RE: LeoThread 2025-09-13 12:20

[professorstrange]

Bitcoin mining in Africa is financing the development of reliable electricity, helping millions in Ethiopia advance from outdated conditions. 🫡

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[professorstrange]

Recent update: Ethiopia Electric Power (EEP) generated $220 million from Bitcoin mining last year.

[professorstrange]

This income has facilitated advancements in the transmission network, with 8,700 substation bays installed and 28,571 km of new power lines built.

[professorstrange]

The real story is that this development is now receiving attention from mainstream media! Al Jazeera journalist Bernard Smith referenced the $220 million figure, noting:

[professorstrange]

"Ethiopia lacks a distribution network to provide electricity to half the population. The fees from Bitcoin miners are intended to support grid expansion."