Dover, Delaware, Nov. 14, 2022 (GLOBE NEWSWIRE) — Heatbit, the world’s first personal heating device that mines Bitcoin, has been officially released. After launching a Kickstarter campaign in 2021 and obtaining the security certificates, the company started shipping its first mining heaters in October 2022. Heatbit enables everyone to support the decentralized money revolution while being rewarded for heating in bitcoin.
The green bitcoin miner
In contributing to secure decentralized systems, Bitcoin and other cryptocurrency mining operations face several challenges. Mining rigs naturally emit significant heat and must use very loud fans to cool the systems. The considerable energy needed to drive both the fans and the mining rigs is described by many as a colossal waste of energy.
Heatbit provides a green and energy-efficient solution for cryptocurrency mining, as emitted heat is recycled to replace other heating devices in homes. The Heatbit was designed to require the same energy as a conventional heater, at 1400 W, and is suitable for heating rooms up to 170 square feet. With the same efficiency as regular heaters, heatbit devices mine bitcoin for users at the same time. To ensure a comfortable user experience, heatbits are designed to run very quietly: at full power, the units produce <42 dB of noise, similar to a quiet library, thanks to several patent-pending solutions in sound insulation, vibration control and noise reduction. in hot pieces.
In terms of mining, Heatbit delivers up to 14 TH/s of hash power, and provides bitcoin rewards that can cover up to 100% of heating costs, depending on the user’s power price. Furthermore, a smart auto-tuning function is used to improve efficiency and reduce power consumption.
Since 2022, Heatbit has been certified according to US and Canadian safety standards. Harsh tests included covering the device at full power with a blanket, stopping the fan and many others to ensure it is safe to use in a residential environment. The testing agency even dropped metal balls on a heatbit, similar to what many saw at a Tesla Cybertruck presentation.
“After a three-year development cycle, we are happy to be able to send the first heatbits to our loyal customers. Our engineers have put in blood, sweat and tears to revolutionize mining in this way. Over the next few weeks, all buyers will finally have their heatbits deliveredsays Alex Busarov, co-founder at Heatbit.
While the devices offer a smart way to get bitcoin rewards on heating, Alex encourages heatbit users to also think about the larger societal factors behind the project. “It is important to understand that Heatbit is about supporting the decentralized money revolution. Bitcoin should be the cryptocurrency where everyone makes a small contribution. True decentralization is many users, each contributing their little bit, not the big mining farms we see these days.” he added.
Heatbit is now planning a fundraising campaign aimed at regular users instead of VCs. “We have fantastic support from our customers. I would much rather they own a part of the company in the spirit of decentralization and community operation,” concludes the entrepreneur.
About Heatbit
Heatbit incl. makes the world’s first heater that mines Bitcoin. The company was founded in 2020 by Alex Busarov, a philosophy graduate of the London School of Economics, who previously worked at McKinsey on energy strategies and ran various startups in Asia for the past 10 years. The company’s mission is to make the world a more efficient and distributed place.
Disclaimer: There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or other product or service in this article. This is not investment advice. Please do your own research.
Contact information
Contact person: Simon Moser
PR manager, PolyGrowth PR
Email: [email protected]
Location – Dover, Delaware, United States
