ENERGY DEREGULATION IN NIGERIA COULD LEAD TO BITCOIN MINING GOLD RUSH By Heritage Falodun The new Electricity Act in Nigeria, which came into effect on June 8, 2023, presents new opportunities for the Bitcoin mining industry. The Act establishes a legal framework for the operation of Nigeria's fully privatized electricity market, which could lead to more competitive electricity prices and more reliable supply. This could make Nigeria a more attractive destination for Bitcoin miners. |