Ethiopia
Bitcoin Countries
Ethiopia has emerged as one of Africa's most significant Bitcoin mining hubs, powered by the massive Grand Ethiopian Renaissance Dam (GERD) — Africa's largest hydroelectric dam — providing cheap and abundant electricity. The Ethiopian government has actively courted Bitcoin mining companies with low-cost energy agreements, making the country a top destination for miners seeking sub-$0.03/kWh electricity. Several large-scale operations including Marathon Digital Holdings have established or announced Ethiopian mining facilities, and the country's hashrate contribution is among the fastest-growing globally.
Details
- Status
- friendly
- Notable
- Grand Ethiopian Renaissance Dam powers major mining operations; Marathon Digital presence; fastest-growing African mining hub
- Energy Type
- hydroelectric
- Legal Status
- legal
- Major Miners
- Marathon Digital Holdings, others
- Energy Cost Kwh
- <$0.03
- Population Millions
- 130
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