Canada-based cleantech crypto miner, MintGreen has said that beginning from 2022, it will be partnering with Lonsdale Energy Corporation to supply heat to residents of North Vancouver in British Columbia.
According to the announcement made on Thursday, MintGreen claims that its “digital boilers” are capable of preventing at least, 20,000 metric tons of greenhouse gases per megawatt, from polluting the atmosphere. The company then went on, claiming that any recovered energy, will not be going to waste. Instead, MintGreen insists that whatever energy is recovered, will now be used to supply heat to residents of North Vancouver — the city with a population of about 155,000.. This means that about 100 buildings (both residential and commercial), will be getting heat supply when the whole project starts in 2022.
What does MintGreen hopes to achieve with this partnership?
Speaking about the partnership, the CEO of MintGreen, Colin Sullivan explains the idea behind the merger. He says that the primary focus is actually about climatic changes and the quest for clean energy. Recall that a December 2020 report by the Global Alliance for Buildings and Construction, puts nearly 38% of all carbon dioxide emissions in city areas, to be from building operations as well as their construction.
Now however, it’s quite common seeing most crypto users that are struggling to cope with the cold during winter, often turning to mining rigs for heat solutions. But MintGreen has now partnered with the Shelter Point Distillery and the Vancouver Island Sea Salt facility, so that it can be selling off heat waste generated during the mining of BTC, in order to power some parts of the operations of these two companies.
According to MintGreen, the company is hoping to begin this initiative in 2022. In fact, hopefully before one of Canada’s very severy winters starts again. So far, the lowest recorded temperature for North Vancouver is nearly -20° C.
