【BitPush】There are reports that the Ethiopian government is actively seeking investors to develop Bitcoin mining operations. This move reflects an increasing number of countries beginning to recognize the digital asset industry as a new engine for economic growth. As global attention to renewable energy continues to rise, using clean energy sources such as hydropower for Bitcoin mining has become a focal point for many nations. Ethiopia’s abundant hydropower resources provide a cost-effective and environmentally friendly advantage for large-scale mining. Government support and policy tilt often indicate that the industry will see a more regulated and healthy development environment, which may also attract more institutional capital participation. Such official-level initiatives are often important signals for industry development.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
NFTArchaeologist
· 11h ago
Ethiopia is playing its cards well; the advantage in hydroelectric mining costs is indeed unbeatable.
Government endorsement is the most valuable, providing reassurance to institutional-level capital.
Another country has awakened, and the global mining landscape is about to change.
Really, clean energy mining is the future; everything else is outdated.
Waiting for big capital to enter the market. Small countries daring to play like this show that the recognition of the crypto circle has truly increased.
View OriginalReply0
BasementAlchemist
· 11h ago
This move in Ethiopia is real. The advantage of hydropower combined with official endorsement makes it feel like the mining landscape is about to change again.
View OriginalReply0
DegenDreamer
· 11h ago
Ethiopia's move is quite good; with hydropower mining costs coming down, institutional capital is eager to move.
View OriginalReply0
LayoffMiner
· 11h ago
Ethiopia is trying to use hydropower for mining, the cost can be kept extremely low, which is really a bit desperate.
The government directly steps in to find investors, this signal is clearer than anything... probably institutions will flock in.
Wow, the era of hydropower mining is here? I need to see if there's still a chance to get on board.
It's called regulated development in a nice way, but actually it's a new track for competing for computing power, everyone wants a piece of the pie.
Clean energy mining sounds comfortable, environmentalists can't find any fault, brilliant.
View OriginalReply0
MEVHunterBearish
· 11h ago
Ethiopia has started mining Bitcoin as well; the advantage of hydropower is indeed attractive.
View OriginalReply0
BoredStaker
· 11h ago
Ethiopia is really going to start mining, with such low hydroelectric costs, it's a direct takeoff.
Ethiopian government seeks Bitcoin mining investment partners
【BitPush】There are reports that the Ethiopian government is actively seeking investors to develop Bitcoin mining operations. This move reflects an increasing number of countries beginning to recognize the digital asset industry as a new engine for economic growth. As global attention to renewable energy continues to rise, using clean energy sources such as hydropower for Bitcoin mining has become a focal point for many nations. Ethiopia’s abundant hydropower resources provide a cost-effective and environmentally friendly advantage for large-scale mining. Government support and policy tilt often indicate that the industry will see a more regulated and healthy development environment, which may also attract more institutional capital participation. Such official-level initiatives are often important signals for industry development.