According to Forbes, as of December 2024, Africa's Bitcoin mining power accounts for 3% of the global total, with Ethiopia contributing 2.5%, all relying on renewable energy, doubling its growth compared to 2023. Earlier reports indicate that this year Ethiopia's investment in Bitcoin mining infrastructure has exceeded $1 billion, with mining electricity sales revenue reaching $55 million. Benefiting from clean energy costs as low as 3.2 cents/kWh, Africa is becoming an important emerging market for global Bitcoin mining. It is expected that by 2025, more countries will follow Ethiopia's lead in promoting energy infrastructure development, rural electrification, and economic growth through Bitcoin mining.