Ethiopia drives Bitcoin mining through hydropower, reaching a revenue of 1 billion US dollars last year
According to Bitcoin.News, Ethiopia has used the surplus hydropower from its Renaissance Dam to power Bitcoin mining, successfully earning $1 billion in revenue last year, accounting for 18% of its electricity income. This move has attracted global investors who benefit from the country's low energy costs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
Trending news
MoreCrypto prices
More
