You would want to determine how much energy is required to keep the space around your desired temperature on a cold day.

The easiest method of tracking the energy usage of an existing heater either by using a tool to monitor its energy use throughout the day.

Once you have a good idea of it's energy use (in KWh), you would divide that by "(*24)/1000" to find the number of miners needed to consume the same amount of energy.

Example:

If a 1500 watt heater were to need to run for 24 hours straight to maintain the temperature a space (unlikely):

1.5 KWh (1500 watts) x 24 (hours) =

36 KWh

If your Bitaxe uses 16 watts per hour, we'd convert to KWh (divide by 1000) =

0.016 KWh

Next, multiply by 24 to determine daily energy usage:

0.016 LWh x 24 = 0.384

Now divide the energy required to heat the space by the daily usage of the bitaxe:

36 KWh / 0.384 KWh = 93.75

In this example, where a 1500 watt heater needed to run for 24 hours straight to maintain temp, you would require 93.75 Bitaxes to maintain the same temperature in the space.

Hope this was helpful!

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Discussion

I guess I was missing the assumption that the heater and the bitaxe would produce the same amount of heat for the same amount of energy. (My assumption was that the bitaxe would produce less)

Thanks for the step by step