Gridless is backed by Jack Dorsey's Block to operate bitcoin mining farms in Kenya, Malawi, and Zambia
2024-04-21 03:55:57
According to CNBC, Gridless has received support from Jack Dorsey's Block to operate bitcoin mining farms in Kenya, Malawi, and Zambia. It is reported that the company already owns six mining farms, powered by renewable energy inputs, and is committed to the broader mission of protecting and decentralizing the bitcoin network. It is reported that bitcoin miners have made renewable energy in Africa economically viable, electricity suppliers benefit from selling previously discarded energy, and power plants sometimes reduce costs for customers.
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