Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

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Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

Kenya has been consulting with bitcoin mining company Marathon Digital Holdings to hear its thoughts on energy and its crypto regime.Marathon Digital , one of the largest bitcoin mining companies, has held talks with Kenya to help manage the country's renewable energy through mining and develop its crypto regime.

Enter Marathon, which believes that its technology can help solve this power management problem for Kenya. Since bitcoin mining operations can be very mobile, companies are able to set up sites wherever they are needed to help balance the power grid. "So, the technology we bring to bear can help to monetize and optimize some of these energy assets," Browder said.The conversation between Marathon and Kenya may have started with renewable energy solutions, but it ended with the country's president asking for the company's thoughts on a crypto regime, according to Bowder.

 

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