Heatbit announced the launch of its Bitwater water heater element via X on Thursday. The product replaces the heating element in standard electric water heaters with 20 Bitcoin mining chips, using the heat generated from mining to warm the water. The company stated that this achieves "the same heat, the same power, and earns Bitcoin."
The Bitwater element uses 20 Bitmain BM1370 chips, offering a hashrate of up to 34 TH/s and a maximum power consumption of 600 watts. Pre-orders are priced at $899, with an estimated shipping date in Q1 2027. Heatbit claims the product aims to decentralize Bitcoin mining into homes, noting that global household electricity consumption for water heating (approximately 300 terawatt-hours annually) far exceeds that of the entire Bitcoin network (approximately 170 terawatt-hours).
Faster global financial news!
Heatbit launches $899 Bitwater water heater element, which mines Bitcoin while heating water.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Middle East Tensions Escalate: Houthis Claim Multiple Attacks on Saudi Arabia, Brent Oil Surpasses $112, Iran Claims to Have Struck Oil Tanker in Strait of Hormuz
-
2
AI Companies and French Sovereign Debt Face Stress Test: CoreWeave CDS Spreads Exceed 1,000 Basis Points, France's 10-Year Government Bond Yield Breaks 5% for the First Time Since 2002, Moody's to Review France's Rating
-
3
Tesla and NVIDIA Invest KRW 3.7 Trillion in Samsung Electro-Mechanics, Securing AI Chip Substrate Production Capacity
-
4
Arbitrage trades in European government bonds have triggered successive liquidations, leading to nearly a hundred London traders exiting the market, with the French 10-year government bond yield surpassing 5%.
-
5
The 10-year U.S. Treasury yield fell by approximately 11 basis points from its previous close, now at 5.04%.
-
6
An Israeli court ordered the release of nine settlers suspected of attacking journalists and diplomats in the West Bank, as UN Secretary-General Guterres described the situation there as "out of control."
-
7
The 30-year U.S. Treasury yield is down approximately 9 basis points from its previous close, currently at 5.35%.
-
8
Rising U.S. Treasury yields are diminishing the appeal of biotechnology stocks, prompting investors to exercise caution. These stocks are often perceived as high-risk "all-or-nothing" bets, heavily reliant on the success of breakthrough medical solutions.
-
9
Nomura: AI growth panic replaces inflation narrative, U.S. Treasuries regain hedging function; Thursday's 10-year U.S. Treasury yield plunged over 15 basis points, Nasdaq Composite plummeted 2.6%.
-
10
Chainlink (LINK) Price Dynamics, Whale Accumulation, and Oracle Infrastructure Progress
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
