uninterrupted energy

Kenya’s Gridless looks to advance Bitcoin mining-power model

By Dulue Mbachu

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Posted on August 14, 2023 14:42

© A representation of cryptocurrency Bitcoin is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic — A representation of cryptocurrency Bitcoin is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic

Tech-savvy startup plans to build renewable-energy-driven mini-grids in rural areas that would be funded through cryptocurrency mining investors.

Just one year after opening its Bitcoin data centre and renewable power plants, Nairobi-based startup Gridless is seeking a new round of funding to expand in further African markets, a step that is meant to attract crypto miners to the continent.

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