Ethiopia’s state utility generated $55 million from bitcoin mining utilizing surplus hydropower, reinvesting income to speed up rural electrification tasks. Ethiopian Electrical Energy earned $55 million over 10 months—18% of its annual income—by diverting in any other case wasted hydroelectricity to bitcoin mining operations, in keeping with an Ethiopian Tribune report. The income funds strategic infrastructure growth, increasing transmission traces, […]
Source link
Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report
Related Posts
![[LIVE] Crypto News Today, October 16 – Crypto Crash Continues as Bitcoin Stuck Below $112K, XRP Price at $2.42; Coinbase Lists BNB: What’s the Next Crypto To Explode?](https://99bitcoins.com/wp-content/uploads/crypto-icons/bitcoin.svg "[LIVE] Crypto News Today, October 16 – Crypto Crash Continues as Bitcoin Stuck Below $112K, XRP Price at $2.42; Coinbase Lists BNB: What’s the Next Crypto To Explode?"){kind=icon}
Leave a Reply
Blockchain Broadcast delivers the latest cryptocurrency news, expert analysis, and in-depth articles. Stay updated on blockchain trends, market insights, and industry innovations with us.
