Ethiopia interrupts new electrical energy permits for data exploration companies, effectively freezing the expansion of crypto operations operations due to limited capacity. The decision follows a sharp increase in interest, with 25 Bitcoin extraction companies already operating and nearly 20 others awaiting approval, drawn by cheap prices for Ethiopia and abundant hydroelectricity. EEP had marketed electricity sales (…)
Source link
Ethiopia Freezes New Power Permits for Crypto Miners Amid Grid Constraints
