According to ChainCatcher, Ethiopia has expanded its Bitcoin mining power allocation to 600 megawatts, becoming one of the fastest growing markets in the world, and plans to further increase capacity this year.

According to Ethan Vera, co-founder and CEO of Bitcoin miner Luxor, Ethiopian miners mainly use mid-generation equipment with lower power consumption, such as S19J Pro and A1346 models.

It is reported that Ethiopia also intends to become a Bitcoin mining center by signing power supply agreements with 21 mining companies, mainly Chinese ones.