Ethiopia boosts its electricity allocation for Bitcoin mining to 600 MW, becoming one of the fastest-growing markets. Plans are underway to further expand capacity by year-end.
Bollywoodfever: Ethiopia has rapidly increased its electricity allocation to Bitcoin mining, now providing 600 megawatts (MW) for the activity, making the country one of the fastest-growing markets globally. The expansion is set to continue, with plans to add a few hundred more megawatts by the end of the year, according to Ethan Vera, co-founder and CEO of Bitcoin miner Luxor.
Vera, who visited Ethiopia’s mining farms, noted the use of mid-generation mining machines such as the S19J Pro and A1346 models, which are favored for their low power consumption. Many farms also employ evaporative cooling systems, though they are not needed year-round due to Ethiopia’s cooler climate.

This significant growth in Bitcoin mining follows Ethiopia’s signing of power supply agreements with 21 primarily Chinese mining companies earlier this year. These agreements, along with the commissioning of the Grand Ethiopian Renaissance Dam, are expected to help Ethiopia tap into its surplus electricity, which currently goes underutilized due to limited infrastructure.
According to reports, Ethiopia only uses about 5% of the 4.9 gigawatts of hydroelectric power it has generated since 2021, as only 51% of the population has access to electricity. Experts believe that Bitcoin mining could help Ethiopia generate the capital needed to expand its power distribution infrastructure, provided that regulatory hurdles are addressed.
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