.GridlessCompute has two goals: help push the electrical infrastructure in Africa further to the rural edges and provide more decentralization to the Bitcoin network. gckaloudis reports from a conversation with whiteafrican for ProjectsToWatch2023:
Gridless wasn’t born with a focus on bringing bitcoin mining to rural Africans. The company’s main aim was to offer affordable energy through microgrids. Bitcoin just uniquely enabled that capability. Bitcoin mining, the process in whichand how new bitcoins are minted, is immensely useful to Gridless because it is geography agnostic – unlike say precious metals mining where operations need to be set up where the precious metal exists.
That community now has access to electricity and the energy producer can turn a profit thanks to bitcoin mining. But with Bitcoin as part of its business plan, Gridless has two goals: help push the value of electrification in Africa further to the rural edges and provide more decentralization to the Bitcoin network. To achieve these goals Gridless designs, builds and operates bitcoin mining sites alongside small-scale renewable energy producers in rural Africa.
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