Articles for tag: Bitcoin Mining, community development, Gridless, hydroelectric power, local economy, renewable energy, Zambia

Market News

Bitcoin Mining: Empowering Rural Zambia with Sustainable Energy Solutions and Economic Growth

In the remote northwestern region of Zambia, a bitcoin mine operates near the Zambezi River, utilizing energy from the Zengamina hydroelectric plant. Before the Kenyan company Gridless arrived, excess power from the plant was wasted, making electricity costly for local residents. Now, Gridless’s mining operation generates 30% of the plant’s revenue, significantly benefiting the town ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto