Heat is the product.
Bitcoin mining turns electricity into heat with near-perfect efficiency. We built a company around not wasting it. Our sites recover that heat and sell it to the people who need it: heat networks, industry, agriculture. The result is two revenues from every megawatt, and a mining operation that pays its way in warmth.
Three ways to work with us.
Heat-reuse mining sites
We develop, build and operate liquid-cooled Bitcoin mining sites with heat recovery designed in from day one. The heat goes to a buyer next door; the hashrate goes to the network.
- Site selection and heat-offtake agreements
- Engineering: cooling loop, heat pumps, grid connection
- Long-term operation with heat supply guarantees
Help doing it yourself
For energy companies, heat networks, landowners, industrial sites and miners who want heat reuse in their own project. We bring the work we have already done.
- Feasibility and siting studies
- Heat-offtake and power-supply structuring
- Regulatory, tax and permitting pathway
- Technical design and equipment procurement
The engine underneath
Mining is what makes the heat. We run modern, efficient hardware, we can flex the load to help balance a grid, and we are comfortable with Bitcoin as both the product and the treasury.
- Liquid-cooled, latest-generation fleet
- Flexible load for grid balancing services
- Transparent, long-horizon treasury policy
Heat is a product, not a problem.
Conventional data centres spend energy making heat and then spend more energy getting rid of it. We put a buyer at the end of the pipe.
Low-carbon electricity
Hydro, wind, nuclear or surplus power, wherever it is cheapest and cleanest.
Liquid-cooled miners
Machines run hot by design. Coolant carries the heat away instead of fans blowing it into the sky.
Heat pump
Industrial heat pumps lift the recovered heat to the temperature the buyer needs, up to 85 °C for heat networks.
Delivered to a buyer
A heat network, a greenhouse, a factory, a fish farm. Heat that would have gone to the sky replaces heat that would have been burned.
We go where the conditions are right.
A heat-reuse site works where three things meet. We evaluate sites anywhere they do. Our first projects are in development in the Nordics, with further sites under evaluation in Europe and beyond. Our holding company is in Switzerland.
- Low-cost, low-carbon electricityEnough of it, reliably, at a price that makes mining worthwhile on its own.
- A buyer for the heatA heat network, an industrial process or a farm close enough to connect.
- Rules that reward heat recoveryA regulatory and tax environment that treats recovered heat as the asset it is.
Let's turn wasted heat into shared value.
Project and consulting enquiries welcome. We reply to every serious message.
- Heat networks and energy companies looking for low-carbon base-load heat
- Industrial sites, greenhouses and farms with steady heat demand
- Landowners and grid partners with power availability
- Miners who want heat reuse in their own operation
- Investors — a separate overview is available on request