jargon.artrocity.com
New Hacker's Dictionary the Jargon File v 4.4.6
Many hackers routinely hang numerous devices such as pagers, cell-phones, personal organizers, leatherman multitools, pocket knives, flashlights, walkie-talkies, even miniature computers from their belts. When many of these devices are worn at once, the hacker's belt somewhat resembles Batman's utility belt; hence it is referred to as a batbelt.