Trojan Mining Opens Bitcoin Mining Facility, Uses Environmentally Friendly Energy

Bitcoin mining machine. (Photo; Doc. Chinadialogue)

JAKARTA - Trojan Mining built a bitcoin mining facility by utilizing hydropower in Nigeria. This African startup is developing a local mining platform capable of housing 150 bitcoin mining units.

This startup has ambitions to become a leading bitcoin miner in Nigeria by utilizing abundant water resources. Last weekend, Trojan Mining showed a locally produced mining platform and was designed for a 500 kilowatt (KW)-capacity bitcoin mining site.

"We want to be the leader of bitcoin mining in Nigeria," said Yansar Siyanbola, CEO of Trojan Mining.

Trojan Mining follows in the footsteps of Gridless, Kenya-based bitcoin mining company, which received $2 million in funds from Jack Dorsey's Block and Stillmark. Siyanbola claimed to have been guided by Marshall Long and Gridless from Rhidium Enterprises.

The Mining Trojan began operating with several Innosilicon miners and one Antminer S9 unit with a combined mining speed of 296 terahash per second (TH/s) for the Bitcoin network.

Trojan Mining also plans to build a 1 megawatt (MW) water-powered bitcoin mining facility with the support of partners. In addition, Trojan Mining also provides repair services and bitcoin mining rig settings.

Trojan Mining is determined to build a mini-water power plant within five years or less. This will make their bitcoin mining fields environmentally friendly and independent of the national power grid.