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African internet company launches Bitcoin mining facility

Tuesday 8 March 2016 11:46 CET | News

Ghana-based IT solutions company Ghana Dot Com (GDC) has launched a Bitcoin mining facility it claims is the first in Africa.

GDC said that its support of Bitcoin is a bid to help drive cryptocurrency adoption in Africa as it believes the digital currency, and its underlying distributed ledger, the blockchain, have the ability to change global finance.

The company did not provide further details on its mining facility, but claimed its farm is now producing several hundred terahashes per second of capacity to the Bitcoin blockchain.


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Keywords: Bitcoin, mining, cryptocurrency, digital currency, online payments, online security, online transactions, Africa
Categories: DeFi & Crypto & Web3
Companies:
Countries: World
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DeFi & Crypto & Web3