaPost on X ·

    Heatbit's $899 Water Heater Element Mines Bitcoin While It Heats Your Tank https://t.co/c6irOO19an

    Open source