The project underscores the UAE's commitment to innovation, and reflects Phoenix's strategy to expand its geographical ...

Phoenix Group, an IHC portfolio company and a leader in digital asset infrastructure, in partnership with Ethiopian Electric ...

Akobo said it made the application, in close dialogue with the Ministry of Mines and Petroleum, after more than 10 years of exploration. Segele has an inferred 78,000 tonne resource grading 20.9g/t ...

As of Dec 2024, Africa now accounts for 3% of the total global Bitcoin mining hashrate, with Ethiopia alone producing 2.5%, more than double what the entire continent produced in 2023, entirely via ...

Ethiopia’s state-owned power producer, and a population of 126 million Ethiopians, welcomed the bitcoin mining industry in 2024 with an attractive electricity rate of USD 3.2 cents KWh. In this past ...

Landlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million inhabitants, making it the second most populous nation on the continent, and a GDP of $163 ...

With Ethiopia supporting Bitcoin mining at the state level, the crypto sector in Africa is entering a new chapter, with private players joining in. Ethiopia became the first country on the African ...

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 decision ...

Backing from Canada’s Wheaton Precious Metals for the Kurmuk project bodes well for the future of Ethiopian gold mining, executives say. Ethiopia is moving closer to fulfilling its potential as a ...

Invests 3.4 million pounds in Nyota Government identifies 500 tonnes of gold Ethiopia looks to double $105 million revenues ADDIS ABABA, May 28 (Reuters) - The International Finance Corporation (IFC), ...

AKRON, Ohio, Dec. 3, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it has ...