RE: How much an AIM Listing is worth ....3 Feb 2025 16:08
With China’s ban on cryptocurrency, bitcoin miners have looked for locations worldwide with cheap power and friendly regulators.
The recently-commissioned Grand Ethiopian Renaissance Dam has given Ethiopia significant capacity and led to surprising success in power sales to the crypto sector.
“Currently, 18% of EEP [Ethiopian Electric Power] monthly sales come from bitcoin mining, up from nothing a year ago. This accounts for more than all of Ethiopia’s power exports to its neighbours,” says Hiwot Eshetu, EEP’s marketing and business development director.