Monday, June 5, 2023
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
BitScoop
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
CRYPTO MARKETCAP
BitScoop
No Result
View All Result
Home Mining

Kenya invitations Bitcoin mining companies to faucet surplus geothermal energy

by BitScoop
June 4, 2022
in Mining
Reading Time: 2 mins read
A A
0
Kenya invitations Bitcoin mining companies to faucet surplus geothermal energy
Share on FacebookShare on Twitter

[ad_1]

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions!

Kenya is seeking to grow to be Africa’s first Bitcoin mining hub by inviting Bitcoin mining corporations to make use of surplus geothermal vitality to energy their operations, in keeping with native media outlet The Commonplace.

KenGen, the most important electrical energy producer in Kenya, disclosed that some mining companies have already approached it in regards to the matter. The corporate didn’t present the names of the businesses seeking to take it up on its provide. Nevertheless, Africa doesn’t have any Bitcoin mining companies, which means the businesses are more than likely from the U.S. or Europe.

Kenya at present produces 863 megawatts (MW) of geothermal energy, making it the most important geothermal vitality producer in Africa. KenGen didn’t disclose how a lot surplus electrical energy it gives however mentioned the businesses had approached it with completely different energy requests ranging from 20 MW.

The official plans contain having the businesses set up their mining farms at KenGen’s most important geothermal energy station in Olkaria, Naivasha. The facility plant is 123 kilometers from Kenya’s capital, Nairobi. In response to KenGen Geothermal Improvement Director Peketsa Mangi, the agency has ample house for the mining corporations to arrange their services.

Growing efforts to chop carbon emissions

By inviting crypto mining corporations to make use of its geothermal energy, Kenya has joined a listing of nations that seeks to advertise inexperienced crypto mining. An instance is the U.S., which is at present the most important crypto mining vacation spot, accounting for greater than 37% of Bitcoin’s (BTC) hashrate.

The biggest crypto mining states are Georgia (30.76%), Texas (11.22%), and Kentucky (10.93%). Georgia and Kentucky’s largest supply of electrical energy is hydropower. However, Texas will depend on pure fuel, wind, and photo voltaic vitality.

In the meantime, crypto-oriented corporations are more and more making an attempt to make BTC mining greener. Prior to now month, Jack Dorsey-led monetary providers agency Block, mining firm Blockstream, and car producer Tesla teamed as much as create a solar-powered crypto mining facility in Texas.

U.S.-based crypto mining agency Crusoe Power additionally secured an funding from the Oman authorities. By means of this funding, Oman seeks to assist the corporate set up a crypto mining facility in Muscat. The mining facility would use pure fuel – which Oman would in any other case flare- to energy its tools.

Get an Edge on the Crypto Market 👇

Turn into a member of CryptoSlate Edge and entry our unique Discord group, extra unique content material and evaluation.

On-chain evaluation

Worth snapshots

Extra context

Be a part of now for $19/month Discover all advantages

[ad_2]

Source link

Related articles

Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations – Mining Bitcoin News

Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations – Mining Bitcoin News

March 6, 2023
Marathon reports $410M of cash and Bitcoin following earlier 10-K delay

Marathon reports $410M of cash and Bitcoin following earlier 10-K delay

March 3, 2023
Tags: altcoinsBitcoinbitcoin pricebitcoin updatesbitscoopcrypto newscrypto updatesFirmsgeothermalinvitesKenyalatest bitcoin newsminingpowersurplustap
Share76Tweet47
Previous Post

How Russia’s Invasion of Ukraine Is a Litmus Check for Cryptocurrency Exchanges

Next Post

Solana Under $40 Amidst Community Outage, Are The Bears Again?

Related Posts

Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations – Mining Bitcoin News

Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations – Mining Bitcoin News

by BitScoop
March 6, 2023
0

Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United...

Marathon reports $410M of cash and Bitcoin following earlier 10-K delay

Marathon reports $410M of cash and Bitcoin following earlier 10-K delay

by BitScoop
March 3, 2023
0

Ad Crypto mining firm Marathon Digital Holdings published its February operations report on March 2, outlining its finances and hashrate...

Riot sees lower 2022 revenue despite more BTC mined; delays annual filing on Bitcoin impairment calculation issue

Riot sees lower 2022 revenue despite more BTC mined; delays annual filing on Bitcoin impairment calculation issue

by BitScoop
March 3, 2023
0

Ad Crypto mining firm Riot Platforms published its 2022 financial results on March 2 and reported that it would delay...

Now You Can Mine KASPA (KAS) on f2pool With 500K KAS Contest for Miners

Now You Can Mine KASPA (KAS) on f2pool With 500K KAS Contest for Miners

by BitScoop
March 2, 2023
0

2 Mar 2023 The f2pool has just launched its Kaspa mining pool today with a 1% PPLNS payout scheme for...

The Goldshell MINI DOGE II 420 MH/s Scrypt ASIC Miner is Now Available

The Goldshell MINI DOGE II 420 MH/s Scrypt ASIC Miner is Now Available

by BitScoop
March 1, 2023
0

1 Mar 2023 Goldshell has completed their new BOX II home-oriented mini miners line-up with the release of the MINI...

Load More
Next Post
Solana Under $40 Amidst Community Outage, Are The Bears Again?

Solana Under $40 Amidst Community Outage, Are The Bears Again?

An Overview About DeFi Lending. As corporations started exploring Blockchain’s… | by DEFIESCROW DEFIX | The Capital | Jun, 2022

An Overview About DeFi Lending. As corporations started exploring Blockchain’s… | by DEFIESCROW DEFIX | The Capital | Jun, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations

Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations

March 7, 2023
Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

March 7, 2023
Guide to Using Multisig Wallets to Secure Your Crypto [2023]

Guide to Using Multisig Wallets to Secure Your Crypto [2023]

March 7, 2023
Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth

Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth

March 7, 2023
The 2023 Guide to Avalanche’s Fuji Testnet & Avalanche Faucets

The 2023 Guide to Avalanche’s Fuji Testnet & Avalanche Faucets

January 10, 2023
BNB Faucet – The Full Guide to BNB Testnet Faucets

BNB Faucet – The Full Guide to BNB Testnet Faucets

January 12, 2023
Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

March 7, 2023
Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations

Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations

March 7, 2023
Guide to Using Multisig Wallets to Secure Your Crypto [2023]

Guide to Using Multisig Wallets to Secure Your Crypto [2023]

March 7, 2023
Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth

Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth

March 7, 2023
A Dozen Reasons Why the SEC Should Have Approved Grayscale’s Spot Bitcoin ETF

A Dozen Reasons Why the SEC Should Have Approved Grayscale’s Spot Bitcoin ETF

March 7, 2023
Judges Consider Grayscale’s Arguments In Bitcoin ETF Hearing Against SEC

Judges Consider Grayscale’s Arguments In Bitcoin ETF Hearing Against SEC

March 7, 2023
Facebook Twitter LinkedIn Tumblr
BitScoop

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Bitscoop

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Bitscoop.
Bitscoop is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT

Copyright © 2022 - Bitscoop.
Bitscoop is not responsible for the content of external sites.