Ethiopia Emerges as Africa’s Leading Bitcoin Mining Hub

Source Cryptopolitan

The co-founder and the COO of Luxor has shared that Ethiopia is fully operational with an increased hash rate for BTC as 600 MW for mining. Ethiopia’s most popular mid-generation mining rigs were the Avalon A1346 and Antminer S19J Pro models.

Ethan Vera has visited Ethiopia with government officials and people from the mining industry. He said that EEP has confirmed its support for Ethiopia Bitcoin mining industry. It has also promised to energize 100s of megawatts as 2024 ends.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Fed FOMC Meeting Is Approaching: Where Is the Focus? Will There Be More Rate Cuts This Year?Global financial markets are set for a "Super Central Bank Week" this week, as five major central banks, including the Federal Reserve, the European Central Bank, and the Bank of Japan, a
Author  TradingKey
10 hours ago
Global financial markets are set for a "Super Central Bank Week" this week, as five major central banks, including the Federal Reserve, the European Central Bank, and the Bank of Japan, a
placeholder
Japanese Yen extends the range play against USD; looks to BoJ for fresh impetusThe USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.
Author  FXStreet
15 hours ago
The USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.
placeholder
Bitcoin Returns to $79,000 Level. Prediction Markets Bullish on Breaking $80,000 in AprilBitcoin prices have strengthened again, breaking through $79,000 amid strong bullish sentiment; however, investors should be wary of this week's Federal Reserve interest rate decision.On
Author  TradingKey
Yesterday 10: 35
Bitcoin prices have strengthened again, breaking through $79,000 amid strong bullish sentiment; however, investors should be wary of this week's Federal Reserve interest rate decision.On
placeholder
WTI sticks to modest gains above $94.00 as Hormuz standoff fuels supply concernsWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a positive note and reverses a part of Friday's modest decline, though the upside remains capped.
Author  FXStreet
Yesterday 01: 12
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a positive note and reverses a part of Friday's modest decline, though the upside remains capped.
placeholder
Semiconductor Sector Continues to Rise, Should Retail Investors Buy Intel or AMD? On April 23, Eastern Time, Intel (INTC) reported its latest quarterly earnings results, showing that revenue grew 7% to $13.6 billion and earnings per share was $0.29, beating expectation
Author  TradingKey
Apr 24, Fri
On April 23, Eastern Time, Intel (INTC) reported its latest quarterly earnings results, showing that revenue grew 7% to $13.6 billion and earnings per share was $0.29, beating expectation
goTop
quote