Odaily Planet Daily News🌍: BIT Mining is making strides in Ethiopia, acquiring a 51-megawatt power facility and nearly 18,000 Bitcoin mining machines for $14 million! With electricity costs in Ethiopia being about 70% lower than in the United States, these old mining machines, which were retired in the US, have found a ‘rebirth’ here, extending their lifespan by about two years.💡

Ethiopia's abundant hydropower resources, particularly supported by the Grand Ethiopian Renaissance Dam, provide BIT Mining with a unique opportunity. Despite social unrest, the company has chosen to purchase existing facilities to mitigate risks. Currently, Ethiopia contributes 1.5% of the Bitcoin network's hash power, comparable to Norway. The future of Bitcoin is promising!🚀