Posted 2/18/2024, 4:50:15 PM
Ethiopia to Build $250 Million Bitcoin Mining Center Powered by Renewables
- Ethiopia plans $250M bitcoin mining and AI data center led by Russian company BitCluster
- Facility will have 120MW capacity and 34,000 miners, adding 1.2% to bitcoin network hash rate
- Leverages Ethiopia's renewable energy to power sustainable bitcoin mining operations
- Part of Ethiopia's goal to become a global digital economy leader and tech innovation hub
- Expected to add $2B-$4B annually to Ethiopia's GDP and position country as leader in clean energy bitcoin mining