Heating your home for free with waste heat from Bitcoin mining
Sunbit offers a new way to heat homes or larger spaces by utilizing waste heat from Bitcoin mining and increasing the profitability of solar energy for households.
How does heating a home with Bitcoin mining work?
Electricity is used for mining
An individual Bitcoin miner consumes about 3 kilowatts per hour at full power. This is directly comparable to electric heating. In addition to miners, solar panels are the best solution for electric heating.
Mining equipment produces Bitcoins
Miners are computers that maintain the network and earn income as compensation for their services. On average, these devices earn about 10-15 cents per kilowatt consumed. As long as the customer has a favorable electricity agreement, heating can be free or even profitable.
Mining generates waste heat
The electricity consumed by the devices is converted to almost 100% heat. Typically, this heat generated during mining is not utilized and is instead expelled directly outside.
Waste heat generated is utilized
Previously wasted heat is utilized for heating homes, garages, or, for example, greenhouses. This way, we make heating the home free and at the same time reduce the carbon footprint of mining!
Why heating through mining?
Bitcoin mining is already a profitable business that happens to generate waste heat. Why wouldn’t this heat be utilized for home heating?
Affordable heating
01
The customer no longer needs to worry about high heating costs and, in the best case scenario, can even earn additional income by heating their home.
Part of sustainable future
02
Bitcoin mining encourages the owner to install solar panels due to the profitability of mining.
Peace of mind
03
The customer doesn’t need to worry about receiving only the market price for the surplus energy generated by their solar panels, which is typically low during the summer due to the seasonal nature of renewable energy sources.
Ease of use
04
We have included a solution in our service package where you don’t need to know anything about Bitcoin, technology, or mining! We take care of maintenance, support, and all aspects related to mining through remote management.
The better choiCe
The sustainable future of home heating through Bitcoin mining
Bitcoin miners naturally always seek the cheapest energy sources, which are practically always renewable energy sources and nuclear power. Other heating methods poorly utilize these energy sources, such as direct electric heating. As alternatives to other energy sources, solar panels cover the electricity consumed by miners and generate clean additional income for households during the summer season, as well as providing a warm home and potentially also hot water.
With our solutions, we also make Bitcoin mining carbon-neutral by utilizing energy that would typically go to waste for heating homes.
Better investment
The most cost-effective way to heat a home
No other heating system is zero-cost or potentially profitable for the resident.
Average Customer
EARNINGS PER USED KWH
-0.45
€
ELECTRICITY CONVERTED TO HEAT
0
%
Co2 SAVED PER YEAR
0
kg
SunBit Blog
Read our blog’s first article: The Green Side of Bitcoin Mining: A Sustainable Solution for Heating and Supporting the Power Grid.
In the SunBit Blog, you can find the latest news, announcements, and blog posts related to the future of heating!
The green side of Bitcoin mining: A sustainable solution for heating and support to the power grid.
Bitcoin mining is likely one of the most criticized industries. This is due to the significant energy consumption of Bitcoin. However, is its high energy consumption really a problem?
Mining globally consumes approximately 100 TWh per year. This consumption is comparable to the energy usage of the Netherlands. . .
