Bitcoin miner Marathon Digital Holdings has launched a pilot project to recycle heat generated from Bitcoin mining to warm a community in Finland. The 2MW data center, energized at the end of May, is located in the Satakunta region, home to 11,000 residents.
“This pilot project in Finland is a critical step forward in our strategy to expand globally and innovate sustainably,” said Fred Thiel, Marathon’s chairman and CEO. “We are not just producing digital assets; we are heating homes and integrating sustainable practices into our business model. We believe that this kind of innovation can drive the advancement of the digital asset compute industry and further strengthen Marathon's leading position in the field."
The company is operational worldwide, but is mainly active in the US. The initiative marks Marathon's first district heating project and its debut in Europe. District heating involves centrally heating water and distributing it through underground pipes to heat local buildings. Finland, known for its clean energy mix, relies heavily on biomass for district heating. By utilizing heat from digital asset data centers, the project aims to reduce carbon emissions and operating costs.
