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Gridless, Supported by Jack Dorsey, Harnesses Volcanic Energy for Bitcoin Mining in Kenya

business . 

Gridless, a forward-thinking company, is leveraging geothermal energy extracted from an extinct volcano to power sustainable Bitcoin mining operations. This innovative approach not only promotes environmentally friendly cryptocurrency mining but also provides crucial electricity to support local communities. By harnessing renewable energy sources in this manner, Gridless demonstrates a commitment to sustainability while contributing positively to the economic and social well-being of the regions it operates in.

Gridless, founded by Erik Hersman, has established a 500-kilowatt mining station in Kenya, leveraging renewable energy sources such as geothermal power from Hell’s Gate National Park. The company’s mission revolves around decentralizing Bitcoin’s network and leveraging stranded energy to benefit rural African communities. Through its innovative approach, Gridless provides cheaper electricity, powering thousands of homes in Kenya, Zambia, and Malawi. This initiative not only promotes sustainable cryptocurrency mining practices but also contributes to the socio-economic development of underserved regions in Africa.

Nestled amidst the scenic landscape near the dormant volcanoes of Hell’s Gate National Park in Kenya, Gridless operates a groundbreaking Bitcoin mining operation. What sets this venture apart is its reliance on renewable energy sources, specifically geothermal and solar power, to fuel its mining activities. With support from Jack Dorsey’s Block, Gridless represents a paradigm shift towards sustainability in the traditionally energy-intensive cryptocurrency mining sector.

The mining site, strategically located near Lake Naivasha, is home to a single containerized mining rig. This setup exemplifies Gridless’ innovative approach to leveraging renewable energy resources for cryptocurrency mining. By harnessing the natural power of geothermal and solar energy, Gridless not only reduces its carbon footprint but also showcases the feasibility of integrating renewable energy into the cryptocurrency industry.

Beyond its environmental benefits, Gridless is driven by a broader mission to decentralize Bitcoin’s network and empower rural African communities. Founded by Erik Hersman, the company aims to provide cheaper electricity while simultaneously powering thousands of homes in Kenya, Zambia, and Malawi. This dual focus on sustainable mining practices and community empowerment underscores Gridless’ commitment to driving positive change in both the cryptocurrency sector and the regions it serves.

Gridless CEO Erik Hersman is passionate about the mission to decentralize Bitcoin’s network, recognizing the significance of geographical and operational distribution in preserving the currency’s independence and security. By dispersing mining operations across diverse locations and tapping into renewable energy sources, Gridless contributes to strengthening the resilience and integrity of the cryptocurrency ecosystem.

Moreover, Gridless’ innovative approach serves a dual purpose by addressing pressing energy access challenges in Africa. With over 600 million people in rural regions lacking reliable electricity access, the company’s utilization of excess renewable energy sources helps electrify underserved communities. By repurposing stranded energy for Bitcoin mining, Gridless not only supports the growth of sustainable cryptocurrency practices but also facilitates economic development and empowerment in regions where energy poverty is prevalent. This holistic approach underscores Gridless’ commitment to driving positive social and environmental impact while advancing the adoption of renewable energy solutions in both the cryptocurrency sector and underserved communities in Africa.

Gridless’s strategic positioning of its mining operations near renewable energy sources not only minimizes energy consumption but also contributes to the stabilization and financial viability of renewable infrastructure development. By providing a steady demand for renewable energy, Gridless incentivizes investment in renewable projects, ultimately driving down electricity costs and promoting wider energy availability.This approach has had far-reaching impacts beyond cryptocurrency mining, facilitating the electrification of approximately 8,000 households across Kenya, Zambia, and Malawi. The provision of reliable electricity not only improves living standards but also enables economic activities such as agricultural storage, which relies on refrigeration and processing equipment powered by electricity.

Moreover, Gridless’s operations support local economies by powering essential community infrastructure, including public WiFi networks and electric vehicle charging stations. These initiatives contribute to the growth of sustainable and technologically advanced communities, fostering economic development and enhancing overall quality of life in the regions where Gridless operates.

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