Project Description

Generate heat and income at the same time by using the waste heat

Investor Visa Italy is pleased to offer a very interesting investment opportunity in an Italian startup company based in Bolzano.
The company has developed intelligent heating devices that generate cryptocurrencies while heating domestic and commercial environments.

Energy prices are skyrocketing and steadily rising. This is a worldwide problem because high energy prices and the associated bills are becoming increasingly difficult for households and businesses to meet. Gas prices are making heating more and more expensive and people are looking urgently for alternatives. Many also want to switch to sustainable heating which is however very expensive.
Another problem is waste heat, which is constantly increasing due to the power consumption of data centres, computers and blockchain. Despite the increasing efficiency of computing units, the demand for electricity for data centres continues to rise as more and more computing power is needed. The electricity used generates an amount of heat that also needs to be cooled in the large halls. Depending on how the electricity is generated, cooling or heat removal is an additional catalyst for global warming.
This startup company’s goal is to be part of the solution to the world’s current climate problem.

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Project Details

Cat: New Tech
ID: N22Y
REGION: South Tyrol