Heatbit launches $899 water heater element that mines bitcoin
- —Bitwater delivers up to 34 TH/s at 600W using 20 BM1370 chips
- —Genesis preorder costs $899; later batches reach $1,299, shipping in Q1 2027
- —Mining yields about $1.25 a day, or $455 a year at full load
- —Payback runs 2 to 3.6 years against a one-year warranty
Why it matters: The economics only work because the electricity is already being spent on heating water rather than dedicated mining.
Source: 動區 BlockTempo