Previous Year's Revenue Already Surpassed by Mid-Year

In the first half of 2024, Austrian Bitcoin heating manufacturer 21energy generated over half a million euros in net revenue — a sevenfold increase compared to the previous year.

“The demand for Bitcoin heaters continues to grow, as more and more customers understand our approach of earning money while heating,” says Maximilian Obwexer, CEO of 21energy GmbH. “And the most important sales period for heating — the cold season — is still ahead of us. We expect an even more successful second half of the year.”

In addition to rising local demand from the DACH region, business expansion into Northern and Eastern Europe has contributed to this growth, especially in Scandinavia, where seasonal conditions are highly suitable. Furthermore, 21energy is scoring with its new Bitcoin heating device, the "Ofen Pro", designed for end users. It delivers an average return of €0.288 per kWh and is even quieter than its predecessor.

 

About 21energy

21energy develops and distributes innovative heating systems based on high-performance computers, known as Bitcoin miners. These systems convert electrical energy into both heat and income through Bitcoin mining.

This allows 21energy customers to "earn money while heating", effectively reducing heating costs and significantly cutting carbon emissions — particularly when switching from oil or gas.

The entire value chain, from development to production and sales, is based in Tyrol, Austria. Since its founding in October 2022, the startup has already sold approximately 1,000 units of its market-leading heating systems across Europe.

 

Press Contact

Benjamin Kehrer
CMO & Kommunikation 21energy
E-Mail: benjamin.kehrer@21energy.com
Website: https://21energy.com/pages/press