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Ethiopian Bitcoin Mining Revenue Hit $1 Billion Last Year
Editor
2024-12-27 17:32 3,213
Golden Finance reports that Ethiopia’s Bitcoin mining, driven by surplus hydropower from the Renaissance Dam, generated $1 billion in revenue last year, accounting for 18% of its electricity revenue. The country's success in converting excess hydropower into profitable assets has attracted many global investors to drive economic growth in Africa through low energy costs.
Keywords: Bitcoin
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