Bitcoin Mining in Zambia's Bush
This is a Zambia news story, published by BBC, that relates primarily to Zengamina news.
Zambia news
For more Zambia news, you can click here:
more Zambia newsZengamina news
For more Zengamina news, you can click here:
more Zengamina newsNews about Africa business & economics
For more Africa business & economics news, you can click here:
more Africa business & economics newsBBC news
For more news from BBC, you can click here:
more news from BBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about Africa business & economics, you might also like this article about
remote Zambia. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Zambian bush news, cheap electricity news, news about Africa business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
ZambiaBBC
•World
World
Bitcoin in the bush - crypto mining brings power to rural areas
72% Informative
Bitcoin miners in remote Zambia set up in shipping container with 120 computers.
Each machine makes about $5 ( 3.90 ) a day, more if the price of coins is high, less if it drops.
Zengamina hydro-electric plant is huge but technically it's a mini grid - a standalone island of power for the local community.
Zengamina Hydro has secured a large investment to help them expand to more villages and join up to the national grid.
The excess energy the mine was harvesting will be sold back to the grid and mining bitcoin will no longer be profitable.
Gridless now plans an ambitious next move - to build their own hydro-plants to mine for bitcoin and bring electricity to rural areas.
VR Score
70
Informative language
65
Neutral language
48
Article tone
informal
Language
English
Language complexity
43
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
3
Source diversity
1
Affiliate links
no affiliate links
Small business owner?