Description
Gridless is a pioneering project leveraging Bitcoin mining to drive the development of renewable energy in Africa's rural and underserved communities. Its business model involves using Bitcoin mining operations as the anchor tenant for new renewable energy sources, such as hydro projects, essentially ensuring a steady, high-demand consumer for the energy produced. This approach not only aids in the sustainability and expansion of renewable energy projects but also contributes to economic growth within these communities by providing employment opportunities and improving local infrastructure. Through creating a mutualistic relationship between innovative blockchain technology and the essential expansion of clean energy access in Africa, Gridless aims to foster both environmental sustainability and regional economic development.
Gridless is a pioneering project leveraging Bitcoin mining to drive the development of renewable energy in Africa's rural and underserved communities. Its business model involves using Bitcoin mining operations as the anchor tenant for new renewable energy sources, such as hydro projects, essentially ensuring a steady, high-demand consumer for the energy produced. This approach not only aids in the sustainability and expansion of renewable energy projects but also contributes to economic growth within these communities by providing employment opportunities and improving local infrastructure. Through creating a mutualistic relationship between innovative blockchain technology and the essential expansion of clean energy access in Africa, Gridless aims to foster both environmental sustainability and regional economic development.
