Ethiopia: A haven for Bitcoin miners?

Quick Summary:

In recent years, Bitcoin mining has expanded globally, with regions like China, the US, Kazakhstan, and Russia leading the charge due to their abundant energy resources and favourable regulations.

However, as mining regulations tighten in some of these countries, new markets are being explored by digital asset companies.

This move demonstrates Ethiopia’s willingness to explore blockchain’s potential, which is expected to extend to Bitcoin mining regulations.

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Article Details

Author / Journalist: Norah Liu

Category: StartupsTechnology

Markets: SingaporeChinaEthiopiaKazakhstan

Topics: Bitcoin Bitfufu-1 Blockchain Web3 Community BitFuFu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 02:00:47 (5 days ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 655 words

Reading Time: 4 minutes read

Sentences: 1 lines

Sentence Length: 655 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 23989124

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About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 4 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 10 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #10

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