Sealminer A4 Ultra Hydro
Bitcoin & Bitcoin Cash ASIC Miner
886TH
HASHRATE
9.45W/TH
EFFICIENCY
8373W
POWER
£862.14
EST. MONTHLY
NO PAYBACK
EST. ROI
Image: WTAP / Chase Campbell · Original source.
Renewables and heat reuse
SAIHEAT’s annual report describes a Bitcoin-mining operation in Marietta and greenhouse and fish-pond facilities heated with recovered hot water. Earlier filings also describe an Ohio demonstration facility.
- Project at a glance
- 1 MW computing unit · 5,000 ft² greenhouse (2024 report)
- Source date and context
- 2025 annual report, filed 2026
- Published financial detail
- The sources reviewed do not include full project accounts.
- Our comparison
- A UK example per 1,000 miner kWh
About 5 minutes to read
Computing beside a greenhouse and fish ponds
SAI's March 2024 update described a 1 MW computing unit connected to a 5,000 ft² greenhouse in Marietta, operating since November 2023. Its later annual filing also describes greenhouse and fish pond facilities using recovered hot water. The arrangement shows how one computing installation can serve several nearby heat users. It leaves an important commercial question open: the cited records do not provide accounts for the crops or fish.
“The first SAI ULTIWIT System was completed and has been operating 24/7 since Nov 2023.”
Several heat users, several sets of controls
Bitcoin computing→recovered hot water→greenhouse and fish-pond circuits
Plants and fish need different conditions, so each heat circuit needs its own controls and monitoring. If computing stops, circulation and backup heating may still have to run. Pumps, water quality, crop losses, labour and sales all affect whether the agricultural side earns a return. They cannot be inferred from the mining unit's rating.
What the numbers could look like in the UK
The calculation below uses assumed UK prices to show how the costs fit together. It is our example, not this project’s reported earnings. Replace the inputs with current machine estimates and the costs at your own site.
Illustrative UK calculation
Income and running costs
1,000 kWh used by miners, plus 50 kWh for pumps and fans. All amounts in pounds.
Operating contributionBefore equipment and installation costs
−£9.60−0.96p per miner kWh
This example buys electricity at 12p/kWh and values useful heat at 6p/kWh. These are assumed prices. The heat value should be replaced with the actual cost of the heating you would otherwise use, or the price a customer agrees to pay.
| Mining income | 8p per miner kWh; an assumed rate, not a live earnings estimate |
|---|---|
| Electricity | 12p/kWh × 1,050 kWh = £126.00 |
| Pool fee | 2% of gross mining income |
| Useful heat | 80% of miner electricity = 800 kWh; valued at 6p per delivered kWh |
| Other running costs | £10 per 1,000 miner kWh; an allowance to replace with your own costs |
| Costs still to add | Equipment, installation, finance, tax, depreciation, major replacements and any costs above the allowance |
The contribution is what remains from mining income and useful heat after the stated running costs. It is not net profit: the equipment and other excluded costs still have to be recovered. Pumps and fans use electricity but earn no mining income in this calculation.
| Gross income per miner kWh | Without heat value | With useful heat |
|---|---|---|
| 5p | −£87.00 | −£39.00 |
| 8p Chart example | −£57.60 | −£9.60 |
| 11p | −£28.20 | £19.80 |
- Mining income needed to cover running costs
- 8.98pper miner kWh
- Highest electricity cost or export value supported
- 11.09pper total electricity kWh
These are two ways to read the same example. Adding equipment costs or a larger maintenance allowance raises the income needed and reduces the electricity price the project can afford.
Compare heating options and work out annual costs
Use the heating system you would actually choose as the comparison. For example, a heat pump using electricity at 20p/kWh with a seasonal COP of 3 has an electricity cost of about 6.67p per kWh of heat. A resistance heater at that tariff uses 20p per kWh of heat. These are calculation examples, rather than measurements from this project.
For an annual estimate, use the miner electricity expected during hours when running makes sense. Scale the contribution by annual miner kWh divided by 1,000, then deduct fixed annual costs. Recalculate if electricity prices, mining income or usable heat change.
Simple payback is the total installed cost divided by positive annual cash contribution. There is no payback under a scenario with zero or negative contribution. The sources reviewed here do not provide the full project accounts needed to calculate an actual payback for this installation.
Keep food production accounts separate
Water loops let heat serve more than one nearby agricultural use.
Meter each heat destination, record standby-heating use and allocate pump electricity. Track water quality and crop or fish outcomes independently of mining earnings.
Questions worth asking
- Which loads can tolerate interruptions?
- Who maintains backup heat and circulation if computing stops?
Try your own electricity and heat figures
Compare available miners and dated earnings estimates. Include heat only where you can use it or have a customer for it.
Sources and photographs
Sources checked on 29 September 2026. Project facts and quotations come from the publications below; the UK calculations and practical assessment are The Mining Shop’s analysis. This article is based on published material, rather than a site visit.
Photographs: WTAP / Chase Campbell (source).
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