"Bitcoin mining company Marathon Digital signed an agreement with the Kenyan Ministry of Energy and Petroleum on Friday to develop Kenya's energy infrastructure with investments of over $80 million. 🎉🚀

Marathon CEO Fred Thiel said the aim of the partnership is to "monetize unused energy in Kenya and jointly develop technology projects." He stated that the investment will be made in green data centers. 🌍💡

Kenya's renewable energy sources, like solar and wind, are intermittent, meaning they do not produce energy at times of peak consumption. Building renewable energy infrastructure is capital intensive and requires a power management system to properly store and distribute energy. 🌞💨

Under the agreement, Marathon and Kenyan policymakers will collaborate to "better understand how to optimize renewable energy projects that produce excess energy due to intermittency and seasonal variations." 🤝

Marathon shares traded at around $21 on Friday, up 6% from yesterday's close, outpacing BTC's 1% gain in the last 24 hours. 💹

How do you think this agreement will affect Kenya's energy infrastructure? I'm waiting for your comments! 🗣️"