Heatbit Launches Bitwater Mining Element for Electric Water Heaters

Heatbit has announced a replacement element for electric water heaters that mines Bitcoin while heating water tanks.

FTMQ Crypto, written by our newsroom26 October 2026 at 00:060 views

Hardware company Heatbit has announced Bitwater, a specialized heating element designed to replace existing components in electric water heaters while mining Bitcoin. Reports from Iolite, BigGo Finance, Gizmodo, ForkLog, Decrypt, and KuCoin all confirm the release of the device. [1][2][3][4][5][6]

BigGo Finance, Decrypt, and Iolite state that the Bitwater device is priced at $899 for pre-order. Shipping for the unit is scheduled to begin in the first quarter of 2027, according to Iolite. [1][2][5]

KuCoin reported that the unit provides a hashing performance of 34 terahashes per second while providing thermal output for domestic water heating systems. [6]

Heatbit announced the Bitwater element to enable Bitcoin mining in electric water heaters.
Pre-orders for the Bitwater device are priced at $899.
Shipments for the device are expected to begin in the first quarter of 2027.
KuCoin reported that the device provides a hash rate of 34 terahashes per second.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

[1]Introducing 'Bitwater': A Heater for Electric Water Heaters Utilizing Bitcoin Mining HeatIolite（アイオライト）, 10d ago (the report this story comes from)
[2]Heatbit's $899 Bitwater Element Turns Electric Water Heaters Into Bitcoin MinersBigGo Finance, 11d ago
[3]Heatbit Says Your Water Heater Should Be Mining Bitcoin, and Now It CanGizmodo, 9d ago
[4]Heatbit Unveils Water Heater with Bitcoin Mining CapabilityForkLog, 11d ago
[5]Heatbit's $899 Water Heater Element Mines Bitcoin While It Heats Your TankDecrypt, 11d ago
[6]Heatbit Launches Bitwater: Water Heater Turned Bitcoin Miner with 34 TH/s HashrateKuCoin, 11d ago

Background

[7]Forklift on Wikipedia
[8]Mining on Wikipedia

Our newsroom writes these reports with the help of software, from the 8 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

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