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Market
Success level of tech diversification in Marathon's Kenyan operations by 2025
4
Resolution / Starting Odds
Highly successful • 25%
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Reports from Marathon Digital or tech industry analysis
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.
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