Please call me dumb: how in the world is $BTC mining sustainable?

According to Foresight News, Ethiopia is utilizing excess hydropower from the Renaissance Dam to boost its Bitcoin mining industry. Last year, the country generated $1 billion in revenue from this initiative, accounting for 18% of its electricity income. By converting surplus hydropower into a profitable asset, Ethiopia has attracted numerous global investors. This strategy leverages low energy costs to promote sustainable energy and economic growth in Africa.