Ethiopia

BitFuFu Ethiopia Bitcoin Mining Facility Acquisition Milestone

BitFuFu acquires an 80MW Bitcoin mining facility in Ethiopia, cutting electricity costs to $0.04/kWh. This marks a critical expansion in…

1 month ago

Sub-Saharan Africa Crypto Trading Soars Amidst Currency Challenge

Sub-Saharan Africa crypto market grew to $125 billion between July 2023 and June 2024, with 43% of transactions involving stablecoins.

2 months ago

Chinese Bitcoin Miners Are Now Migrating To Ethiopia to Make Mining More Favorable

Chinese Bitcoin miners move to Ethiopia for cheap electricity and favorable regulations.

10 months ago

Ethiopia Businesses Are Not Allowed To Take Bitcoin

The National Bank of Ethiopia (NBE) has issued a proclamation stating that all financial transactions in NBE must be paid…

2 years ago

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