Bitcoin miners now love Finland – Here’s why
PICTURE: TIINA SOMERPURO A cold climate, cheap electricity, and a stable power grid are attracting Bitcoin miners to Finland. Read the full news article here.
Beyond the Blockchain: How Bitcoin Mining Powers Clean, Low-Cost District Heating
Heating our homes, offices, schools, and cities is not just a comfort, it’s a fundamental necessity. Globally, this critical need still remains heavily reliant on fossil fuels. According to the International Energy Agency (IEA), space and water heating account for nearly half of all energy consumed in buildings, with fossil fuels supplying more than 60% of this […]
Finnish Company Leads the Way in Utilizing Data Center Waste Heat for District Heating
The MinersLoop data center, which balances the energy system, utilizes waste heat with a COP value of up to 5. This globally first-of-its-kind comprehensive solution was launched in March 2024 and serves as a pioneer in its field. Read the full news article here.
Green data center balances energy networks
A district heating backbone runs through Seinäjoki, connecting to a new advanced heat producer. MinersLoop enables environmentally friendly cryptocurrency mining in its data center using immersion technology, which significantly reduces electricity consumption compared to traditional mining. While a typical data center is cooled to around 20 degrees Celsius, here the servers are cooled in oil […]