Howdy Bitcoiner,
We have made new changes on our website and added a new feature that aims to bring even more value to our awesome community – presenting the sats to African currency converter!
Our mission has always been to educate, empower, and connect individuals across Africa with the help of Bitcoin. Now, with this latest addition, we are taking a significant step forward in enabling you to seamlessly convert sats directly to your own local currency. Try out the converter now.
More updates below:
Let’s get started 
Picture this: you’ve been immersing yourself in the world of Bitcoin, navigating the intricate pathways, and exploring its incredible potential. Now, imagine having the ability to directly know the exchange rate for sats, the smallest unit of Bitcoin, in your familiar local currency. That’s right— trust us to bring you an unparalleled tool that not only bridges the gap between Bitcoin’s digital realm and your everyday transactions but also streamlines the process with an unmatched level of ease.
This innovation isn’t just about numbers; It’s about seamlessly integrating the intricate threads of Bitcoin into your everyday life. We understand that every sat you earn or spend holds significance, and that’s why we’re dedicated to ensuring that the process of converting them to your local currency is as smooth and transparent as possible. This is a testament to our commitment to creating a vibrant and inclusive community where your financial aspirations can flourish. Check your local currency’s conversion here!
Now for some of the latest news from the African Bitcoin space:
1. Zimbabwe Central Bank Says Gold-Backed Tokens Set to Be Used for ‘Transactional Purposes’
Zimbabwe has ditched the CBDC plan in favor of a gold-backed digital cryptocurrency. Zimbabwe’s central bank recently stated that it is on the verge of launching gold-backed digital tokens “for transactional purposes.” The gold-backed digital tokens have already shown to be a successful monetary policy instrument, according to the bank’s governor. According to central bank governor John Mangudya, the results of a consumer study revealed that. Read more.
2. Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million
According to Btcparser.com, a dormant Bitcoin address — created on November 9, 2010 — came to life on Monday morning, August 14, 2023, at the precise block height of 803,135. It awoke after an approximately 12.9-year slumber to spend a mouth watering amount of 1,005 bitcoin, a figure that grew to an impressive value of more than $29 million. Read more.
3. Worldcoin cryptocurrency project suspended in Kenya
Bitcoin, not an altcoin, is genuine world money. Worldcoin, a new cryptocurrency and digital identity initiative, is off to a rocky start in Kenya, with the authorities prohibiting all local activity related to it.
Kenya’s minister of internal security announced on Facebook on August 2 that the country had banned Worldcoin operations until relevant public bodies validated the altcoin is not a threats to Kenyans.
Here are the latest stats for the Lightning Network in Africa:
Active Nodes: 55 [0%]
Total Capacity: 1,140,766,662 [-3.6%
]
Total Channels: 414 [-0.7%]
Top 5 Lightnng Nodes in Africa
| Nodes | Total Capacity | Topic Channels |
|---|---|---|
|
318,743,222 sats [-9% |
77 [-4% |
|
|
224,120,340 sats [0%] |
44 [0%] |
|
|
163,062,382 sats [0%] |
51 [0%] |
|
|
119,205,000 sats [-8% |
52 [-2% |
|
|
59,812,650 sats [7% |
17 [13% |
|
|
63,143,878 sat [-5% |
38 [-5% |
|
|
7. fluffy |
52,528,922 sats [0%] |
24 [0%] |
|
51,057,612 sats [-6 |
17 [-6 |
|
|
21,895,000 sats [0%] |
25 [0%] |
|
|
10. Cow |
21,891,747 sats [-8 |
32 [-3 |
These weekly stats are brought to you by Africa Free Routing, Africa’s fastest and most reliable lightning node network. Visit their site to get connected to the lightning network.
Available Bitcoin Job:
Junior PHP Coder
Are you a promising young coder looking for an exciting opportunity to showcase your skills, work hard, and grow rapidly in your career? Look no further! We are looking for a motivated and talented Junior PHP coder to join our dynamic team. If you’re self-motivated, highly organized, and able to work remotely with minimal supervision, then we want to hear from you.
Check out our Bitcoiner Jobs page to see more exciting opportunities and submit any job opening available in your company in the African Bitcoin space.
Bitcoin meetup we are excited about:
1. Bitcoin Miner and Manufacturer meet up Nairobi, Kenya
Gama and A Bitcoin group is Inviting all African Bitcoin miners and manufactures to a 2-days meeting in Nairobi scheduled to hold on September, 2023. Save your spot today, reach out to them on Twitter
2. Bitcoin For Her: an online community empowering African women with Bitcoin
“The “Bitcoin for Her” space set to hold on August 25th has been postponed. Join us on September 29th for another amazing space where you can listen to set of influential women in the Bitcoin space, as well as industry experts, as they share their thoughts and experiences about Bitcoin and its ecosystem. Register now.
We appreciate your participation and value your suggestions for future topics and speakers. Stay connected with us through social media and our newsletter for updates on upcoming “Bitcoin for Her” events. Feel free to invite friends and colleagues who may be interested.
3. African Bitcoin Conference 2023
Mark your calendars for the most exciting Bitcoin event of the year! The much-anticipated Africa Bitcoin Conference is back, larger and better than ever. Join us in Accra, Ghana, on December 1-3, 2023, as we explore the critical role of Bitcoin in the cause of liberty. Don’t miss out on this life-changing event! See more.
4. Adopting Bitcoin Conference in Cape Town 2024
Join the Adopting Bitcoin Conference in Cape Town, South Africa, from January 26th to 28th, 2024, to learn more about the intersection between Bitcoin and Parallel Institutions. Local and international experts will examine the evolution of Bitcoin as well as real-world parallel economies and organizations. The conference will include speeches by Bitcoin builders, and industry experts, as well as interactive sessions, hands-on real-world projects workshops, and projects that are altering the Bitcoin ecosystem and society. Learn More
Get ready for an exciting conversation between Marty Bent, a Venture Partner at Ten31 and the brain behind TFTC.io and Grant Gilliam, co-founder and Managing Partner at Ten31.
They’re tackling the intriguing world of investing in Bitcoin companies, including the rising allure of mining. Impressively, Ten31 has invested over $100 million in Bitcoin and Lightning Network projects. Stay tuned for insights and inspiration!
We invite you to explore our sat to African currency exchange rate conversion feature today. We are confident that this enhancement will streamline your Bitcoin transactions and help you make smarter financial choices.
Thank you for being a valued member of our community as we strive to bring you innovative solutions tailored to your needs. If you have any questions or feedback, please do not hesitate to reach out to our dedicated customer support team.
Here’s to a future of seamless, informed, and empowered Bitcoin transactions!
Subscribe to our Newsletter
To get all the latest news, articles, resources and updates about Bitcoin
"*" indicates required fields