Marathon Digital Partners with Kenya on Renewable Energy, Plans $80M Investment in Crypto Mining
Marathon Digital, a prominent cryptocurrency mining company, has entered into a significant renewable energy agreement with Kenya, signaling a noteworthy investment in the country’s renewable energy sector. By committing to invest $80 million, Marathon Digital aims to expand its bitcoin mining operations while leveraging Kenya’s renewable energy resources. This move not only underlines the company’s strategy to enhance its sustainable mining practices but also represents a substantial foreign investment in Kenya’s burgeoning renewable energy landscape. The collaboration highlights the growing trend of integrating renewable energy sources into the cryptocurrency mining industry, aiming to reduce the environmental impact associated with such operations.