According to Bitcoin.com News, Ethiopia has suspended the issuance of new electricity licenses to crypto mining companies, with 25 bitcoin mining farms currently in operation and another 20 waiting, and the power grid has reached its limit.
The Ethiopian Electricity Company (EEP) used to sell "idle electricity" to miners in foreign currency, but experts warned that this could affect the electricity demand of local residents.
Ethiopia has suspended the issuance of new power licenses to crypto mining companies
2025-08-11 03:39:21
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