Summary:
GDA launches a project in Sweden to utilize surplus heat from bitcoin mining.
Partnership with Muttern Fastigheter to provide 90,000 cubic meters of hot air per hour.
Heating solution powered by renewable energy from Vargfors Hydroelectric Power Station.
Project completed in under 45 days, showcasing advances in bitcoin mining technology.
Local officials consider similar projects for municipal buildings.
Genesis Digital Assets Limited (GDA) has initiated an innovative project in Norsjö, Sweden, aimed at utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with Swedish company Muttern Fastigheter highlights a significant step towards enhancing energy efficiency in the cryptocurrency mining sector.
GDA and Muttern Fastigheter Collaborate on Sustainable Heating Solution in Sweden
GDA, which operates 20 data centers with 600 megawatts (MW) of hashpower and over 180,000 mining rigs, has partnered with Muttern Fastigheter for this heating initiative. The project repurposes waste heat from GDA’s operations to deliver 90,000 cubic meters of hot air per hour at 52°C across a 1,200-square-meter garage, addressing a critical need in Västerbotten County, known for its harsh winter temperatures that can plummet to -25°C.
According to GDA, this innovative solution is fully powered by renewable energy from the nearby Vargfors Hydroelectric Power Station. This project underscores the company's commitment to sustainability and community engagement, completed in under 45 days. It showcases how advancements in bitcoin (BTC) mining technology can yield real benefits for local communities.
Abdumalik Mirakhmedov, the executive president of GDA, stated, "Our venture into heating a large garage space using computation excess heat is a practical example of how the industry can contribute positively and integrate with local communities." He emphasized the importance of these efforts in reaffirming GDA’s leadership in sustainability and showcasing how bitcoin mining byproducts can serve community needs.
The success of this initiative has prompted local officials to explore similar solutions for municipal buildings. Both GDA and Muttern Fastigheter view this partnership as a pioneering model for future projects aimed at establishing new industry standards for repurposing excess energy in an environmentally friendly manner. This announcement follows a similar initiative by bitcoin mining company MARA, which is heating a town of over 11,000 residents in Finland by harnessing heat from BTC mining.
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