Category: Recounting
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Recounting Ethiopia’s Bitcoin Developments In 2024
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The state-owned power producer in Ethiopia, with a population of 126 million Ethiopians, has welcomed the bitcoin mining industry in 2024 with an attractive electricity rate of 3.2 US cents per kilowatt hour. Last year, EEP generated $55 million in revenue from Bitcoin miners and expects $123 million next year.…
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Recounting Ethiopia’s Bitcoin Developments In 2024
•
The state-owned power producer in Ethiopia, with a population of 126 million Ethiopians, has welcomed the bitcoin mining industry in 2024 with an attractive electricity rate of 3.2 US cents per kilowatt hour. Last year, EEP generated $55 million in revenue from Bitcoin miners and expects $123 million next year.…