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Desperate But Brilliant? Why Eskom Power Strategy Could Work
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Desperate But Brilliant? Why Eskom Power Strategy Could Work
In Brief The Eskom power strategy introduces Bitcoin mining and AI data centers as unconventional revenue streams to offset its $22.7B debt. Eskom plans to sell surplus electricity to crypto miners and tech firms, mirroring U.S. models for monetizing energy through high-demand sectors. Despite environmental concerns and load-shedding issues, Eskom sees energy monetization as essential to survival and long-term operational reform. South Africa…
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