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Bitcoin mining is heating thousands of homes in Finland

Gail P Sherman
Jan 20, 2026
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64GTX/Shutterstock

As of 2025, Bitcoin mining accounts for 0.83% of global electricity use. The mining rigs produce massive heat while performing complex calculations to “earn” coins. That excess heat is usually wasted, with few exceptions. Florida-based MARA Holdings is redirecting that otherwise wasted energy to heat homes in Finland, Grist reports.

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