BIT Mining signed a $14 million deal to acquire a 51 MW Bitcoin mining facility in Ethiopia. This expansion marks the company’s first venture outside Ohio. Ethiopia’s cheap electricity ...

Chinese investment at Ethiopia’s largest dam is creating a powerful new mining hub. Still in its relative infancy, the area is already host to significant mining activity. Chinese investment at ...

BIT Mining, a leader in the world of crypto mining, has made an important move towards strengthening its position in Ethiopia, where it’s already been operating for years. It’s a significant ...

The American mining company BIT Mining Limited has completed the first stage of the transaction for the acquisition of data centers and mining equipment in Ethiopia. This is reported in a press ...

mining company BIT Mining (BTCM) from expanding its operations — until now confined to Akron, Ohio — into Ethiopia by signing a $14 million deal to acquire facilities worth 51 megawatts (MW ...

Reza Nejatian, CEO of Global Mining Operations at Phoenix Group, added: "This project in Ethiopia, significantly increasing our exahash rate, is a clear signal of our ambition to not just ...