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What's going on with Bitcoin in Ethiopia?

Bitcoin Journalist and Financial Analyst. Ethiopia plans to establish a $250 million bitcoin mining and AI data center, led by the Russian bitcoin mining company BitCluster, The project is a milestone in the country's journey towards integrating cutting-edge technologies such as bitcoin and artificial intelligence into its economic infrastructure.

Is bitcoin mining legal in Ethiopia?

BENISHANGUL-GUMUZ, ETHIOPIA - FEBRUARY 19: A view of Grand Ethiopian Renaissance Dam. Photo by ... [+] Despite the ban on crypto trading in the country, 2022 saw the ratification of favorable data mining laws that permit "high-performance computing" and "data mining," which is where bitcoin mining falls under.

Who is building a bitcoin mine in Ethiopia?

Russian bitcoin mining company Bitcluster has already built the first 120 MW bitcoin mining facility, and companies such as Hashlabs Mining have started building bitcoin mines in Ethiopia for their global clients. Hashlabs Mining Global Bitcoin Mining hash rate map

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