How a Jack Dorsey-backed bitcoin miner uses a volcano in Kenya to turn on the lights in rural homes
Publishing timestamp: 2024-04-20 10:16:38
Summary
Gridless, backed by Jack Dorsey's Block, operates bitcoin mines in Kenya, Malawi, and Zambia, using renewable energy sources to power their operations. The company's mission is to secure and decentralize the bitcoin network while also providing electricity to households in Africa. Bitcoin mining can help unlock trapped renewable energy sources and make them economically viable.
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Keywords: bitcoin, fintech, marathon digital holdings inc, bitcoin/usd coin metrics, cryptocurrency, technology, block inc, energy, breaking news: technology, core scientific inc, business news,