Jack Dorsey’s Block Invests in Renewable Bitcoin Miner Gridless in Africa

Block, Stillmark lead seed investment in crypto miner Gridless
The miner taps small-scale renewable energy grids in Africa

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By David Pan

December 6, 2022 at 7:00 AM UTC

This article is for subscribers only.

Jack Dorsey’s Block Inc. 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 investor Stillmark have led a $2 million seed investment in Gridless, a miner that harnesses small-scale renewable energy grids in rural Africa, Block said in a Dec. 6 statement.