MintGreen Closes Seed Financing – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Today, Canadian clean technology company MintGreen announced the close of a seed financing round as it prepares to deploy a large-scale commercial project to harvest heat from bitcoin mining, according to a press release shared with Bitcoin Magazine. The round was led by CoinShares Ventures, the investment arm of major digital asset firm CoinShares.

MintGreen’s focus is on shifting one of the main criticisms of Bitcoin — that the mining process consumes a lot of energy — into a positive, by recapturing this energy to heat and cool future cities.

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