🪙 BIT Mining expands in Ethiopia

📈 Chinese company BIT Mining has finalized a deal to acquire a mining facility in Ethiopia, which includes 18,000 rigs with a total capacity of 51 MW.

✅ The partially unfinished construction cost the company $14.32 million.

Electricity costs in Ethiopia are 70% lower than at BIT Mining's other facilities, allowing the company to utilize older equipment effectively.#btc #mining #Ethiopia #USJobOpeningsSurge #MicroStrategyAcquiresBTC