Ethiopia

Ethiopia Freezes New Power Permits for Crypto Miners Amid Grid Constraints

Ethiopia is halting new electric power permits for data mining companies,… More…

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Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report 

Ethiopia’s state utility generated $55 million from bitcoin… More…

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Nothing Big Enough To Topple US Dollar Dominance Just Yet, According to Central Bank of Brazil Director: Report

Brazil’s central bank reportedly believes that the US dollar will… More…

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Phoenix Group Boosts Ethiopia Bitcoin Mining Capacity to 132 MW

Phoenix Group has expanded its Bitcoin mining operations in Ethiopia,… More…

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Ethiopia Signals Potential Shift on Cryptocurrency Stance

The governor of the National Bank of Ethiopia (NBE) has indicated… More…

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BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin

BIT Mining attributed its widened profit margins from DOGE and LTC… More…

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UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project

Hodler Investments and GCL Energy Investment have partnered to develop… More…

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Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in Ethiopia

Nasdaq-listed cloud mining services company Bitfufu has announced… More…

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Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade

Brazil pushes for a shift away from the U.S. dollar within the BRICS… More…

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Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis

Nigeria and Ethiopia have both experienced local currency devaluation… More…

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