Ethiopia bitcoin mining – level 2
17-09-2025 07:00
Ethiopia now lets companies mine Bitcoin again. The country built a big dam, which makes a lot of electricity. But many people are still not connected to the power grid.
So the government sells the extra energy to Bitcoin miners. These companies pay big fees, which help build more power lines. Last year, they paid about 220 million dollars. The plan is to give electricity to everyone by 2030, but this is hard to achieve.
Mining Bitcoin in Ethiopia is cheap. It costs about 20,000 dollars, but one Bitcoin sells for more than 100,000. Therefore, Ethiopia is attractive for miners. In Europe, electricity is much more expensive. For now, Bitcoin is growing, and experts believe Ethiopia can become an important place for mining.
Difficult words: power grid (wires, cables, and stations which carry electricity from power plants to homes and businesses), attractive (something that makes people interested).
You can watch the original video in the Level 3 section.
How do the fees paid by Bitcoin miners contribute to building more power lines in Ethiopia?
LEARN 3000 WORDS with NEWS IN LEVELS
News in Levels is designed to teach you 3000 words in English. Please follow the instructions
below.
How to improve your English with News in Levels:
Test
- Do the test at Test Languages.
- Go to your level. Go to Level 1 if you know 1-1000 words. Go to Level 2 if you know 1000-2000 words. Go to Level 3 if you know 2000-3000 words.
Reading
- Read two news articles every day.
- Read the news articles from the day before and check if you remember all new words.
Listening
- Listen to the news from today and read the text at the same time.
- Listen to the news from today without reading the text.
Writing
- Answer the question under today’s news and write the answer in the comments.
Speaking
- Choose one person from our Conversation section.
- Talk with this person. You can answer questions from Speak in Levels.
Stock images by Depositphotos
