KenGen, Kenya’s renewable energy-focused generation company, will provide bitcoin miners with excess mining. The standard writes about it with reference to Pekets Mwangi, director of geothermal energy development at the company.

“We will accept them here because we have areas close to electricity sources that contribute to stability,” he said.

According to the publication, KenGen has free space near one of the geothermal stations in the Olkaria region. This space is planned to be leased to businesses that issue the first cryptocurrency.

According to the local Capital FM newspaper, KenGen generates approximately 713 MW of power. The company claims that 86% of it comes from renewable sources, mostly geothermal and hydropower.

KenGen believes that attracting miners has stimulated demand for further development of the company’s ecosystem. The use of green energy will also increase the environmental sustainability of bitcoin mining businesses.

Earlier, El Salvador began testing mining of the first cryptocurrency on geothermal volcanic energy. The initiative was not without criticism – Ricardo Navarro, winner of the prestigious award among environmentalists, noted that the use of these resources will cost more than burning oil.

Recall that in April 2022, a group of US congressmen applied to the Environmental Protection Agency with a request to control the mining industry for environmental risks and compliance with relevant laws.

The Bitcoin Mining Council dismissed these concerns.