"The Heatbit Maxi, a space heater that also mines bitcoin, is one such device. Residential electricity rates have corkscrewed to stratospheric heights in the US since 2020, rising more than 40 percent in the past six years as of February 2026."
"While the Heatbit is an intriguingly ingenious notion when drawn on a cocktail napkin, the devil is in the details. It's neither a great heater nor the most energy-efficient bitcoin miner on the market."
"The high up-front price ($1,499) means any energy savings will likely take years to surface unless you're quite crafty about when you use it, and live in the right place."
Heatbit Maxi is a device that functions as a space heater, bitcoin miner, and air purifier. Despite rising electricity rates, it is not profitable or efficient. The device's high price of $1,499 means energy savings will take years to realize. It lacks effectiveness in all its functions, making it a questionable investment. The concept of offsetting energy costs through bitcoin mining is intriguing but fails to hold up under scrutiny, especially given current bitcoin prices and energy demands.
Read at WIRED
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