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.
Expansion of Bitcoin mining in Ethiopia offers a route to monetizing a coming massive increase of energy production, and help finance the build out of electrical grid infrastructure.
Chinese investment at Ethiopia’s largest dam is creating a powerful new mining hub. Still in its relative infancy, the area is already host to significant mining activity.
True to their history as an uncolonized people, Ethiopians are more determined than ever to build sovereign value through principled education and civic action.
The National Bank of Ethiopia issued a statement reminding its citizens that business transactions made with bitcoin and other cryptocurrencies are “illegal”.
