Bitcoin mining brings more than money to this East African country
A Bitcoin (BTC) mining project that taps into clean, stranded and excess hydro energy in Malawi has picked up steam. The company behind the project, Gridless, shared that there are now “1600 families connected to this remote hydro mini-grid in the mountains of southern Malawi.”1600 families connected to this remote hydro minigrid in the mountains of southern Malawi.
They have 50kW of stranded energy that we are testing out as a new Bitcoin mining site. Videos for context. Still working on venting, wiring, etc.
pic.twitter.com/Sxf8ABGPWHThe project exploits 50 Kilowatt (kW) of stranded energy to test out as a new Bitcoin mining site.
Erik Hersman, CEO and co-founder of Gridless, told Cointelegraph that while it’s a brand new mining project, the “Impact was immediately felt.”Bitcoin miners are flexible but energy-hungry clients.
Read more on cointelegraph.com
