Wu Blockchain (@WuBlockchain): Ethiopia uses Africa's largest Grand Renaissance Dam (GERD) to promote Bitcoin mining, and related revenue accounts for 18% of the Ethiopian Electric…
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Ethiopia uses Africa's largest Grand Renaissance Dam (GERD) to promote Bitcoin mining, and related revenue accounts for 18% of the Ethiopian Electric Power Company's (EEP) revenue. The country's mining investment has reached $1 billion in the past year. The government has cooperated with 25 mining companies to attract international miners to use the low electricity price of about 3.2 cents/kWh to digest excess electricity. crypto-news-flash.com/ethiopias-dam-…