Ethiopia Freezes New Power Permits for Crypto Miners Amid Grid Constraints

by Jason Scott
0 comments



Ethiopia Freezes New Power Permits for Crypto Miners Amid Grid ConstraintsEthiopia is halting new electric power permits for data mining companies, effectively freezing the expansion of crypto-mining operations due to limited capacity. The decision follows a surge in interest, with 25 bitcoin mining firms already operating and nearly 20 more awaiting approval, drawn by Ethiopia’s cheap tariffs and abundant hydropower. EEP had marketed power sales […]



Source link

Related Posts

Leave a Comment