Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report 

Ethiopia’s authorities inferior generated $55 cardinal from bitcoin mining utilizing surplus hydropower, reinvesting profits to accelerate agrarian electrification projects. Ethiopian Electric Power earned $55 cardinal implicit 10 months—18% of its yearly revenue—by diverting different wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The gross funds strategical infrastructure development, expanding transmission lines, […]