Gridless, a bitcoin mining firm, has raised $2 million in a seed funding spherical led by Twitter co-founder Jack Dorsey’s fee firm Block (SQ) and enterprise agency Stillmark. Gridless helps generate new sources of power in East African rural communities. The funding will help the corporate’s enlargement of bitcoin mines throughout African markets. In its first yr, Gridless has contracted 5 mission pilots in rural Kenya with African hydroelectric power firm HydroBox.
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