This is huge â and massively underappreciated. Ethiopia is officially stepping into #Bitcoin mining, not through private companies, but at the government level.
Prime Minister Abiy Ahmed just announced plans for state-sponsored #Bitcoin and crypto mining, powered by the countryâs surplus hydropower. Cheap, renewable energy that was previously idle is now being redirected into digital infrastructure.
This isnât speculation. This is about monetizing excess energy, generating foreign revenue, and putting Ethiopia on the global #Bitcoin mining map. Governments donât do this unless the economics make sense â and unless they believe #Bitcoin is here to stay.
Weâve seen this playbook before: energy-rich nations turning stranded power into hash rate.
â First it was private miners.
â Now itâs nation-states.
Is this the start of Africaâs Bitcoin mining race?
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