Ethiopia’s Affordability of Hydropower and Crypto Mining Adoption Attracts Chinese Bitcoin Miners

Ethiopia's Affordability of Hydropower and Crypto Mining Adoption Attracts Chinese Bitcoin Miners



The Ethiopian Government Electricity Company has reportedly signed power supply agreements with 21 mainly Chinese Bitcoin miners. The African country's search for foreign currency seems to be at the forefront of the frequent concerns raised by climate change advocates. Ethiopia is set to become a preferred destination for Chinese Bitcoin miners, as Ethiopia's state-owned power company has launched. […]

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