Is it feasible to do this at smaller scales? Would be cool to use my compurers to heat water at home. Put all that useless heat to good use. Air conditioners could do it too, right? Pump heat into a water reservoir instead of just throwing it away?
Some heat pumps do this. E.g. Panasonic Aquarea EcoFleX. When cooling the house, the domestic hot water tank is used to dump heat into (up to a certain temperature).