🌐 **Ethiopia's Tech Expansion with Bitcoin and AI:**
- Ethiopia plans a groundbreaking $250 million bitcoin mining and AI data center project.
- Led by Russian company BitCluster, it marks a significant step in integrating cutting-edge technologies into Ethiopia's economic infrastructure.
🔍 **Project Mano Initiative:**
- Project Mano is a key component, aiming to harness Ethiopia's renewable energy for technology advancement.
- The initiative involves a 120-megawatt, 30,000-square-meter facility in Addis Ababa, strategically located near the Kilinto high-voltage substation.
🌿 **Renewable Energy Focus:**
- Leveraging Ethiopia's vast renewable energy resources, primarily hydroelectric power from the Grand Ethiopian Renaissance Dam.
- Ensures uninterrupted power supply for energy-intensive bitcoin mining, aligning with environmental goals.
⚡ **Impressive Facility Capacity:**
- The facility supports over 34,000 Antminer S21 200Th miners, contributing 6.8 EH/s to the bitcoin network hash rate.
- Reflects the growing trend of emphasizing renewable energy in the bitcoin mining sector.
🌍 **Global Economic Impact:**
- Ethiopia aims to become a global digital economy leader by attracting attention and investment in its tech sector.
- Seen as a game-changer, creating new opportunities for employment, growth, and development.
💹 **Economic Potential:**
- Project Mano could potentially add $2 to $4 billion annually to Ethiopia's GDP, according to the proposal.
- Aligns with Ethiopia's aspirations for technological innovation and sustainable development.
🔗 **Strategic Location Choice:**
- Reflects the trend among bitcoin miners to seek locations with cost-effective and sustainable energy solutions.
- Emphasizes the importance of a welcoming regulatory environment.
📈 **Positioning Ethiopia as a Tech Leader:**
- Signals Ethiopia's readiness to embrace blockchain technology and AI for economic development.
