Phoenix Group recently activated a 30 MW hydropower-backed crypto mining facility in Addis Ababa, Ethiopia, in partnership with Ethiopian Electric Power (EEP). Aggressive African Expansion The Abu Dhabi cryptocurrency mining company, Phoenix Group, recently announced the activation of a 30-megawatt (MW) hydropower-backed mining facility in Ethiopia. The project, a partnership with the state-owned Ethiopian Electric […]
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Gustavo Petro Warns Fossil-Fueled Crypto Mining Will Trigger ‘Climate Collapse’
Key TakeawaysColombia’s Gustavo Petro warned that fossil-fueled Bitcoin mining risks global climate collapse.Paraguay holds the 4th largest global hashrate, while...
