Image: Genesis Digital Assets · Original source.
Renewables and heat reuse
GDA reports a heat-repurposing collaboration with Muttern Fastigheter that supplies hot air to local buildings using electricity described as hydroelectric.
- Project at a glance
- 90,000 m³/h hot air reported
- Source date and context
- 2025 operator report
- Published financial detail
- The sources reviewed do not include full project accounts.
- Our comparison
- A UK example per 1,000 miner kWh
About 5 minutes to read
Sending warm air to a neighbouring building
GDA's account describes a partnership with Muttern Fastigheter that uses mining exhaust air to heat nearby buildings. It reports an airflow of 90,000 m³ per hour and describes the electricity supply as hydroelectric. The arrangement is relatively direct: collect the hot air and move it to a place that needs it. Duct length, leakage and fan power still affect how much useful heat arrives.
Air volume is only part of the calculation
The airflow figure is not a thermal output rating. Calculating heat requires the temperature difference as well as the amount of air moved and the hours of operation. The receiving building also needs a credible baseline. Warming air that the building did not previously need is a new service, rather than a saving on an existing heating bill.
What the numbers could look like in the UK
The calculation below uses assumed UK prices to show how the costs fit together. It is our example, not this project’s reported earnings. Replace the inputs with current machine estimates and the costs at your own site.
Illustrative UK calculation
Income and running costs
1,000 kWh used by miners, plus 50 kWh for pumps and fans. All amounts in pounds.
Operating contributionBefore equipment and installation costs
−£9.60−0.96p per miner kWh
This example buys electricity at 12p/kWh and values useful heat at 6p/kWh. These are assumed prices. The heat value should be replaced with the actual cost of the heating you would otherwise use, or the price a customer agrees to pay.
| Mining income | 8p per miner kWh; an assumed rate, not a live earnings estimate |
|---|---|
| Electricity | 12p/kWh × 1,050 kWh = £126.00 |
| Pool fee | 2% of gross mining income |
| Useful heat | 80% of miner electricity = 800 kWh; valued at 6p per delivered kWh |
| Other running costs | £10 per 1,000 miner kWh; an allowance to replace with your own costs |
| Costs still to add | Equipment, installation, finance, tax, depreciation, major replacements and any costs above the allowance |
The contribution is what remains from mining income and useful heat after the stated running costs. It is not net profit: the equipment and other excluded costs still have to be recovered. Pumps and fans use electricity but earn no mining income in this calculation.
| Gross income per miner kWh | Without heat value | With useful heat |
|---|---|---|
| 5p | −£87.00 | −£39.00 |
| 8p Chart example | −£57.60 | −£9.60 |
| 11p | −£28.20 | £19.80 |
- Mining income needed to cover running costs
- 8.98pper miner kWh
- Highest electricity cost or export value supported
- 11.09pper total electricity kWh
These are two ways to read the same example. Adding equipment costs or a larger maintenance allowance raises the income needed and reduces the electricity price the project can afford.
Compare heating options and work out annual costs
Use the heating system you would actually choose as the comparison. For example, a heat pump using electricity at 20p/kWh with a seasonal COP of 3 has an electricity cost of about 6.67p per kWh of heat. A resistance heater at that tariff uses 20p per kWh of heat. These are calculation examples, rather than measurements from this project.
For an annual estimate, use the miner electricity expected during hours when running makes sense. Scale the contribution by annual miner kWh divided by 1,000, then deduct fixed annual costs. Recalculate if electricity prices, mining income or usable heat change.
Simple payback is the total installed cost divided by positive annual cash contribution. There is no payback under a scenario with zero or negative contribution. The sources reviewed here do not provide the full project accounts needed to calculate an actual payback for this installation.
Measure a heating saving in kWh
For air heating, duct routing and airflow are as important as the miner’s rated power.
Log airflow, temperatures before and after heat delivery, fan power and occupancy. Establish the building’s previous heating requirement and control conditions.
Questions worth asking
- Does warm-air delivery replace a real heating load?
- How are noise, filtration and pressure losses managed?
Try your own electricity and heat figures
Compare available miners and dated earnings estimates. Include heat only where you can use it or have a customer for it.
Sources and photographs
Sources checked on 29 September 2026. Project facts and quotations come from the publications below; the UK calculations and practical assessment are The Mining Shop’s analysis. This article is based on published material, rather than a site visit.
Photographs: Genesis Digital Assets (source).
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