From Blackouts to Bitcoin: South African Power Utility’s Surreal Pivot to High-Intensity Power Sales

Share This Post

Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to sell excess electricity generated during the day due to increased solar power usage. The Solar Paradox In a shift that seemed impossible only two years ago, South African state-owned power utility […]

Related Posts

Dogecoin ETFs struggled for buyers while rival XRP and Solana funds pulled in $3 billion

Bitwise's BWOW dogecoin ETF will close after 10 months,...

Bitcoin climbs to $78,000 as crypto sits out the AI selloff

Bitcoin rose 1.9% since midnight UTC while Nasdaq 100...

UK FCA seeks views on fund rule exemptions for tokenized gold

The FCA said uncertainty over whether some tokenized gold...

Fed, BOE, BOJ interest-rate decisions: Crypto Week Ahead

Your look at what's coming in the week starting...

US Republicans Release Final CLARITY Act Text

Senate Republicans on Sunday released revised text of the...