Bitcoin Miner Heats Finnish Town Using Waste Heat From Mining BTC
Portfolio Pulse from Murtuza Merchant
Marathon Digital Holdings (NASDAQ:MARA) has launched a 2-megawatt pilot project in Finland that uses waste heat from Bitcoin mining to warm a community of 11,000 residents. This initiative aims to explore alternative revenue streams and reduce reliance on fossil fuels, marking Marathon's first venture into district heating solutions.
June 24, 2024 | 2:51 pm
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Marathon Digital Holdings has initiated a 2-megawatt pilot project in Finland to use waste heat from Bitcoin mining for district heating. This project aims to explore new revenue streams and reduce fossil fuel reliance, marking Marathon's first foray into district heating solutions.
The project showcases Marathon's innovative approach to utilizing waste heat from Bitcoin mining, potentially opening new revenue streams and enhancing its reputation for sustainability. This could positively impact MARA's stock price in the short term.
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