CryptoMediaClub
Monday, October 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Bitcoin

Startup Heatbit Has Developed A Home Heater That Mines Bitcoin

11.12.2023
A A
0
124
VIEWS
ShareShare

Startup Heatbit Has Developed A Home Heater That Mines Bitcoin

Heatbit presented a new device combining a Bitcoin miner with a heater during the Web Summit in Lisbon.

An individual Bitcoin transaction is estimated to consume around 710 kWh, equivalent to more than 20 days’ worth of electricity for an average American household.

To put this into perspective, the average cost per kWh in the U.S. is around 17 cents, resulting in a substantial energy bill of approximately $120 for a single Bitcoin transaction.

Heatbit, a startup, has taken a rather inconvenient approach to alleviating the steep costs linked with Bitcoin mining: combining a Bitcoin miner with a heater.

Led by Alex Busarov, an LSE graduate and former McKinsey employee, the company presented its creation at the Web Summit in Lisbon.

See Also: El Salvador Will Give You a ‘Freedom Visa’ If You Have $1M in Bitcoin or Tether

Presented as the world’s first heater-purifier, it not only warms homes but also claims to add an additional $15 to monthly savings.

The Heatbit Mini employs silicon chips that conduct complex computations, including Bitcoin mining and AI model training, supposedly generating monetary rewards while maintaining energy consumption comparable to standard appliances.

The device claims a 10 TH/s mining capacity at 400W energy consumption, with an added 1000W conventional heating boost for exceptionally cold days.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

The post Startup Heatbit Has Developed A Home Heater That Mines Bitcoin appeared first on BitcoinWorld.

Share10Tweet6ShareSharePin2

Related Posts

Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge
Bitcoin

Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge

15.07.2025
0

BitcoinWorldCoinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge The cryptocurrency world is buzzing with excitement, and for good reason!...

Read moreDetails
Bitcoin’s Unseen Ascent: Why Market Euphoria Is Still Ahead, According to Alphractal CEO

Bitcoin’s Unseen Ascent: Why Market Euphoria Is Still Ahead, According to Alphractal CEO

14.07.2025
Bitcoin Holdings Soar: The Blockchain Group’s Momentous Digital Asset Accumulation

Bitcoin Holdings Soar: The Blockchain Group’s Momentous Digital Asset Accumulation

14.07.2025
Bitcoin’s Astonishing Anomaly: Why Public Search Interest Remains Low Despite Record Highs

Bitcoin’s Astonishing Anomaly: Why Public Search Interest Remains Low Despite Record Highs

14.07.2025
Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

08.07.2025
Load More
Next Post
SafeAuth Teams Up With Web3Auth To Build Social Logins Into Blockchain Applications

SafeAuth Teams Up With Web3Auth To Build Social Logins Into Blockchain Applications

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Dogecoin Bulls Hold $0.35 Support Level – When Will DOGE Hit $1?

Dogecoin Bulls Hold $0.35 Support Level – When Will DOGE Hit $1?

10 months ago
UAE Agriculture Authority Bans Cryptocurrency Mining on Farms

UAE Agriculture Authority Bans Cryptocurrency Mining on Farms

1 year ago
Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express

Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express

2 years ago
Grayscale calls Solana ‘crypto’s financial bazaar’: Does the data back it up?

Grayscale calls Solana ‘crypto’s financial bazaar’: Does the data back it up?

1 week ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

Crypto Transfers Between Korean Exchanges and Cambodia’s Huione Jump 1,400x to $8.9M

Bitcoin Nears $116K as Stocks Rally on Signs of Thaw in US-China Trade Tensions

Sharplink Gaming Adds $80M in Ethereum to Strategic Reserve After Month-Long Lull

Ledger Faces Backlash Over New Multisig App Fees Despite Technical Upgrade

Your Crypto Isn’t Safe Outside the Blockchain, Vitalik Buterin Warns

Trending

[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC
All news

[LIVE] Altcoin Season Price Watch, October 27 – Trending Altcoins Lag as Liquidity Clings to BTC

27.10.2025
0

The altcoin movement remains muted, with the Altcoin Season Index hovering around 28, indicating limited participation outside...

Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

27.10.2025
Bitcoin rally smashes past $116k on softer Fed bets: What changes next?

Bitcoin rally smashes past $116k on softer Fed bets: What changes next?

27.10.2025
China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

27.10.2025
Crypto Transfers Between Korean Exchanges and Cambodia’s Huione Jump 1,400x to $8.9M

Crypto Transfers Between Korean Exchanges and Cambodia’s Huione Jump 1,400x to $8.9M

27.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz