Africa Crypto Update: 40,000 Ugandans join Binance in 1 Week; Solar Power used to mine Crypto in Kenya

According to a report on crypto new outlet Coindesk, no less than 40,000 new users joined Binance Uganda within the first week after its launch in October. This proves that Africa is indeed a strong frontier for cryptocurrency activity despite the downtrend which has seen interest wane amongst retail traders.

In Kenya, a cryptocurrency startup is working to debunk the widely held conception that cryptocurrency mining is injurious to the environment. John Karanja, Founder and CEO of Bithub Africa said his company is using solar energy in its cryptocurrency mining activities.

Full article: Smartereum

 


 

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