Loading...
Market
Economic impact of Marathon Digital's investment on Kenyan communities by 2025
2
Resolution / Starting Odds
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
Economic impact assessments by Kenyan government or independent economic analysts
Story
Kenya Signs $80 Million Deal with Marathon Digital to Boost Renewable and Hydro-Powered Energy
May 24, 2024, 03:40 PM
Kenya has signed a historic deal with Bitcoin miner Marathon Digital Holdings to monetize underutilized energy and optimize renewable energy, including hydro-powered electricity, across the country. The agreement, which was announced during President William Ruto’s state visit to the US, involves an investment of over $80 million to establish green data centers. These centers aim to boost renewable energy utilization and foster economic growth. The partnership, in collaboration with the Kenyan Energy Ministry, will also focus on developing technology projects and geographically diversifying Marathon's hashrate.
View original story
Similar markets
No significant impact • 25%
Up to 0.5% GDP growth • 25%
0.5% to 1% GDP growth • 25%
More than 1% GDP growth • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
Up to 10% increase • 25%
10% to 20% increase • 25%
20% to 30% increase • 25%
More than 30% increase • 25%
Significant negative impact • 33%
Moderate negative impact • 34%
No significant impact • 33%
Expansion of operations • 25%
Reduction of operations • 25%
Diversification into new markets • 25%
No significant change in operations • 25%
Significant increase • 33%
Moderate increase • 33%
No change or decrease • 34%
Significant growth • 33%
Moderate growth • 33%
No growth or decline • 34%
Significant Impact • 33%
Moderate Impact • 34%
No Impact • 33%
Significant negative impact • 33%
Moderate impact • 33%
Minimal or no impact • 34%
Highly positive impact • 25%
Moderately positive impact • 25%
Neutral impact • 25%
Negative impact • 25%