Ethiopia's embrace of bitcoin mining in 2024, with an attractive electricity rate of USD 3.2 cents KWh, led to USD 55 million in revenue, highlighting the country's potential as a leader in the energy sector.
In 2024, Ethiopia generated significant revenue from bitcoin mining, with expectations climbing to USD 123 million for 2025, reflecting the country's strategic position in the energy-rich landscape.
The involvement of major companies like BitFuFu and BIT Mining Limited showcases the growing interest and investment in Ethiopia's bitcoin mining infrastructure, further supporting its economic growth.
Ethiopia is emerging as a beacon for energy-potential rich nations, demonstrating that strategic investments in bitcoin mining can yield substantial economic benefits and opportunities for energy utilization.
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