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Canadian city becomes first to heat buildings through Bitcoin mining

Nihal Krishan of The Washington Examiner reports that North Vancouver has become the first city to heat buildings through bitcoin mining.

The C3 Take
  • North Vancouver will use digital boilers which recover more than 96% of the electricity that is used in bitcoin mining in the form of heat energy.
  • In an effort to reduce the emissions of energy-intensive bitcoin mining, we have recently begun to see bitcoin companies partner with nuclear energy providers to power their operations.
  • North Vancouver’s efforts could be serve as a launchpad for future cities to use bitcoin mining to heat their homes.

“North Vancouver announced Thursday it would become the world’s first city to be heated almost entirely by bitcoin mining, an innovative way to tackle climate change by creating valuable cryptocurrency coins and usable thermal energy at the same time.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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