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Ethiopia Freezes New Power Permits for Crypto Miners Amid Grid Constraints

2025-08-11 03:35:11

Ethiopia Freezes New Power Permits for Crypto Miners Amid Grid Constraints

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Ethiopia is halting new electric power permits for data mining companies, effectively freezing the expansion of crypto-mining operations due to limited capacity. The decision follows a surge in interest, with 25 bitcoin mining firms already operating and nearly 20 more awaiting approval, drawn by Ethiopia’s cheap tariffs and abundant hydropower. EEP had marketed power sales

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