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 ...

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 ...

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 ...

Ethiopia is another country attracting crypto miners, where electricity is almost entirely powered by hydropower. BitFuFu, a Singapore-headquartered Bitcoin mining company, which operates mostly ...

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 ...

Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest ...