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Chinese Bitcoin Miners Find a New Crypto Haven in Ethiopia

Ethiopia might seem like an unlikely place to set up crypto-mining operations, but cheap electricity and favorable regulations are attracting investors.

United kingdomUnited statesJaran mellerudLuxor veraHiwot eshetuAddis ababaEthan veraVitaliy borshenkoAlen makhmetovCambridge centre for alternativeInformation network security administrationChina digital mining associationInternational monetary fundMiner core scientific incBusiness developmentUnited nations university

Chinese Bitcoin Miners Find a New Crypto Haven in Ethiopia

Chinese Bitcoin Miners Find a New Crypto Haven in Ethiopia
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomAlen makhmetovVitaliy borshenkoJaran mellerudEthan veraAddis ababaLuxor veraYodahea zemichaelHiwot eshetuCambridge centre for alternativeLuxor technologyMiner core scientific incBusiness developmentInformation network security administrationChina digital mining association

Chinese bitcoin miners are flocking to Ethiopia, attracted by cheap energy, ideal climate

The east African nation has emerged as a haven for Chinese bitcoin miners, who were forced out of their home country after Beijing imposed a crypto ban.

United kingdomUnited statesAddis ababaAlen makhmetovYodahea zemichaelJaran mellerudEthan veraVitaliy borshenkoLuxor veraHiwot eshetuInternational monetary fundChina digital mining associationInformation network security administrationUnited nations universityLuxor technologyCambridge centre for alternative

Chinese Bitcoin miners find new crypto haven

LAST spring, cargo containers began appearing near electricity substations connected to the recently built Grand Ethiopian Renaissance Dam, Africa’s largest. Inside were stacks of powerful, energy-guzzling computers. It was a telltale sign that Chinese Bitcoin miners, having bounced from country to country in search of cheap power and benign regulations…

United kingdomUnited statesHiwot eshetuAddis ababaEthan veraLuxor veraYodahea zemichaelVitaliy borshenkoAlen makhmetovJaran mellerudChina digital mining associationBusiness developmentInternational monetary fundCambridge centre for alternativeMiner core scientific incUnited nations university

INSA Thwarts Close to 99 Percent Attempted Cyberattacks in Half Year

INSA Thwarts Close to 99 Percent Attempted Cyberattacks in Half Year
tanzanianewsreports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tanzanianewsreports.com Daily Mail and Mail on Sunday newspapers.

Addis ababaEthiopian news agencyInformation network security administrationEthiopian fiscalDirector general solomon soka