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Bitcoin mining project in Kenya helps power rural community

Gridless Compute, a hydro-powered Bitcoin mining initiative, tweeted that the project has successfully powered a rural community and lowered its existing energy rates. A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin (BTC). On Dec. 9, Gridless Compute tweeted photos and commentary on how their hydro- power BTC mining rigs are power ing an entire rural settlement while also lowering Energy rates for 2,000 people, the equivalent to 500 families. According to the tweet, costs decrease from $10 per month to $4. All of this while securing BTC’s underlying blockchain network.  Powering a rural Kenya village and securing the #Bitcoin network with excess hydropower, all while lowering rates to 2000 people (500 families, ~$10/month to $4). @GridlessCompute pic.twitter.com/9GUlAU6265 — jack (@jack) December 9, 2022 Earlier this week, the project also shared results of a successful $...