The company also collected the waste heat from its mining equipment, to recycle it, reuse it, and increase its value.
While Heatmine no longer appears to be in business, in 2019 Heatmine began testing a system of decentralized mining machines that link to external heating systems, like those found in homes and businesses.
Charles Mandel’s reporting and writing on technology has appeared in Wired.com, Canadian Business, Report on Business Magazine, Canada’s National Observer, The Globe and Mail, and the National Post, among many others.