No Power Grid? This African Village Mines Bitcoin for Electricity
2024-2-1 06:15:27 Author: hackernoon.com(查看原文) 阅读量:12 收藏

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No Power Grid? This African Village Mines Bitcoin for Electricity by@antagonist

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African village Bondo built a micro-hydro grid to mine Bitcoin and power 1,800 homes. Earns enough from crypto mining to sustain the system. Most efforts at electrification in Africa have struggled. But Bondo self-financed access through Bitcoin mining innovation. Bondo's micropower grid avoids costs/issues with national grids and utilities. Uses renewable micro-hydro energy. Provides affordable, pay-as-you-go electricity. Scaling these off-grid solutions is difficult. Requires expertise, funding, policy support. But holds great potential for rural development. Other projects also using crypto to drive decentralized electrification - allowing people to buy/sell solar power with Bitcoin. Crypto mining enables self-reliant progress. Taps abundant renewables rather than aid. Could inspire cities struggling with blackouts too. The key is starting small, focused on communal needs. Then blockchain technology can strategically empower the energy poor with new possibilities.

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Aremu Adams Adebisi HackerNoon profile picture


@antagonist

Aremu Adams Adebisi


Multi-award-winning freelance tech writer with expertise in fintech, especially Web3 & cryptocurrency.


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