Lisk Blockchain, a core blockchain ecosystem with significant roots in Africa, unveiled its second Cohort of promising African ventures in its renowned Lisk Incubation program. In Brief Lisk Incubation Program offers six months of intensive mentorship, access to protocol tools, and up to $100K funding for African Web3 startups. Cohort 2 features 20 diverse ventures—from SACCO…
TL;DR, Bitcoin mining in Ethiopia has attracted $250 million in investment through Project Mano, leveraging GERD’s 5,150 MW hydropower capacity despite 15 million homes lacking electricity. Ethiopia allows Bitcoin mining under “data mining” licenses while banning cryptocurrency trading, creating a regulatory paradox that attracts operators but raises transparency concerns. With 25 companies generating…
TL:DR, Crypto mining is being revitalized by Binance’s cloud mining service, Tether’s Volcano Energy project, and DCG’s $100M Foundry investment despite declining popularity. Despite the shift to Proof-of-Stake, major blockchain companies are investing millions to resurrect POW mining through sustainable and corporate-scale operations. Binance, Tether, and Digital Currency Group are leading initiatives to transform mining…
You must be logged in to post a comment.