"The first kind of value that I saw in this was how to use energy for heating your home and mining Bitcoin at the same time, but then the mission started evolving as I realized the importance of the decentralization of Bitcoin mining," Busarov told Bitcoin Magazine. "I think we're enabling the most resilient infrastructure for Bitcoin to run on."
Heatbit devices stand at 24 inches in height and 8 inches in diameter. They're cylindrical in shape and have a sleek finish. Getting started with a Heatbit device is 'as difficult as it is to plug in a Dyson device,' according to Busarov.
After doing so, users need only download the Heatbit app and connect the device to WiFi to begin mining bitcoin. Once the device is running, using no more energy than a Dyson space heater and making no more noise than a whirring sound at the volume of whisper.
Busarov has created a product that helps to decentralize Bitcoin's hashrate, which has become dangerously centralized. Fast-forward to the present day, and Busarov and his team are preparing holiday shipments of bitcoin miners that run quietly and double as space heaters.
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