Chinese miners are heading to Africa! 💼💡

In the global mining landscape, Ethiopia is rapidly emerging as an emerging hotspot. Due to the abundant and low-priced local hydropower resources, with each kilowatt-hour of electricity costing only 20 or 30 cents, a large number of Chinese companies have flocked here to open mines, focusing on mining Bitcoin, Ethereum and Litecoin. 🔋💰

Well-known companies such as Bitmain are also not far behind and are actively participating in it. The capacity of its mine in Ethiopia has reached 150 megawatts. Professionals pointed out that Ethiopia's mining capacity has accounted for 2.5% of the global Bitcoin network computing power, and it has great potential for future growth. It may become one of the fastest growing Bitcoin mining markets in the world. 🌍📈