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Recounting Ethiopia’s Bitcoin Developments In 2024

Summary by CryptoPanic

Reviewing developments in 2024 as Ethiopian Electric Power (EEP) and 25 privately owned bitcoin miners in Ethiopia contribute 600 MW of energy to the bitcoin network.

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MaxBit

Recounting Ethiopia’s Bitcoin Developments In 2024 – MAXBIT

Ethiopia’s state-owned power producer, and a population of 126 million Ethiopians, welcomed the bitcoin mining industry in 2024 with an attractive electricity rate of USD 3.2 cents KWh. In this past year EEP has generated USD 55 million in revenues from bitcoin miners and expects USD 123 million in the year to come. As we...

2 months ago

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CryptoPanic

+3 Reposted by 3 other sources

Recounting Ethiopia’s Bitcoin Developments In 2024

Reviewing developments in 2024 as Ethiopian Electric Power (EEP) and 25 privately owned bitcoin miners in Ethiopia contribute 600 MW of energy to the bitcoin network.

2 months ago

Read Full Article

La Criptomoneda

Counting of the evolution of Bitcoin in Ethiopia in 2024 - The Cryptocurrency

Ethiopia’s state energy producer, and a population of 126 million Ethiopians, welcomed the bitcoins mining industry in 2024 with an attractive electricity rate of 3.2 cents per KWh. Last year, EEP generated $55 million in bitcoins miners’ revenues and [...] The entry Outline of the evolution of Bitcoin in Ethiopia in 2024 was first published in The Cryptocurrency.

2 months ago

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