What is the roadmap for NRG Bloom?
NRG Bloom has to date been bootstrapped and is currently advancing discussions for growth financing. We're looking to open new conversations with partners that share our vision. Get in touch to discuss further opportunities and collaborations.
Roadmap to mine bitcoin in Nigeria
Phase 1: Feasibility study, regulatory assessment and identify opportunities (Done)
Phase 2: Secure PPA (Done, 3 MW off-grid excess natural gas)
Phase 3: Secure location (Done)
Phase 4: Secure partnerships (ASIC provider and infrastructure development partners) (Done)
Phase 5: Due diligence - Partnership with local law firm and in person inspection of our site and energy source (Done)
Phase 6: Due Diligence - Site inspection and marking of infrastructure location by engineer (Done)
Phase 7: Start construction (self funded - 500 kW) (Ongoing)
- Clearing of site (Done)
- Bulk excavation (Ongoing)
- Concrete base for transformer and container
- Transformer installation
- Steel container fabrication
- Wiring of Container, Ethernet connection, and security hardware installation
Phase 8: ASIC shipping and installation (shipping route verified and approved)
Phase 9: Start bitcoin mining operations
Phase 10: Training locals as data technicians (instructor with necessary expertise onboarded)
Phase 11: Secure funding partnership for expansion (ongoing)
Phase 12: Secure future sites expansion
