Mining News

Bitcoin in the bush – Cryon mining brings energy to rural areas

Many people do not know here or care about the Bitcoin mine who played a role in helping the water plant to continue to continue.

But soon they will see this container again walking in the city on its way to another location.

Zengamina Hydro has a great investment to help them expand more villages and join the national network.

Soon, the extra energy whose mine would be sold to the national network and the bitcoin will not be profitable in Zengamina.

Phillip and Team are accused of this and insist that this is good news. They will have a few successful years here, and in the end they are happy to help Zengamina. And make a profit in Bitcoin, of course.

The company says that there are many places called the so -called way that they can formulate their bitcoin mine next to it.

Gridless already contains six sites like this in three different African countries.

Another Bitcoin mine raises the extra energy from the photovoltaic factory run by Veronga National Park in the Congo. It helps to finance memorization projects, says the park.

But Gridless is now planning an ambitious next step – to build their water sounds from scratch to mines for bitcoin and bring electricity to rural areas.

Janet Mingi, co -founder of the company, says the company is busy collecting tens of millions of dollars for the project.

They focus on the so -called photovoltaic models in running such as in Zengamina and the continent has an abundance of “unexploited aquatic capabilities” she says.

“The adaptive energy model by the consumer is necessary to reach the developmentable energy at reasonable and sustainable prices that meets the needs of African societies,” she explained.

The company is not a charitable institution and believes that long -term economic authority for developers and investors can only be made through bitcoin.

Finding sites for a new factory or taking advantage of those present is the easy part.

The company is still facing resistance from some of the authorities and companies that see Bitcoin as an Erdid energy and a selfish use of electricity that the countryside can use.

But the company insists that the incentive is always selling to the highest buyer and that will always be the local community.

History tells us that without incentives or bases in place, bitcoin mining on a large scale can put pressure on public energy networks. In Kazakhstan in 2020-2021, the mining boom in the country’s energy use increased by 7 % before the government came down and the boards of prosperous industry were cut off.

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