Heatbit Introduces $899 Bitcoin-Mining Water Heater Element
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Heatbit says its $899 Bitwater element uses 20 mining chips to mine Bitcoin while heating water in a tank.
Heatbit has introduced Bitwater, a $899 water heater element designed to combine Bitcoin mining with tank-based water heating, according to Decrypt.
The device replaces a tank’s conventional resistance wire with 20 mining chips, putting the heat generated by mining to use in warming the water.
Heatbit says the element uses the same electricity to perform both tasks. The announcement describes a dual-purpose heating component rather than a separate mining device.
Source: Decrypt
