$BTC AFRICA MAKES A POWER MOVE: ETHIOPIA ENTERS STATE-BACKED BITCOIN MINING 🚨
This is a major development — and it’s flying under the radar. Ethiopia is officially stepping into Bitcoin mining, not via private companies, but at the state level.
Prime Minister Abiy Ahmed has announced plans for government-backed Bitcoin and crypto mining, powered by Ethiopia’s surplus hydroelectric energy. Cheap, renewable power that was previously underutilized is now being converted into digital infrastructure and economic output.
This move isn’t about hype or speculation. It’s about monetizing excess energy, creating foreign revenue streams, and securing Ethiopia’s place on the global Bitcoin mining map. Governments don’t make these decisions unless the numbers work — and unless they see Bitcoin as a long-term asset.
We’ve seen this model before:
First, private miners tapped stranded energy.
Now, nation-states are stepping in.
Could this be the beginning of an African Bitcoin mining race? 🌍⚡
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#Bitcoin #BTC #CryptoMining #Africa #Blockchain