Getting Started

The transition to green energy has been a topic of global concern for decades, as the world looks to reduce its reliance on fossil fuels and combat climate change. One major hurdle in the transition to renewable energy sources has been the lack of immediate demand for electriciy, which can often lead to low incentives for building renewable power plants.

Loka platform allows users to participate in bitcoin mining operation using excess energy from hydroelectric power plants. The first batch of mining facilities joined in this platform are located in Indonesia, an area with a high concentration of rivers, providing a natural source of renewable energy.

Loka platform provides Trustless On-chain Mining as a Service that enable anyone to rent bitcoin mining hardwares with various period and delegate mining operation to professional miners as “mining contract”, while miners posted BTC as collateral 1:1 to contract value.

The mining contract is tokenized as NFT, while ensuring transparency on all aspects of the mining operation such as hash rate, electricity cost, hardware efficiency to ensure contract buyers get the optimum benefits of the bitcoin mining operation.

Mining contract holders are getting their BTC mining rewards every day, as collateralized BTC unlocks gradually using non-custodial escrowed mechanism -- eliminating the risk of centralized party.