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Heatbit launches Bitwater, a Bitcoin-mining water heater element for US and Canada homes.

Market News
23 Oct 2026
Decrypt
View Source
Bullish
Heatbit launches Bitwater, a Bitcoin-mining water heater element for US and Canada homes.

Heatbit introduced Bitwater, a water heater element with 20 Bitcoin mining chips that fits into standard electric water tanks in the US and Canada. It mines Bitcoin while heating water, using up to 600 watts and producing 34 TH/s, with preorders starting at $899. The product aims to decentralize Bitcoin mining by utilizing electricity already used for heating water in homes, which exceeds the entire Bitcoin network's consumption. Heatbit expects shipments in early 2027 and offers an app for users to monitor mining performance and earnings, promoting home mining as an alternative to large public miners shifting to AI workloads.

Bitcoin's market cap stands at Rp29.666,23 trillion as of Oct 23, 2026, 18:03 WIB, with a circulating supply of 20.1 million BTC out of 21 million total. On Pluang, Bitcoin trades at Rp1.471.741.764, showing a slight 0.46% decline over the past day. The platform sees a higher sell order activity at 70%, while typical investors hold Bitcoin for an average of 112 days. This context highlights the ongoing interest and trading dynamics of Bitcoin as new mining innovations like Heatbit's Bitwater emerge.

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