A few months after a section of the Kenyan population was up in arms over what they termed as inflated electricity bills, it has now been revealed that the inflated bills were not a “mistake” or “backdated charges” as had earlier been communicated by the body tasked with electricity transmission, rather, it was an elaborate move to fund bitcoin mining in the country.

I know. That sounds like a scene from a Sci-Fi movie but as unbelievable as it is, credible sources have informed Techweez that approximately 100,000 mining rigs were imported from Loof Lirpa in Eastern Europe into the country between October and mid-November, last year. These mining rigs were then transported overnight to undisclosed locations across the country. Our source believes that the money raised from the inflated bills was meant to cover up for the cost of purchase and subsequent electricity bills from the mining process.

Mining rig
A pre-built Cryptocurrency Mining Rig

The matter flew under the radar as everyone was busy paying attention to the just concluded general elections and the drama that ensued. It is also believed that these “undisclosed locations”, where the mining rigs were transported to, could be prisons, which is perfect since no one would suspect of such activities to be occurring at correctional facilities.

We have reached out to relevant authorities for comments over the matter but all we have been getting is cold shoulders. The issue of Bitcoin and other cryptocurrency has become a sensitive matter in the country as there seems to be no clear direction as to whether the country supports the cryptocurrency or not. However, we must acknowledge that using prisons to mine bitcoins is a move we all didn’t see coming.

Previous articleKenya’s ICT Authority Appoints Former Ministry of ICT Director as CEO in Acting Capacity

Source link

About crypto currency expert

No Comments

Be the first to start a conversation

Leave a Reply

Your email address will not be published. Required fields are marked *

eighteen + six =