Heatbit’s $899 Water Heater Element Mines Bitcoin While It Heats Your Tank
Summary
The new Bitwater device from Heatbit replaces traditional resistance wires in water heaters with integrated cryptocurrency mining chips. This $899 hardware is designed to heat water using the exact same amount of electricity required to mine Bitcoin simultaneously.
The Bitwater element swaps a tank's resistance wire for 20 mining chips, and Heatbit says it uses the same electricity to heat the water.
Source: Read the full story at Decrypt
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