This is how Marathon Digital is using Bitcoin mining to heat a city in Finland

Leading digital asset technology company Marathon Digital has found a way to use the heat from its Bitcoin mining activities.

Marathon’s latest announcement revealed that it has launched a pilot project to heat a community in Finland of approximately 11,000 residents with recycled heat from its Bitcoin mining operations.

Marathon uses mining to heat districts

The district heating project in Finland is Marathon’s first and marks its debut in Europe. District heating involves heating local buildings by distributing centrally heated water through underground pipes. Finland relies on biomass for district heating; however, this project seeks to reduce carbon emissions and operating costs.

Europe’s cold climate has attracted data center companies, which benefit from the continent’s reduced energy consumption and infrastructure costs. The cooler temperatures have also led to the creation of a network of district heating systems aimed at providing warmth to residents.

Although European data centers consume less energy, their collective share is at least double the global average, representing 3% compared to 1-1.5% globally. This also means that these companies generate significant amounts of heat, which could encourage strategic partnerships with district heating systems.

Instead of wasting the heat produced by data centers like Marathon, it could be recycled to meet district heating demand. This reduces costs and waste for the parties involved and almost eliminates the need for carbon-emitting heat sources.

“Following the success of our pilot project in Utah, where we demonstrated that it is economically viable and environmentally beneficial to use landfill gas for computing digital assets, we have continued to experiment with innovative ways that our operations can add value beyond securing distributed ledgers, like Bitcoin’s,” said Adam Swick, Marathon’s chief growth officer.

Advance the crypto mining industry

Marathon powered up the 2-megawatt data center for the pilot project in late May in Finland’s Satakunta region. It is part of Marathon’s commitment to sustainability and the exploration of new sources of income.

Marathon President and CEO Fred Thiel believes the project could drive the advancement of the cryptocomputing industry and strengthen the Bitcoin miner’s leadership position in the space.

“This pilot project in Finland is a critical step forward in our strategy to expand globally and innovate sustainably. We are not just producing digital assets; we’re warming homes and integrating sustainable practices into our business model,” added Thiel.

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