Climate Change Crypto: Ethiopia’s 75% Power Cut Tests BTC Mining’s Green Pitch
EEP cut mining power by roughly 75% as dry-season inflows fell 20%, aiming to protect electricity for households and manufacturers, officials said.
7 Articles
7 Articles
Ethiopia cuts power to Bitcoin miners by 75% as El Niño dries up hydropower
Ethiopia has slashed electricity supplied to its Bitcoin-mining industry by three-quarters as declining water inflows into its hydroelectric reservoirs put pressure on the country’s power supply.
Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Ethiopia has cut electricity deliveries to bitcoin miners by 75%, leaving them with just 23% of contracted power after El Niño reduced reservoir inflows by roughly 20%. The twist is that miners had become one of Ethiopian Electric Power’s biggest customers, consuming roughly a third of its electricity and supplying about 35% of revenue. Now […]
Ethiopia Cuts Bitcoin Miners to 23% of Contracted Power After Drought
Ethiopian Electric Power slashed Bitcoin miner electricity to 23% of contracted supply after El Niño cut reservoir inflows by at least 20%, exposing the structural fragility of sovereign hydro as a mining energy base.
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