Cloud Bitcoin (BTC) miner BitFuFu has acquired its first brick-and-mortar mining facility. The company is calling the acquisition of an 80-megawatt (MW) facility in Ethiopia the start of its ...

Bitcoin mining company Phoenix Group has announced plans to add 52MW of cryptomining capacity to its existing site in Ethiopia. The facility already has an 80MW mining capacity, and the new expansion ...

As of Dec 2024, Africa now accounts for 3% of the total global Bitcoin mining hashrate, with Ethiopia alone producing 2.5%, more than double what the entire continent produced in 2023, entirely ...

With Ethiopia supporting Bitcoin mining at the state level, the crypto sector in Africa is entering a new chapter, with private players joining in. Ethiopia became the first country on the African ...

Initiatives like our latest expansion in Ethiopia are pivotal steps ... operations rank among the most sustainable in global Bitcoin mining, with 90% of their energy sourced from renewable ...

We’re joined by Ethan Vera of Luxor Tech and Kal Kassa of BitcoinBrr to discuss mining Bitcoin in Ethiopia! Earlier this summer we heard reports of mining picking up in the Eastern side of ...

Crypto Daily - Ethiopia is leveraging its hydroelectric power through the Grand Renaissance Dam to power Bitcoin mining and generate 18% of the country’s revenue from digital assets. Bitcoin mining is ...

Initiatives like our latest expansion in Ethiopia are pivotal steps ... operations rank among the most sustainable in global Bitcoin mining, with 90% of their energy sourced from renewable ...