Ethiopia bitcoin mining – level 3 - News in Levels
Ethiopia bitcoin mining – level 3 - News in Levels
5 months ago
newsinlevels.com
Ethiopia is fast becoming a haven for Bitcoin miners. A Russian company has set up operations just outside the capital, Addis Ababa, taking advantage of cheap renewable energy. The government says it a smart way to earn revenue and expand power access. But with nearly half of Ethiopia in darkness, critics question whether the bitcoin boom will be felt across the country. So how much does the host country actually benefit, and could the vast amounts of power consumed be better used elsewhere? | B
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