US EditionEthiopia's Electricity Regulator Announces Plans to Push Out Crypto Miners
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Ethiopia's electricity regulator announces plans to push out crypto miners
The post Ethiopia's electricity regulator announces plans to push out crypto miners appeared on BitcoinEthereumNews.com. State-owned Ethiopian Electric Power (EEP) has announced its intention to shut down all the crypto mining operations in the country. According to the body, there are plans for a gradual phase out of all activities related to crypto mining amid growing concerns. Ethiopian Electric Power mentioned that the move became necessary …
BITCOIN | Ethiopia Halts New Power Permits for Crypto Mining as Grid Reaches Capacity Limit
Ethiopia’s state utility, Ethiopian Electric Power (EEP), has officially suspended the issuance of new electricity supply permits to crypto-mining – or “data mining” – companies, signaling a pause on further expansion of cryptocurrency operations in the country. ____________ Key Takeaways: Foreign Currency Revenue Surge: EEP reportedly generated $200 million from Bitcoin mining in just the first half of 2025 – highlighting the rapid, lucrativ…
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