AiCoin|Sep 15, 2026 11:49
[Ethiopian Electric Power Corp Cuts Bitcoin Mining Companies' Power Supply by Three-Quarters]
Affected by the El Niño phenomenon, the inflow to Ethiopia's hydroelectric dams has decreased, leading Ethiopian Electric Power Corp to cut the power supply to the Bitcoin mining industry by three-quarters. Bitcoin mining companies contributed 35% of the company's revenue in the past fiscal year, consuming nearly one-third of the country's total power generation capacity of 9,730 megawatts. (Source: Bloomberg)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink