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Crypto-miner looks to heat greenhouse with excess heat

1 November 2023
in Mining
Reading Time: 1 mins read
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“We have partnered with a greenhouse developer in Sweden, and they plan to construct an 80,000-square-foot greenhouse. Our 30 megawatt GPU facility in Boden, near the Arctic Pole, will provide heat energy used to grow these vegetables.” Speaking is Aydin Kilic, CEO of HIVE Digital Technologies Ltd., a Vancouver-based digital infrastructure firm.

HIVE got its start in 2017 as HIVE Blockchain Technologies—the world’s first publicly traded cryptocurrency mining company, with listings on the Toronto Stock Exchange, Frankfurt Stock Exchange, and Nasdaq.

Now, they’re looking to expand progress in recycling its excess heat. In Quebec, HIVE’s 30-megawatt facility provides “waste” heat to a neighboring swimming pool manufacturer, a 200,000-square-foot factory. Using a custom heat exchange and transfer system, the warm air from the Bitcoin mining servers is transferred to heat the swimming pool factory.

And the greenhouse is a new tool to do so. Last year, a partnership with Swedish company Agtira was announced. “When complete in 2024, the greenhouse will be able to produce more than 1,000 tons of fresh vegetables annually, all using excess heat from our facilities”, Aydin concluded.

Their 2023 annual numbers show more information on the plants: a 4.000m2 greenhouse as a first phase, and an additional 4000m2 to be added, and include aquaponics as well.

Read the complete article here.

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