Regarding this invitation, the geothermal development director Peketsa Mwangi has stated that they’re looking forward to promoting stability in Bitcoin mining through this provision.
There haven’t been reports of miners’ reactions to this news.
If KenGen successfully attracts Bitcoin miners to Kenya, many benefits will follow for the miners, the company, and the Kenyan government.
This is because of the inability to connect totally to the centralized grid, which costs a lot.
As per sources, the Kazakhstan government is already planning to earn at least $1.5 billion from the miners in a five-year duration.
Also, there will be a higher level of crypto exposure, adoption, and investment in Kenya.