Bitcoin Mining Company Heats 80,000 Finnish Homes with Excess Heat
Marathon Digital Holdings is changing the narrative around Bitcoin mining by using excess heat to heat 80,000 homes in Finland. The company’s innovative approach combines technology and environmental responsibility. Starting with a pilot project in June, Marathon is now providing heat to 67,000 additional residents, in addition to the initial 11,000. By utilizing district heating technology, the company efficiently channels the heat generated by mining to heat homes. Marathon, valued at $7 billion, is a key player in the crypto space with a significant Bitcoin holding. This sustainable initiative not only reduces environmental impact but also aligns with Finland’s climate goals. Additionally, Marathon recently acquired a wind farm in Texas to enhance its renewable energy portfolio. Experts believe that Bitcoin’s scarcity and institutional interest will increase its value in the coming years. Disclaimer: The opinions expressed in this article are those of the authors and not of CryptoSlate. Readers are advised to conduct their own research before engaging in cryptocurrency activities.
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