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Ethiopia drives Bitcoin mining through hydropower, reaching a revenue of 1 billion US dollars last year

Ethiopia drives Bitcoin mining through hydropower, reaching a revenue of 1 billion US dollars last year

Bitget2024/12/27 09:42

According to Bitcoin.News, Ethiopia has used the surplus hydropower from its Renaissance Dam to power Bitcoin mining, successfully earning $1 billion in revenue last year, accounting for 18% of its electricity income. This move has attracted global investors who benefit from the country's low energy costs.

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