Genesis Digital Assets (GDA), a global leader in bitcoin mining with a strong focus on hash rate, highlighted its commitment to clean energy and innovation during the Bitcoin MENA conference in Abu Dhabi. The company recently launched a data centre in Argentina that repurposes flared gas to reduce methane emissions, as well as a heat repurposing initiative in Sweden aimed at preventing snow-clearing vehicles from freezing and ensuring roads remain open for traffic.
In Sweden, GDA's greenhouse initiative produces a variety of fresh vegetables, providing nutritious food for students, young children, and town hall employees. This initiative demonstrates how heat generated by bitcoin mining can contribute to agricultural and community benefits.
"Looking ahead, we remain committed to sustainability and innovation," said Abdumalik Mirakhmedov, Co-Founder and Executive President of GDA, during the opening day of the Bitcoin MENA conference. "We will continue to explore new technologies, expand our use of renewable energy, and build partnerships that benefit both the environment and the communities we serve. The future holds immense potential, and we are eager to help create a more sustainable and resilient bitcoin mining industry."
Mirakhmedov participated in a panel discussion on bitcoin mining as a catalyst for sustainable energy at the event, held at ADNEC Centre in Abu Dhabi. He views the conference as an opportunity to showcase bitcoin mining as a dynamic and evolving field that not only supports the bitcoin network but also drives progress in renewable energy adoption.
This year, GDA has expanded its operations in South America and Sweden, focusing on increased capacity, efficiency, and sustainability. In May, the company announced a new data centre in Rincón de Los Sauces, Argentina, its first venture in South America. The facility uses stranded gas that would otherwise be flared, significantly reducing methane emissions and demonstrating the positive environmental impact of bitcoin mining.
In Sweden, GDA's innovative project in Norsjö uses heat from a data centre to warm a large garage, ensuring snow-clearing trucks remain operational during freezing temperatures as low as -25°C. The project is powered by renewable electricity from a nearby hydroelectric power station. Meanwhile, in Boden, GDA's greenhouse project supports sustainable agriculture by leveraging the heat by-products of bitcoin mining. The greenhouse produces a variety of fresh produce year-round, including strawberries, raspberries, kale, cucumbers, herbs, microgreens, and tomatoes, which are incorporated into the diets of students, preschool children, and municipal employees.
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