This $2,000 Bitcoin mining water heater can pay for itself by slashing your energy bills, company claims — can rake in $1,000 a year in BTC, offset 80% of electricity and water costs

Superheat showcased the Superheat H1, a $2,000 water heater that uses waste-heat from built-in Bitcoin mining hardware to warm water, claiming it can offset 80% of electricity and water costs and generate up to $1,000 in BTC annually. The company suggests that a 700-apartment community could earn up to $980,000 yearly. The H1 aims to pay off its initial cost in two years while reducing energy spend by 80%, with a predicted service life of 10 years. Superheat emphasizes the dual-value operation of the H1 and its scalability for various settings beyond homes.