Photo by Getty Images Getty ImagesEthiopia plans to establish a $250 million bitcoin mining and AI data center, led by the Russian bitcoin mining company BitCluster, The project is a milestone in the country's journey towards integrating cutting-edge technologies such as bitcoin and artificial intelligence into its economic infrastructure. Aiming to become a global digital economy leader, Ethiopia is leveraging its renewable energy sources to power the advancement of bitcoin mining and AI development. A component of this ambitious initiative is Project Mano, a plan aimed at harnessing Ethiopia's renewable energy resources. This development underscores the growing emphasis on renewable energy in the bitcoin mining sector. This strategic move could significantly bolster the nation's economy, enhance its technological infrastructure, and position it as a leader in the clean energy-driven future of bitcoin mining.

Source: Ethiopian News February 19, 2024 06:45 UTC