Hydropower’s Golden Touch: Bitcoin Mines Light Up Ethiopia’s Rural Areas 🌟
According to the Ethiopian Tribune, the Ethiopian Electric Power has been turning a tidy profit of $55 million over 10 months—no less than 18% of its annual revenue—by channeling surplus hydroelectricity into bitcoin mining operations. This windfall is not just a feather in their cap but a golden opportunity to fund strategic infrastructure development, expand transmission lines, and fortify distribution networks. All this, while addressing the yawning gap in rural electrification, where access stood at a mere 43% in 2021, leaving approximately 60 million citizens in the dark ages, so to speak.






