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Kenyan Volcano Powers Rural Homes with Innovative Bitcoin Mining Project Backed by Jack Dorsey


by BTC-Pulse
Bitcoin mining rigs powered by geothermal and solar energy near Hell's Gate National Park, Kenya, facilitating rural electrification.

Bitcoin Mining Meets Renewable Energy in Kenya

In a remote part of Kenya, a groundbreaking project is demonstrating how Bitcoin mining can go hand in hand with rural electrification. Supported by Jack Dorsey’s Block through the startup Gridless, this initiative uses the natural resources of a dormant volcano to power mining operations and help light up local homes.

image 27
Source by coinmarketcap

Harnessing Volcanic Power for Crypto Mining

The operation is situated near the storied Hell’s Gate National Park, an area known for its rich geothermal activity. Here, Gridless has installed a mobile mining unit that not only uses solar panels but is also hooked up to nearby geothermal energy sources.

This setup isn’t just about cryptocurrency; it’s a dual-purpose venture that brings much-needed electricity to surrounding communities, showing a symbiotic relationship between advanced technology and traditional living needs.

Gridless’ Widespread Impact

Led by Erik Hersman, Gridless now operates six mining sites across Kenya, Malawi, and Zambia, each powered by sustainable energy. Hersman explains the vision behind their operations, emphasizing the importance of global distribution of Bitcoin mining to maintain and decentralize the network.

In regions starved of electricity, Gridless not only fuels their mining operations but also supports local infrastructure—providing power for homes, businesses, and even public utilities like WiFi and electric motorcycle charging stations.

The Future of Crypto Mining and Renewable Energy

The strategy employed by Gridless could herald a new era in cryptocurrency mining, where renewable energy not only powers the mines but also supports local communities. This model, which also includes initiatives for containerized cold storage and public WiFi, could set a precedent for future projects worldwide.

By making use of underutilized renewable resources, Gridless and similar companies are positioning themselves at the forefront of a shift towards more sustainable and community-supportive cryptocurrency mining practices.

Read the article at BTC-Pulse

Read More

Hashrate Rebounds to 966 EH/s, Edging Within Striking Distance of a New Peak

Hashrate Rebounds to 966 EH/s, Edging Within Striking Distance of a New Peak

As bitcoin holds around $116,000 mark, the network’s hashrate is steadily pushing its...
Bitcoin Miner TeraWulf Announces $400M Private Notes – Data Center Push, $60M Upsize Option

Bitcoin Miner TeraWulf Announces $400M Private Notes – Data Center Push, $60M Upsize Option

Key Takeaways: TeraWulf announced a $400M private offering of convertible notes, wit...

Kenyan Volcano Powers Rural Homes with Innovative Bitcoin Mining Project Backed by Jack Dorsey


by BTC-Pulse
Bitcoin mining rigs powered by geothermal and solar energy near Hell's Gate National Park, Kenya, facilitating rural electrification.

Bitcoin Mining Meets Renewable Energy in Kenya

In a remote part of Kenya, a groundbreaking project is demonstrating how Bitcoin mining can go hand in hand with rural electrification. Supported by Jack Dorsey’s Block through the startup Gridless, this initiative uses the natural resources of a dormant volcano to power mining operations and help light up local homes.

image 27
Source by coinmarketcap

Harnessing Volcanic Power for Crypto Mining

The operation is situated near the storied Hell’s Gate National Park, an area known for its rich geothermal activity. Here, Gridless has installed a mobile mining unit that not only uses solar panels but is also hooked up to nearby geothermal energy sources.

This setup isn’t just about cryptocurrency; it’s a dual-purpose venture that brings much-needed electricity to surrounding communities, showing a symbiotic relationship between advanced technology and traditional living needs.

Gridless’ Widespread Impact

Led by Erik Hersman, Gridless now operates six mining sites across Kenya, Malawi, and Zambia, each powered by sustainable energy. Hersman explains the vision behind their operations, emphasizing the importance of global distribution of Bitcoin mining to maintain and decentralize the network.

In regions starved of electricity, Gridless not only fuels their mining operations but also supports local infrastructure—providing power for homes, businesses, and even public utilities like WiFi and electric motorcycle charging stations.

The Future of Crypto Mining and Renewable Energy

The strategy employed by Gridless could herald a new era in cryptocurrency mining, where renewable energy not only powers the mines but also supports local communities. This model, which also includes initiatives for containerized cold storage and public WiFi, could set a precedent for future projects worldwide.

By making use of underutilized renewable resources, Gridless and similar companies are positioning themselves at the forefront of a shift towards more sustainable and community-supportive cryptocurrency mining practices.

Read the article at BTC-Pulse

Read More

Hashrate Rebounds to 966 EH/s, Edging Within Striking Distance of a New Peak

Hashrate Rebounds to 966 EH/s, Edging Within Striking Distance of a New Peak

As bitcoin holds around $116,000 mark, the network’s hashrate is steadily pushing its...
Bitcoin Miner TeraWulf Announces $400M Private Notes – Data Center Push, $60M Upsize Option

Bitcoin Miner TeraWulf Announces $400M Private Notes – Data Center Push, $60M Upsize Option

Key Takeaways: TeraWulf announced a $400M private offering of convertible notes, wit...