BITPRISMIA
Ethiopia Earns $1 Billion from Bitcoin Mining with Hydropower in 2024 Ethiopia has emerged as a surprising player in the cryptocurrency space, earning $1 billion in Bitcoin mining revenue in 2024. This achievement was made possible by harnessing excess electricity generated by the Grand Renaissance ...
Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash.
Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led to power shortages in Laos, challenging its goals as a hydropower exporter in Southeast Asia. Reuters: Increased Crypto Mining Strains Laos’ Hydropower Grid Laos, ofte...
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been default...
Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden.
Bitfarms Ltd. has started development on a new 50-megawatt (MW) Bitcoin mining facility in Paraguay, the company announced on August 7, 2023. The farm will be located in Paso Pe near Bitfarms’ existing mining operations in Villarrica and is expected to be fully operational in the first quarter of 20...
Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal.
The crypto kingdom of Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal.