Tlou Energy trials cryptomining at Lesedi

The trial used excess field camp electricity to run crypto mining units to produce Bitcoin. Officials said this had established proof of concept and built in-house technical expertise.

Commenting on the company’s operations for the quarter ended 30th June, executive director, Gabaake Gabaake said the next stage would involve powering the crypto miners using electricity generated from the Lesedi 4 production well. Thereafter, Tlou plans to look at the expansion of the project “all else being equal”.