On the 22nd, Heatbit, a company specializing in home Bitcoin (BTC) mining equipment, unveiled 'Bitwater,' a device that uses the heat energy generated from Bitcoin mining to heat water. This system replaces the heater in existing electric water heaters, allowing for both water heating and mining using the same electricity.
In conjunction with the announcement, Heatbit stated that approximately 300 terawatt-hours (TWh) are used annually for household water heating...