BODEN, Sweden - December 15, 2020 - (Newswire.com)
Genesis Mining, the world s leading institutional crypto mining company, has announced the launch of a new pilot project that will focus on recycling excess energy waste from crypto mining facilities into sustainable heat and energy to power greenhouses.
The pilot project s objective is to address concerns about the excess energy waste generated by crypto mining facilities while also supporting the government s objective to become more self-sufficient in food production, rather than relying on imports.
Commenting on this potential, Mattias Vesterlund, Senior Researcher at RISE (Research Institutes of Sweden), said, A 1 MW data center would have the ability to strengthen the local self-sufficiency up to 8% with products that are competitive on the market.