BIT Mining, a Chinese bitcoin mining company, has expanded into Ethiopia, attracted by the country's low electricity costs.
Cryptopolitan on MSN5h
China’s BIT Mining expands to Ethiopia with a $14M acquisition of a 51MW facilityBIT Mining, a Chinese Bitcoin mining company, completed a $14.28M deal with Ethiopia on December 3rd to acquire a 51-megawatt ...
In fact, for Dr. Youwei Yang, chief economist at BIT Mining, Ethiopia’s ultra-low electricity costs provide the firm with a ...
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