Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: examplens on June 23, 2024, 08:39:48 PM
-
The Finnish mining company Marathon launched a pilot project to use the thermal energy obtained during the mining of cryptocurrencies to heat a small village. Finland is a country that has a large number of cold days during the year, and certainly, such an idea could be more than useful.
In Finland, we launched a 2-megawatt pilot project to warm a community of 11,000 residents with recycled heat from digital asset computing.
https://x.com/MarathonDH/status/1803798769298756000
Official website: https://www.mara.com/
-
In the introductory video, they mentioned the name digital asset computing and data centers, but I did not find any mention of Bitcoin mining or Bitcoin mining devices.
I searched for some news sites that reported the news:
https://www.datacenterdynamics.com/en/news/marathon-digital-uses-crypto-mining-heat-to-warm-homes-in-finland/
https://bitcoinmagazine.com/business/marathon-uses-bitcoin-mining-to-heat-town-of-11000-in-finland
Although the main title talks about crypto mining uses heat to warm homes in Finland, in reality the article only talks about it as a future development.
-
It's a good idea if the business receives maximum profit from the integration. For example, let's say the business has 2 megawatts of surplus energy. If the profit is higher than just mining, operating data centers, or engaging in other businesses, then it's sustainable. What I don't like about this idea is if its main purpose is only to create buzz for NASDAQ: MARA to pump and dump the stock or to cover its poor operations.
-
I am sure that this can be a very innovative idea worth considering as this will surely use a waste product for better utilization...something that can actually appease those in the green movement. Of course, this can be so specific in locations like that of Finland where heat can be welcomed a lot of days each year. I am just hoping that they can find the fit from idea to real application to making some money so that the project can be viable and sustainable. One thing for sure, the crypto mining industry is adopting to different circumstances and is responding to different challenges...let's see how this industry will eventually evolve into the future.
-
What I don't like about this idea is if its main purpose is only to create buzz for NASDAQ: MARA to pump and dump the stock or to cover its poor operations.
I would not be surprised if they present themselves as the first fully compliant with U.S. regulations, these articles appear to be part of their PR campaign.
-
What I don't like about this idea is if its main purpose is only to create buzz for NASDAQ: MARA to pump and dump the stock or to cover its poor operations.
I would not be surprised if they present themselves as the first fully compliant with U.S. regulations, these articles appear to be part of their PR campaign.
You can smell the lobby from a hundred miles away, and the biggest hint is that they use "Digital Asset Compute" not Bitcoin mining, seriously, they know the backslash from the discussions about mining and they try to picture it as some completely different thing.
Also, a lot of pure PR in their article:
Traditional data centers often struggle to effectively integrate with district heating systems due to heat quality and proximity issues, leading to inefficient heat transport and energy losses. In contrast, digital asset data centers can reliably generate heat at sufficient temperatures while being compact enough to co-locate with district heating systems, minimizing heat losses and infrastructure and operating costs.
I wonder about the power deal, Finland is cheap compared to Europe but still way off if we look at Texas or Idaho.
-
What I don't like about this idea is if its main purpose is only to create buzz for NASDAQ: MARA to pump and dump the stock or to cover its poor operations.
I would not be surprised if they present themselves as the first fully compliant with U.S. regulations, these articles appear to be part of their PR campaign.
A long time ago I read that there were cow farms that used the temperature of milk to heat water, this reminded me of that type of energy efficiency.
Similar ideas could be heard from various enthusiasts, if it goes to the corporate level, maybe one day we will have a functional system.
-
~
A long time ago I read that there were cow farms that used the temperature of milk to heat water, this reminded me of that type of energy efficiency.
Similar ideas could be heard from various enthusiasts, if it goes to the corporate level, maybe one day we will have a functional system.
Bruh! :o This is the weirdest thing I've heard lately.
Milk comes at body temperature so there is little to no heat in it, then once collected and going through the pasteurization process the process itself is a heat exchange, milk gets heated and when chilled the heat extracted from it is used to heat the incoming milk, much like pulling a bottle of water that is too cold on the back of your fridge where the radiator is.
These things have been around since I was little and the design hasn't changed at all.
Besides, at a farm heat is the enemy, with new EU regulations you can get easily away from having people working out in the sun at 40C than by not keeping temperatures inside pens, 26C is a heat stress level.
Now if we talk about energy in the fartbags ;D, that's a different story..