Ethiopia is quickly becoming a key player in Bitcoin mining, with local operations already consuming 600 MW of power, Ethan Vera, the co-founder and COO of Luxor Mining, reported, citing data from Ethiopian Electric Power. In an Oct. 8 post on X, Vera stated that most mining facilities use mid-generation machines, such as Bitmain’s S19J […]
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Ethiopia harnesses low-cost energy for Bitcoin mining from renewable sources