led by Bitcoin (BTC) cryptocurrenciesremains on the agenda of many countries as it is adopted by more and more people. These digital assets utilizing blockchain technology are expected to become widespread in the future due to the conveniences provided. However, as with any new technology, there are some negative aspects of cryptocurrencies.

Perhaps the greatest of these, environmental impacts of cryptocurrency mining† Research has shown that the global Bitcoin is in a year. consumes as much electricity as Argentina and reveals that it causes major carbon emissions. For this reason, authorities are trying to divert crypto mining to renewable energy sources. Now a step in this regard has come from a country in East Africa.

Kenya Urges Bitcoin Miners To Use Geothermal Energy In The Country

East African country with 53 million inhabitants from kenya a company made a move towards Bitcoin miners. KenGen The company, which has the name and title of the largest energy producer in the country, invited the miners to take advantage of the renewable energy facility near the capital Nairobi.

The company owns the majority of 86% of the energy it produces. geothermal stated that it consists of renewable energy sources. A local news source also reported that KenGen may rent out the geothermal power plant in the Olkaria region to Bitcoin miners. Peketsa Mwangi, a company official, stated in his statements his willingness to do so, saying:We can host them here. We have enough space and resources.”

According to Cointelegraph, it can be argued that the company is quite eager on this point, but the news shows that the miners have not yet turned to Kenya. The data also shows that the country is not currently home to any known mining activities. However, the region’s estimated energy capacity of 10,000 MegaWatt has made Kenya a resource for miners. can make it an ideal place will be mentioned.

Finally, it is argued that such a situation could be important to increase the sustainability of cryptocurrency mining. It is also said that the miners’ turn here could be beneficial for Kenya as it could increase the overall supply and reduce costs. According to 2021 data, the country is expected to cost $0.22 per kilowatt hour (KWh). 12th most expensive electricity in the world owner.