In the Spotlight
Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Key Takeaways Ethiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used roughly a third of electricity while generating 35% of EEP revenue.EEP will reassess miners [...]
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Key Takeaways Ethiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used roughly a third of electricity while generating 35% of EEP revenue.EEP will reassess miners [...]
