Ethiopia promotes Bitcoin mining through hydropower, generating $1 billion in revenue last year

2024-12-27 17:17:25

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ChainCatcher news, according to Bitcoin News, Ethiopia is using the excess hydropower from its Renaissance Dam to power Bitcoin mining, successfully earning $1 billion in revenue last year, accounting for 18% of its electricity revenue.

This move has attracted global investors who benefit from the country's low energy costs.

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