Description
Gridless focuses on Bitcoin mining in Africa using distributed, renewable, and rural energy sources. The company works with mini-grid energy generators to make them financially viable by monetizing their full output capacity, acting as a buyer of last resort and an anchor tenant for new energy projects. This approach helps stabilize grids, lower power costs for communities, and allows Gridless to earn Bitcoin. They operate several mining sites across multiple African countries using hydro, geothermal, and biomass energy. Gridless has developed Gridless OS, a real-time optimization system to manage mining operations based on mini-grid parameters. The company is also a founding member of the Green Africa Mining Alliance (GAMA), which aims to share knowledge and support new renewable energy miners on the continent.