---
title: Loka Ecosystem
slug: loka-ecosystem
createdAt: 2023-08-15T05:07:46.940Z
---

## Understanding Loka

Loka is designed to be an ever-growing ecosystem for anyone in the world to participate in mining bitcoin using green and renewable energy.

:::BlockQuote
💡 Loka is an abbreviation of “Low Karbon” and also means “realm” in Balinese.
:::

In a nutshell, Loka Platform is an *Trustless on-chain Bitcoin Mining as a Service —* where users can purchase “mining contract” in flexible terms with affordable starting price, and secured by 1:1 BTC collateral.