Bitcoin miners are no longer just chasing block rewards, they’re becoming key drivers of energy growth in emerging economies .
In an interview with CCN, Andy Fajar Handika, CEO of Loka Mining, discussed how his team helps miners monetize hashrate more effectively through hashrate futures—selling their future mining output for immediate capital.
He also shared how mining activity is growing in regions like Ethiopia, Kazakhstan, and Bhutan, where cheap, underutilized energy is attracting miners, benefiting both local economies and the broader Bitcoin network.
Handika compares mining to traditional agriculture:
“If you’re a corn farmer, you sell your harvest before it’s ready. We’re doing the same for Bitcoin miners.”
Loka Mining enables miners to sell future hashrate for upfront capital, turning projected mining power into immediate funds. As Handika explains:
“I can sell one year’s worth of mining power now for 0.9 BTC, and use that money to buy more machines or cover costs.”
This model significantly benefits miners in regions with abundant energy supplies like Kazakhstan and Ethiopia, allowing them to quickly scale operations and reinvest directly into growth.
Handika emphasized mining’s role in addressing a major issue in emerging markets:
“If you build a power plant in a developing country, you need someone to absorb that excess power until domestic demand catches up,” Handika explained.
In countries like Ethiopia, Bhutan, and Kazakhstan, governments have built large renewable energy plants, yet local electricity demand remains low. Bitcoin miners absorb excess electricity, offset infrastructure costs, and help stimulate further energy investments.
Handika calls this the resolution of a critical economic paradox:
“It’s a chicken-and-egg problem. You can’t grow electricity access without demand, and you can’t grow demand without power. Bitcoin mining solves that,” Handika said.
This approach enhances global Bitcoin hashrate, strengthens network security, and turns otherwise wasted energy into economic productivity.
Loka Mining also connects miners and investors through a marketplace that offers investors attractive yield opportunities. Investors earn up to 10% Bitcoin-native yield backed by mining operations. Handika explained the structure clearly:
“Investors buy hashrate contracts and get paid in Bitcoin over time at a discount—that’s real BTC yield.”
Miners provide collateral equal to their projected Bitcoin output, which protects investors:
“Miners post 1:1 Bitcoin as collateral. If they stop mining, the investor gets the BTC,” Handika explained.
This setup eliminates traditional counterparty risks and ensures yields reflect actual mining activity rather than speculative lending.
While public mining giants dominate industry headlines, Loka Mining aims to empower independent miners, especially in regions with cheap power and limited access to capital. Handika emphasizes their supportive approach:
“We’re not trying to fight centralization directly., But we’re giving smaller players a real chance to survive and grow.”
With innovations like mining pools and hashrate futures, Bitcoin mining has matured into a sophisticated global infrastructure sector, providing economic leverage to emerging markets.
Handika summarized this transformation succinctly:
“Hashrate isn’t just computing power anymore, it’s economic leverage. It’s a commodity, and it’s global.”