Bitcoin mining set to power Ethiopia’s energy expansion

Ethiopia just inaugurated Africa’s largest dam, doubling power output — but still lacks the funds to deliver universal electricity access.
Real-world applications of programmable value technology across African industries and sectors.

Ethiopia just inaugurated Africa’s largest dam, doubling power output — but still lacks the funds to deliver universal electricity access.

This comes after the East African nation generated $55 million from Bitcoin mining over a 10-month period in 2024, primarily through agreements with 25 mining companies.

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The country wants to establish trust by making all transactions immutable and transparent.

The East African country hopes to earn much-needed foreign exchange by providing electricity to these mining companies.

The five-part law protects the country’s monetary policy and energy infrastructure, per an official.

Integrating the metaverse into Mauritius’ financial sector can birth new financial innovations, the Financial Service Commission wrote.

However, this figure represents a 30% decrease from the $3.3 billion raised in 2022.

However, he believes the Angolan government should merely regulate rather than prohibit all forms of crypto-mining activities in the country.

The project, Changeblock, uses blockchain for carbon trading, letting companies offset excess emissions via verified reduction projects.

The country’s decision-makers believe crypto mining is interfering with the country’s electricity supply system.

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The Big Four firm highlighted Bitcoin’s environmental, social and governmental advantages in a report.

Yemi Johnson, the CEO of Nestcoin’s recent spinoff, Metaverse Magna shares his two cents on the mistakes of former play-to-earn models and the future of crypto gaming in Africa.

The company, otherwise regarded as one of the top advocates for blockchain gaming is now being cautious to not devalue its franchise

Libyan government has attributed bitcoin mining to the frequent power cuts in the country.

Metaverse Magna (MVM) also has a new CEO who is looking to grow the company via its new gaming platform Hyper.

African users will be rewarded in satoshis when they play games or listen to podcasts on the gaming app. They can convert the rewards to their local currency through Bitnob.

“I started Qlip in 2021 because I had used Steemit and Emanate, and I thought, ‘How can I fuse blockchain and music?’ It was then that I began to understand what NFTs are. I found out that NFTs can ... help artists to raise funds.”

While both men and women contribute to art, opportunities remain unequal for the latter. Thanks to its permissionless nature, blockchain can potentially drive inclusiveness in the creative industry.