Ethiopia

Affordable Energy Prices Drive Chinese Bitcoin Miners to Relocate to Ethiopia

Wyatt NewsonFeb 12, 20242 min read

Ethiopia: A Lucrative Destination for Bitcoin Miners Ethiopia has become an attractive location for Bitcoin miners due to its lower energy costs and favorable government policies.…

Chinese Mining Companies Drawn to Ethiopia’s Affordable Electricity, Reports Bloomberg

Theon BarrettFeb 11, 20242 min read

Chinese Crypto Mining Companies Turn to Africa for Operations Chinese crypto mining companies are increasingly looking to Africa, specifically Ethiopia, for their mining operations. While cryptocurrency…

Is Ethiopia Becoming a Prominent Bitcoin Mining Destination – How Long Will it Endure?

Wyatt NewsonFeb 8, 20242 min read

Ethiopia: The Rising Bitcoin Mining Hub Ethiopia is gaining popularity as a destination for Bitcoin mining after China’s ban on the industry in 2021. Chinese miners,…

Is Ethiopia Becoming the New Haven for Chinese Bitcoin Miners Due to Affordable Electricity?

Gapster InnesFeb 8, 20242 min read

Chinese Bitcoin Miners Find a New Home in Ethiopia Chinese Bitcoin miners have recently been relocating to Ethiopia due to the country’s low electricity costs and…

US Senator Marco Rubio cautions about BRICS expansion endangering the efficacy of Western sanctions

Benito CormiJan 22, 20243 min read

BRICS Group’s Increasing Influence Worries Senator Marco Rubio Florida Senator Marco Rubio has expressed concern about the growing influence of the BRICS group in the global…

Currency Swap between Ethiopia and Nigeria Solves U.S. Dollar Shortages

Benito CormiJul 17, 20232 min read

Ongoing U.S. Dollar Shortages The bad news: Ethiopia and Nigeria are facing persistent U.S. dollar shortages, leading to a growth in the foreign exchange parallel market.…

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Ethiopia Crypto News & Updates | LolaCoin.org Ethiopia