Wu Shuo learned that BitFuFu, a cloud mining company associated with Bitmain, announced it will acquire an 80-megawatt Bitcoin mining facility in Ethiopia, with an average electricity cost of less than $0.04 per kilowatt-hour. After the completion of this transaction, BitFuFu's hosting capacity will exceed 600 megawatts. Most of BitFuFu's mining infrastructure is currently located in the United States.