The American company Heatbit has introduced Bitwater, an electric water heater element with an integrated Bitcoin ASIC miner. The device is designed to replace the lower heating element in existing 30-80 gallon water tanks, which are common in the US and Canada.
The hardware features 20 BM1370 chips, delivering a hashrate of 34 TH/s with a power consumption of 600 W. The water serves as a cooling medium for the chips. By default, the device operates in solo mining mode via the Heatbit pool, though users can switch to other platforms like Luxor.
Pre-orders for Bitwater opened on October 22, with the first batch priced at $899 and subsequent units costing up to $1299. The company plans to begin shipments to the US and Canada in the first quarter of 2027.
Heatbit claims the device operates continuously, providing the same amount of heat to the water as standard household consumption. The company suggests that mining costs are offset by the utility of heating water, though profitability remains dependent on network difficulty and the Bitcoin exchange rate.
