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Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report

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Importance 48Neutral* Trust 78 · 1 source3.5Market Impact: 3.5/10 · Low
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Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report

Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers.

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