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Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report

CoinTelegraph
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Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report

Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers.

Key Takeaways

  1. Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.