Africa’s Role in Bitcoin Mining: 3% Share in Global Hashrate via Renewables

Description

The Africa Bitcoin mining hashrate has surged to an impressive 3% of the global total as of December 2024, a significant leap for a region historically underrepresented in the crypto mining landscape. Notably, Ethiopia accounts for 2.5%, achieved entirely through renewable energy. This growth underscores Africa’s potential to harness Bitcoin mining as a tool for economic development, electrification, and sustainable energy innovation. Africa’s Mining Boom: A Game-Changer 1. Rising Contribution t...