Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
Bitcoin Mining Integrated into District Heating Network in Finland
Finland is implementing specially crafted Bitcoin mining equipment that connects to the district heating network, enabling homes to receive heat while mining BTC.
Hashlabs Mining, a firm focused on Bitcoin mining infrastructure, introduced a project that facilitates heat generation using WhatsMiner M63 mining units equipped with custom hydro-cooling systems.
The suggested system conveys the heat produced by the mining apparatus through a network of insulated pipes from a centralized source to the end users. Consequently, industrial BTC mining can serve as a component of a district heating network.
Finland’s political stability and reliance on nuclear energy, which constitutes 43% of the nation’s total electricity output, render it an optimal site for such an initiative. Hashlabs Mining has already incorporated two mining facilities into the district heating system and is in the process of adding a third.
Comparable initiatives have been functioning in other nations for several years. In early 2022, mining firm MintGreen and Lonsdale Energy Corporation (LEC) established a partnership aimed at heating North Vancouver using the recovered energy produced during Bitcoin mining.
Сообщение Bitcoin Mining Became Part of District Heating System in Finland появились сначала на CoinsPaid Media.