The Africa blockchain ecosystem continues to grow in the last days, with some areas finding new ways to apply blockchain technologies, while others are looking for ways to regulate the ecosystem.
Solar energy to power crypto mining in Kenya
Bithub Africa, a blockchain-based start-up, has set out to save the environment while mining cryptocurrency. The company, which was formed by John Karanja to dispel the myths that cryptocurrency mining is degrading the environment, has found a way to harness solar power for use in mining cryptocurrencies. Due to the high electricity consumption, heat emitted by the mining machines and the noise associated with the entire process, activists are speaking against cryptocurrency mining and claim that, in the coming days, crypto mining will have a significant effect on the environment.
In an interview news.bitcoin.com, Karanja explained how the solar panel project works and how it has the potential to transform the crypto mining sector. He explained that by using the solar energy largely available in Africa, mining companies would be able to save the environment while cutting down on mining cost.
The solar project comprises of a simple setup that you would find in a standard home. It includes a 200-watt solar panel, which is connected to a charge controller that is linked to a battery. Energy is transmitted from the battery to an inverter, which transforms direct currency into an alternating current that is in turn used in the mining computer.
The use of solar plans has increased in all African countries as they have proved to be more reliable for most communities. Karanja believes that not only will solar power help mining companies protect the environments around them, but also be able to evade the high electricity rates charged by authorities.