Ethiopia boosts Bitcoin mining power to 600 megawatts

Ethiopia has become one of the fastest growing Bitcoin mining markets in the world, with a recent increase in power distribution to 600 megawatts. This makes it a significant player in the global mining industry. Ethan Vera, CEO of Bitcoin mining company Luxor, has revealed that Ethiopia plans to add hundreds of megawatts of additional capacity by the end of 2024. Currently, many miners in Ethiopian mining farms are using mid-generation machines such as S19J Pro and A1346, which are popular due to their lower power consumption.

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