BossLady on Nostr: Ethiopia is set to become a new hub for Bitcoin mining, signing agreements with 21 ...

Ethiopia is set to become a new hub for Bitcoin mining, signing agreements with 21 companies, including 19 from China, as reported by Bloomberg. The country's low-cost power and government permissions, despite a ban on digital asset trading, are attracting miners looking for a stable base outside China. However, concerns arise regarding the availability of electricity and potential public opposition, given that half the population lacks access to electricity.