News list for " Renaissance Dam"

ETHIOPIA bitcoin mining earned $1 billion last year

Ethiopia, which is fueling bitcoin mining with excess hydropower from Renaissance Dam, earned $1 billion last year, or 18% of its electricity revenue. The country's success in turning excess hydropower into a profitable asset has attracted a number of global investors, leveraging low energy costs to drive sustainable energy economic growth in Africa.

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2024-12-27 17:31:39