Home > Quick > Body

ETHIOPIA bitcoin mining earned $1 billion last year

clock
2024-12-27 09:31:39
Ethiopia, which is fueling bitcoin mining with excess hydropower from Renaissance Dam, earned $1 billion last year, or 18% of its electricity revenue. The country's success in turning excess hydropower into a profitable asset has attracted a number of global investors, leveraging low energy costs to drive sustainable energy economic growth in Africa.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.