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🇪🇹 Ethiopia Wants to Launch State-Backed Bitcoin Mining Project
🔹 Prime Minister Abiy Ahmed stated that Ethiopia is seeking partners to implement a government-backed Bitcoin mining project, aiming to generate direct revenue for the country.
🔹 Ethiopia is currently the largest Bitcoin mining hub in Africa, with 25 licensed companies controlling approximately 2.5% of the global hashrate, thanks to cheap electricity from the GERD dam.
🔹 This plan is part of the Digital Ethiopia 2030 strategy, focusing on long-term economic growth through technology and blockchain#TariffTensionsHitCryptoMarket