Mining

The African Village Mining Bitcoin

Bondo is a scattered cluster of villages in a remote region of Malawi near the border with Mozambique. It sits in the foothills of Mount Mulanje, where residents rely on their feet for transport and a few crops to feed their families. Yet unlike in most places in this impoverished country, when night descends they […]

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Original Article By: https://unherd.com/2024/01/the-african-village-mining-bitcoin/

East Africa: Environmentally Minded Bitcoin Mining Company “Gridless” Acquires $2m for East African Expansion Drive

  Gridless is a company involved in rural electrification and community projects in Kenya and has acquired $2m to expand into other East African markets. Jack Dorsey’s Block Inc is part of the companies that have contributed to the funding round for the bitcoin miner. Gridless, an environmentally minded bitcoin mining company in rural Kenya, has

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Original Article By: https://thisisafrica.me/politics-and-society/bitcoin-gridless-acquires-2m-for-east-african-expansion/

Bitcoin Mining in Africa: One of the World’s Cheapest Place to Mine BTC

The profitability of mining Bitoin depends in great part on the cost of electricity and soaring energy prices across the globe are impacting bitcoin mining operations. Given the amount of energy required to mine 1 BTC, the cost of energy crisis is understandably of the main factors mining companies must consider when looking to maximise

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Photo Credit: Adobe Stock