QRB Labs ICT Solutions PLC, a company established in Addis Abeba, Ethiopia, was founded in 2021 by entrepreneurs of Ethiopian origin. We offer data center services to international clients, focusing on location-agnostic high-energy computations such as Bitcoin mining, and AI model training. QRB is a customer of Ethiopian Electric Power (EEP) and procures surplus hydroelectric power, commonly referred to as “stranded” energy, to operate scalable modular data centers. These data centers are strategically located within EEP substations across Ethiopia. The company plans to expand to two other African countries.
QRB Labs is a founding member of the Green Africa Mining Alliance.
Our mission
- Accelerate the electrification of Africa by monetizing stranded energy, which helps finance transmission and distribution infrastructure
- Facilitate the global transition to renewable energy in Bitcoin and AI
Recent News
- The Bitcoin Mining Revolution in Ethiopia with Nemo Semret, Swan Bitcoin HashrateUp Podcast, Jan 2024
- GDG Addis | ALX | Chapa | Games | Bitcoin | Lawyer | Tech talent, Gugut Podcast, Jan 2024
- QRB Labs የመጀመሪያው በኢትዮጵያውያን የተቋቋመ የ#Bitcoin Mining ድርጅት, Addis Block Podcast, Dec 2023
- Ethiopian-Born Former Google Engineer Ventures into Bitcoin Mining in Ethiopia, Shega.co, Dec 2023
- Bitcoin Mining Around the World: Africa, Hashrate Index, Dec 2023