Latest News and Articles about Ethiopia

Ethiopia’s $1B Bitcoin Mining Boom: Leading Africa’s Crypto Revolution with Renewable Energy

2 January 2025 Daily Feed Bitcoin Mining, Ethiopia, GERD, Renewable Energy

Ethiopia’s Bitcoin Mining Surge: A Beacon of African Innovation and Economic Growth In 2024, Ethiopia has emerged as a global leader in Bitcoin mining, leveraging the Grand Ethiopian Renaissance Dam (GERD) to generate around $1 billion in profits. This development not only highlights Africa’s growing fintech sector but also presents a sustainable model for cryptocurrency […]

Ethiopia Harnesses Renewable Energy for Bitcoin Mining Amid Regulatory Hurdles

27 December 2024 Daily Feed Bitcoin Mining, Ethiopia, Regulatory Challenges, Renewable Energy

Ethiopia’s Bitcoin Mining Boom: Turning Green Energy into Digital Gold Amidst its picturesque landscapes and rich cultural heritage, Ethiopia is embarking on a digital transformation that could reshape its economic future. By harnessing its abundant renewable resources, particularly hydropower and geothermal energy, the country is rapidly becoming a hub for Bitcoin mining. This venture is […]