Genesis Digital Assets Launches Heat Repurposing Project in Sweden

Bitcoin miner Genesis Digital Assets initiates a heat repurposing project in Sweden.

Genesis Digital Assets Limited (GDA) has initiated a project in Norsjö, Sweden, to repurpose surplus heat from one of its bitcoin mining data centers to heat a local garage. This innovative project, in collaboration with Swedish company Muttern Fastigheter, aims to enhance energy efficiency within the industry.

GDA and Muttern Fastigheter Partner on Sustainable Heating Solution in Sweden

Operating 20 data centers with 600 megawatts (MW) of hashpower and over 180,000 mining rigs, GDA has teamed up with Muttern Fastigheter to launch this heating initiative. The project diverts waste heat from GDA’s data center operations to supply 90,000 cubic meters of hot air per hour at 52°C to a 1,200-square-meter garage. This solution addresses a significant need in Västerbotten County, where temperatures can plummet to -25°C.

According to GDA, this innovative solution is entirely powered by renewable energy from the nearby Vargfors Hydroelectric Power Station,

showcasing the company’s commitment to sustainability and community engagement. Completed in under 45 days, this initiative illustrates how advancements in bitcoin (BTC) mining technology can provide real benefits to local communities.

“Our project to heat a large garage space using excess computational heat is a practical example of how the industry can make a positive contribution and integrate with local communities,” remarked Abdumalik Mirakhmedov, the executive president of GDA, on Tuesday. Mirakhmedov further added:

We are proud to pioneer these kinds of efforts because they reaffirm GDA’s role as a leader in sustainability and show how bitcoin mining byproducts can be used for community utility.

The success of this project has prompted local officials to explore similar solutions for municipal buildings. Both GDA and Muttern Fastigheter view this partnership as a model for future initiatives, potentially setting new industry standards for repurposing excess energy in eco-friendly ways. This announcement follows bitcoin mining company MARA’s recent disclosure that it is heating a town of over 11,000 residents in Finland using heat generated from BTC mining.