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6 de dic. de 2025On Tuesday, African Bitcoin Mining Company Gridless announced that it secured $2 million from a seed investment funding round. The same was led by Stillmark and Block, Inc. Gridless – a Kenyan-based Bitcoin mining company – has announced raising a $2 million seed investment round led by venture capital investor Stillmark and digital payments firm Block, Inc. 6 de dic. de 2025Gridless, a bitcoin mining company helping to bring new energy generation to rural communities in Kenya, has announced at the Africa Bitcoin Conference 2025 in Accra 6 de dic. de 2025Gridless, a bitcoin mining company that helps generate new sources of energy in rural communities in East Africa, said Tuesday that it secured $2 million in a seed investment 22 de nov. de 2025A $2 million seed funding round headed by Stillmark and Jack Dorsey co-founded payments company Block has been secured by Gridless, a bitcoin mining business that 10 de dic. de 2025Jack Dorsey’s Block is among the companies contributing to a funding round for a bitcoin miner in Africa fired by renewable power. Digital payments firm Block and venture capital

Jack Dorsey's Block Leads $2M Fund for African Bitcoin Mining Company Gridless

Exciting news from the Africa Bitcoin Conference 2025 in Accra! Gridless, a Kenyan-based Bitcoin mining company focused on powering rural communities in East Africa, has announced securing a significant $2 million seed investment.

Gridless Secures Funding from Block and Stillmark

On Tuesday, December 6th, 2025, Gridless officially revealed the successful completion of its seed funding round. The round was spearheaded by venture capital investor Stillmark and digital payments firm Block, Inc., co-founded by Jack Dorsey. This investment highlights the growing interest in sustainable Bitcoin mining solutions within Africa.

Renewable Energy and Bitcoin Mining in Africa

Gridless distinguishes itself by helping bring new energy generation to rural communities in Kenya and other parts of East Africa. The company leverages renewable power sources to fuel its bitcoin mining operations, providing economic opportunities while minimizing environmental impact. Jack Dorsey’s Block is among the companies contributing to a funding round for a bitcoin miner in Africa fired by renewable power. This innovative approach is attracting significant attention from investors and the broader crypto community.

$2 Million Seed Investment to Expand Operations

The $2 million seed funding will enable Gridless to expand its operations and further develop its infrastructure. According to the announcement made on December 6th, 2025, the funding will support the company's mission to provide affordable and reliable energy to underserved communities while contributing to the growth of the Bitcoin network. This $2 million seed funding round headed by Stillmark and Jack Dorsey co-founded payments company Block has been secured by Gridless.

The Future of Bitcoin Mining in Africa

Gridless represents a new wave of Bitcoin mining companies committed to sustainability and community development. As digital payments firm Block and venture capital firms invest in companies like Gridless, the future of Bitcoin mining in Africa looks promising. This investment underscores the potential for Africa to become a major player in the global Bitcoin ecosystem, powered by renewable energy and driven by innovative solutions.

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