Kenya currently has no tracked Bitcoin mining activity, but that could change in the near future if power company KenGen manages to attract miners to soak up its excess geothermal energy.
KenGen is currently running at a maximum generating capacity of 863 MW after installing another geothermal power plant in AprilBy inviting miners to the country, KenGen may be able to accomplish several goals at once. It can increase, which has come under great scrutiny around the globe. Mining consumes 119.5 TerraWatt hours per year, more than the entire country of the Netherlands, according to CBECI. Only 31 countries consume more energy.
It may also drive demand for more development in KenGen’s power grid to increase total supply and reduce cost. Kenya currently has the 12th most expensive electricity in the world where one kilowatt hour costs about $0.22 according toThe high cost of electricity in the country may be due to its electrification rate.
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