Ethiopia's Bitcoin Mining Gains 600MW as Government Backs Expansion

Ethiopia's Bitcoin Mining Gains 600MW as Government Backs Expansion

Ethiopia is emerging as a burgeoning Bitcoin mining hub, with local miners now consuming 600MW of power, a figure expected to increase by year-end. According to Ethan Vera, co-founder and COO of Luxor Mining, the country's Bitcoin mining operations are gaining significant momentum, supported by data from Ethiopian Electric Power. With a total installed generation capacity of 5,200MW—predominantly from hydropower, supplemented by wind and ther...

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