founder

Alex Busarov

Founder, Heatbit

Background

Alex Busarov is the founder of Heatbit, a startup that sells bitcoin-mining home appliances.

Crypto Briefing reports that he founded Heatbit in 2020 after observing how much heat mining equipment threw off.

Heatbit: Heatbit is a startup that sells consumer home appliances which mine bitcoin while they heat, including the Bitwater water heater element.

Title: Founder, Heatbitsource
Founded Heatbit: 2020source
On Bitwater: Quoted on the product page: "It’s the most efficient miner there could ever be, because the electricity was spent on heating anyway."source

WYDE Newsroom has published one article about Alex Busarov, on Oct 24, 2026. Alex Busarov is a named leader in 1 story. The most recent is Heatbit's Bitwater Water Heater Element Mines Bitcoin, $899 for the Genesis Batch.

Heatbit opened preorders on October 22, 2026, for a water heater element that mines bitcoin while it heats the tank. Its maximum draw is 600 watts.

Oct 24, 2026 · 4 min read · Quoted or named as leader

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