Heatbit has unveiled Bitwater, a water heater element with 20 Bitcoin mining chips that screws into existing electric tanks in the U.S. and Canada. It is rated at up to 34 TH/s on up to 600 watts, and the first batch is available for preorder at $899, with later batches priced at up to $1,299 and due to ship in the first quarter of 2027. Heatbit says homes use about 300 terawatt-hours a year heating water, compared with about 170 terawatt-hours for the entire Bitcoin network, and pitches home mining as a way to decentralize the network. Citing a reply from xAI's Grok chatbot, Heatbit shared an estimate of about $1 to $1.25 a day, while Decrypt's own calculation puts a full-output element at about $1.25 a day, or roughly $455 a year.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/22/2026 | 81,416.09 |
| Change that session | -3.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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