Can Ethiopia Turn Renewable Energy Into Bitcoin Billions? The Full Story
TL;DR, Bitcoin mining in Ethiopia has attracted $250 million in investment through Project Mano, leveraging GERD’s 5,150 MW hydropower capacity despite 15 million homes lacking electricity. Ethiopia allows Bitcoin mining under “data mining” licenses while banning cryptocurrency trading, creating a regulatory paradox that attracts operators but raises transparency concerns. With 25 companies generating…
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