Investment Opportunities
Join the future of energy and Bitcoin Mining in Africa
Investment Opportunities
We have successfully acquired a site in Bayelsa State, Nigeria, complete with a stable energy supply of gas resources. Our dedicated team and partners are actively building our first operation on this site, representing 500 kW. We are committed to both maintaining our operations and imparting vital skills to the local community for sustained operational management.
In collaboration with our energy provider, we are putting a framework in place to make meaningful contributions towards healthcare, education, and employment opportunities within the local community. Our initiatives will foster business growth and social development.
For Venture Capitalists, Angel Investors and Institutional Backers.
We are looking for investors to form an integral part of our groundbreaking journey into energy, sustainability and Bitcoin mining. Africa is fast emerging as one of the most important hubs for Bitcoin mining and we are looking for partners to help us scale across the continent.
For Miners and Tech Enthusiasts.
As a young company we’re open to partnerships based on acquiring Bitcoin mining equipment. Conscious of our environmental impact, our goal is to repurpose ASICs and use them in training new African Bitcoiners. We can also provide hosting services and a range of options to share future growth.
In partnership with the local community, NRG Bloom has secured 3MW of electricity. Under the agreement, the local community is our energy supplier and partner in mining Bitcoin. This innovative model supports our operational needs whilst also supporting the community directly and ensuring they share in the success of our venture.
Our activities encompass a range of essential expenses from personnel, to mining pools and the expenses for training the local community. Our operational costs are localised to the region as we will be operating on the ground in Nigeria.
The break-even point for our operation remains low at $10,400. Having put in place agreements for power supply, a fundamental element of Bitcoin economics, our operation remains low on cost but positively correlated with Bitcoin activity.
Our team is proficient in ASIC repair and maintenance. Under our social partnership we will use this to experience to train members of the local community. We want to set a benchmark of responsible Bitcoin mining and use the strategy to expand into new communities over time. Our Nigerian energy partnership will play a crucial role in identifying future sites that enable us to scale our operation.
Bitcoin represents financial opportunity and empowerment but the industry has had to adapt.
Environmental concerns have prompted a shift to supporting Bitcoin with clean energy. With the outlook in the US becoming increasingly uncertain for Bitcoin miners, some are concerned that a ban similar to China may follow. As Bitcoin processing (measured in hash rate) has accelerated, it has become more globally distributed. For Africa this represents a unique opportunity to both solve a problem (access to reliable energy supply) and position the continent as a Bitcoin hub.
