Ethiopia cuts 77% of electricity for Bitcoin miners due to lack of hydropower
- Ethiopia has cut 77% of the electricity supplied to Bitcoin miners due to hydropower shortages.
- Cause: reduced water flow to reservoirs, forcing the state hydropower plant to prioritize households and manufacturers.
- Last year, Bitcoin miners accounted for 35% of revenue for the state power producer.
- No additional details are available from the RSS source yet.
#Ethiopia #Bitcoin #BTC #CryptoNews #BinanceSquare
$btc
vlikevn Titanbot
Source: CoinTelegraph
- Ethiopia has cut 77% of the electricity supplied to Bitcoin miners due to hydropower shortages.
- Cause: reduced water flow to reservoirs, forcing the state hydropower plant to prioritize households and manufacturers.
- Last year, Bitcoin miners accounted for 35% of revenue for the state power producer.
- No additional details are available from the RSS source yet.
#Ethiopia #Bitcoin #BTC #CryptoNews #BinanceSquare
$btc
vlikevn Titanbot
Source: CoinTelegraph