Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report
Main Idea
The content appears to be promotional material for online casino bonuses and cryptocurrency gambling offers, listing various deals and incentives.
Key Points
1. Multiple bonus offers are listed, including percentage bonuses up to certain amounts (e.g., 360% up to $100,000, 250% up to 1 BTC).
2. Free spins are included in many of the offers, with quantities ranging from 50 to 400.
3. Some promotions mention no KYC (Know Your Customer) requirements and VPN-friendly access.
4. Additional perks include rakeback percentages, weekly cashback, and instant withdrawals.
5. The promotions are tied to cryptocurrency deposits, with mentions of BTC, USDT, and ETH.
Description
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines,
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