SATO Technologies’ Study Reveals Vast Potential for Reusing Heat from Bitcoin Mining to Reduce Energy Costs, Canada

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SATO Technologies’ Study Reveals Vast Potential for Reusing Heat from Bitcoin Mining to Reduce Energy Costs

A recent study conducted by SATO Technologies Corp. in collaboration with the University of Québec at Trois-Rivières has revealed promising findings regarding the potential for reusing heat generated from digital asset machines, specifically those used for Bitcoin mining. The study suggests that the heat generated by these machines can be harnessed and used to significantly reduce energy costs. The preliminary findings indicate that the recoverable heat energy potential ranges from 68% to 88% for the MicroBT WhatsMiner model and from 66% to 86.33% for the Bitmain Antminer model, depending on the cooling system employed and the surrounding conditions.

The study highlights the vast potential of reusing the heat waste from digital asset mining as a sustainable solution for reducing energy costs and mitigating environmental impact. By operating these machines, not only can Bitcoin be obtained but also valuable heat that can be repurposed for other projects. This not only validates the viability of heat recovery technologies but also paves the way for their adoption in the digital asset sector.

Yvan Guibault, a strategic advisor for SATO and one of the first shareholders, expressed satisfaction with the successful completion of this first step towards waste heat re-use, which was first initiated in 2018. With these new findings, SATO will be able to transition to the next level of application for large-scale industrial use of waste heat re-use.

The potential for heat recovery technologies to be adopted in the digital asset sector is significant. These advancements have the potential to greatly reduce the industry’s carbon footprint while meeting industrial heat demands. The study highlights the contributions of Alejandro Parrado-Duque, a PhD student at the University of Québec at Trois-Rivières, who was recognized for his active participation during the International Scientific Conference on Power and Electrical Engineering of Riga Technical University.

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The full study is available for further reading on SATO’s website.

SATO Technologies Corp., founded in 2017, is a publicly traded company that focuses on building digital infrastructures for Bitcoin mining, high power computing, artificial intelligence, and L2 networks. The company is known for its outstanding performance, financial stability, and top-tier team.

This news release contains forward-looking statements, and readers should exercise caution as these statements involve significant risks, uncertainties, and assumptions. The actual results may differ from those discussed or implied in the forward-looking statements. SATO Technologies Corp. assumes no obligation to update or revise these statements to reflect new events or circumstances.

In summary, the study conducted by SATO Technologies Corp. and the University of Québec at Trois-Rivières indicates that reusing the heat generated from Bitcoin mining machines has significant potential for reducing energy costs. The findings highlight the viability of heat recovery technologies and their potential to greatly reduce the industry’s carbon footprint. With further research and development, waste heat re-use may become a sustainable solution for the digital asset sector.

Frequently Asked Questions (FAQs) Related to the Above News

What is SATO Technologies Corp.?

SATO Technologies Corp. is a publicly listed company founded in 2017 that specializes in deploying efficient digital infrastructures for Bitcoin mining, High Power Computing (HPC), Artificial Intelligence (AI), and L2's. They have a strong reputation in the industry and are known for their performance, financial stability, and top-tier team.

What does the study conducted by SATO and the University of Québec explore?

The study explores the potential for reusing the heat generated from digital asset machines, specifically those used for Bitcoin mining, to address the growing concern of energy costs in the industry.

What were the preliminary findings of the study?

The preliminary findings indicate that the tested computers generate significant amounts of heat, with a recoverable heat energy potential ranging from 68% to 88% for the MicroBT WhatsMiner model and from 66% to 86.33% for the Bitmain Antminer model. These percentages may vary based on the cooling system and environmental conditions.

How can reusing heat generated from digital asset mining benefit the industry?

Reusing heat generated from digital asset mining can provide a sustainable solution to reduce energy costs and mitigate the environmental impact. By harnessing the waste heat, the industry can not only obtain Bitcoin but also utilize the excess heat for various projects.

Who expressed satisfaction with the completion of the study?

Yvan Guibault, a strategic advisor for SATO, expressed his satisfaction with the successful completion of this first step towards waste heat re-use. He stated that these new data points will facilitate the transition to large-scale industrial applications of waste heat re-use.

Who received recognition for their contributions to the study?

Alejandro Parrado-Duque, a PhD student under the mentorship of Professor Yves Dubé and Kodjo Agbossou, received recognition for his contributions to the study. He was awarded a prize for his active participation during RTUCON 2023, the International Scientific Conference on Power and Electrical Engineering of Riga Technical University.

Where can the full study be accessed?

The full study can be accessed on SATO's website for those interested in gaining more insights into the research.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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