Ethiopia stops issuing new power supply permits to Bitcoin mining firms amid concerns over misplaced national priorities.

At the other extreme, Italy is the most expensive country in the world for Bitcoin mining, at $306,550 per coin, nearly ...

The Ethiopian Finance Ministry has announced the signing of five major investment deals, worth more than $1.6bn (214.99bn birr), to bolster the country's minerals and energy sectors.

BIT Mining, a Chinese Bitcoin mining company, completed a $14.28M deal with Ethiopia on December 3rd to acquire a 51-megawatt facility and 18K mining rigs. Ethiopia is now at par with Norway ...

Ethiopia plans to establish a $250 million bitcoin mining and AI data center, led by the Russian bitcoin mining company BitCluster, The project is a milestone in the country's journey towards ...

Ethiopia is emerging as Africa's most promising bitcoin mining hub, poised to claim a significant share of the global hashrate as the hum of miners reverberates across the globe. - Jaran Mellerud ...

LONDON, June 9 (Reuters) - Ethiopia is set to hit its target of more than doubling mining exports to an annual $1 billion ahead of time, the country's mining minister told Reuters, as it promotes ...

Ethiopia has signed a preliminary agreement to develop infrastructure for data mining and artificial intelligence training operations, the government's strategic investment arm said.

We head around the globe to Ethiopia, a hot Bitcoin mining destination with abundant hydro power. What does it take to get involved?

With Ethiopia supporting Bitcoin mining at the state level, the crypto sector in Africa is entering a new chapter, with private players joining in. Ethiopia became the first country on the African ...

On December 3, 2024, the Company entered into a definitive agreement to acquire cryptocurrency mining data centers in Ethiopia.