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Maroc Maroc - WN.COM - Africa - 19/Jan 21:54

Ethiopia Seeks Global Partner to Launch State-Backed Bitcoin Mining

TL;DR The Ethiopian government is seeking a partner to launch a state-backed Bitcoin mining project, requiring capital, technology, and mining expertise. The country hosts 25 licensed mining companies that control 2.5% of Bitcoin’s hash rate and have generated over $200 million in revenue. The state strategy aims to retain and generate value within the country, utilize energy surpluses, develop local technical skills, and double mining...

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