Manufacturers
Business Description
Heatbit, founded in 2020 by former McKinsey consultant Alex Busarov, designs and sells consumer-grade Bitcoin mining heaters registered out of Dover, Delaware, combining residential space heating, HEPA air purification, and SHA-256 proof-of-work mining in a single 1,500-watt appliance.
The four models (Canvas, Trio, Maxi, and Maxi Pro) each draw 1,500 watts total and are rated to heat spaces up to 400 square feet, matching the thermal output of standard electric space heaters while converting mining-hardware waste heat into room warmth. The flagship Maxi Pro delivers 60 TH/s of Bitcoin hashrate within the 1,500-watt power envelope; the Trio, Heatbit's bestselling unit, combines 400 watts of mining computation (10 TH/s) with a 1,100-watt conventional heating element, with preorder pricing at $849 (RRP $1,049). The Canvas, a wall-panel format introduced as the newest entry-level model, produces 10 TH/s with no moving fans, runs completely silent, and preorders at $399 (RRP $599). All devices incorporate HEPA H12 filtration, VO2 and PM2.5 air-quality sensors, aviation-grade aluminum chassis, touchscreen controls, and Heatbit app connectivity; the Trio and Maxi lines carry UL certification.
Busarov conceived Heatbit while confined to a Shanghai apartment during the 2020 COVID-19 lockdown alongside an Antminer S9, observing that the miner's heat output could substitute for a conventional space heater if its acoustic profile were eliminated. The company ran an Indiegogo crowdfunding campaign in 2021, generating over $40,000 in its first week before the platform terminated the campaign after reclassifying the device as a mining rig rather than a home appliance. Heatbit began shipping its first units in October 2022 and, as of January 2023, had sold approximately 1,000 units globally. The company has raised $250,000 from investors including Bitcoin-focused venture firms Stillmark and Axiom BTC.
Heatbit devices support two operating modes: pooled mining, which generates incremental satoshi payouts, and a solo lottery mode that mines independently for a chance at the full Bitcoin block reward (currently 3.125 BTC). The Heatbit app additionally allows advanced users to configure custom pool connections. The company distributes in limited batches, citing constrained supply of 5-nanometer silicon chips (the same fabrication tier used in Apple and Nvidia products), and reports that every batch released to date has sold out. The company's website states that Heatbit units collectively heat approximately 175,000 square meters of indoor space per day, with a 95% owner recommendation rate.
The Maxi Pro Fall '26 batch is currently open for preorder, with units scheduled for August 2026 delivery, as Heatbit continues expanding its model range into new form factors within tightly managed production volumes.