MARA Launches Second District Heating Project in Finland

The American mining company MARA has initiated its second project in Finland, utilizing the heat generated from cryptocurrency mining to warm residential homes.

This holiday season, we’re excited to bring the gift of warmth to even more homes with the addition of our second district heating project warming a city of 67,000 residents with #Bitcoin mining. We now proudly provide heat to nearly 80,000 residents across Finland. ❄️?♨️ pic.twitter.com/s5Vvz0ps5v

— MARA (@MARAHoldings) December 20, 2024

“This holiday season, we are delighted to bring warmth to even more homes by launching our second district heating project, heating a city of 67,000 people through Bitcoin mining,” the statement reads.

In June, the company announced the start of a pilot project in Satakunta, serving a population of 11,000. With the latest initiative, 80,000 residents in the country are now provided with heat generated by mining equipment.

Previously, a similar project in Finland was initiated by Hashlabs Mining.

Bitcoin miners are finding diverse ways to utilize the heat produced by their equipment. A bathhouse in New York, for instance, used it to maintain the temperature of its pool water, though customer reactions were mixed.

In the Norwegian town of Sortland, the company KryptoVault organized the drying of wood and seaweed using thermal energy from cryptocurrency mining. Despite creating jobs, residents have opposed the miners due to the noise generated by the data center.

In Paraguay, one of the Bitcoin mining enterprises directed the heat from ASIC miners to dry mangoes.