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Manufacturers
Business Description
Hestia Heating Inc., incorporated in 2022 and headquartered in Labrador City, Newfoundland and Labrador, manufactures ASIC-integrated furnaces that redirect Bitcoin mining thermal output into commercial and residential building heat across North America.
The company's core technology is a patented furnace design invented by Joel Landry, whose background spans 25-plus years in mining operations, dewatering, marine, and pulp-and-paper engineering. Rather than venting ASIC exhaust as waste, Hestia's systems integrate air-cooled miners as the primary heat source, with Bitcoin mining revenue partially offsetting facility power costs: a model Hestia Heat targets at light-industrial and commercial operators seeking to reduce dependence on conventional fossil-fuel heating.
Hestia Heat's current lineup covers four configurations across a 20 kW, to, 225 kW patented furnace range. The **Fan Forced Unit Heater** (CA$8,500) delivers up to 7.5 kW (25,000 BTU/hr) on a 208/230/240V single-phase 50A connection, supports all Bitmain S19 and S21 series ASICs, and ships with wall or ceiling mounting brackets. The **Micro Furnace** (CA$12,500) steps up to 10 kW output, accommodates up to three S19/S21 miners, and offers selectable discharge temperatures of 40°C or 60°C. Both units reached availability in September 2024. The **Classic Furnace** delivers 80 kW (270,000 BTU/hr) on 600V three-phase power (480V optional), integrates MicroBT Whatsminer M-series air-cooled miners, and carries ETL certification, the only unit in the lineup with a third-party electrical safety listing. A fourth product, the **Avalon Mini 3 baseboard heater**, targets residential deployment at 800W with a 37.5 TH/s hashing rate and a low-noise profile.
All four products interface with the **Hestia App**, a mobile companion platform offering remote temperature scheduling, real-time ASIC performance monitoring, earnings tracking, and aggregate power consumption data across unlimited installed units.
The executive team draws from blockchain infrastructure and Labrador resource-sector backgrounds. CEO Curtis Doran and CTO Robert Burton previously co-founded BlockLAB; Doran holds a Bachelor of Business Administration from Memorial University. COO David Hall brings more than 15 years in Labrador mining operations, and CFO Jason Budgell holds a Bachelor of Science in Economics with equivalent tenure in financial services and commercial lending.
Hestia Heating holds portfolio membership in the Canada Blockchain Consortium and operates from 109A Drake Avenue in Labrador City, distributing product across North America.
With ETL certification on the Classic Furnace and a product range that scales from 800W residential baseboards to 225 kW industrial installations, Hestia Heat is advancing commercial deployment in the waste-heat recovery segment of the Bitcoin mining equipment market.
