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Terrahex Taps Nigeria's Stranded Power for Large-Scale Bitcoin Mining

Guavy AI Editorial Team
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Terahex, a high-performance computing company founded in 2025 by Olumayowa Ogunnusi, aims to utilize Nigeria's stranded power for Bitcoin mining.

Nigeria faces a significant power problem, with much of its installed capacity unavailable or underutilized. In Q1 2026, only 4,458MW of the country's 13,625MW installed generation capacity was available for dispatch, down 16.9% from Q1 2025.

Terahex plans to deploy 100MW of mining capacity within 24 months and has secured institutional investment backing its growth.

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