Canaan launches pilot converting Bitcoin mining heat to power greenhouse heating
Summary
Canaan Inc., a manufacturer of crypto mining equipment, has started a 3MW pilot project in Manitoba, Canada, designed to convert waste heat generated by Bitcoin mining into thermal energy for a tomato greenhouse. This initiative, developed in collaboration with Bitforest Investment, utilizes 360 liquid-cooled servers and aims for a 90% energy conversion efficiency into usable heat. This project signifies Canaan's expansion into applying heat recovery solutions using its mining hardware within agricultural environments.
(Source:Crypto Briefing)