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Nalezeno "Chinese Bitcoin": 50

Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW


Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power...

Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia


Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...

Chinese Bitcoin Mines in the US Attract National Security Attention


Bitcoin mining operations in the United States, owned by Chinese entities, are currently under investigation for potential issues that could threaten national security, according to the New York Times (NYT).  The scrutiny began last year when a Chinese company began constructing a cryptocurrency...

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