Ethiopia bitcoin mining – level 1

Ethiopia bitcoin mining

17-09-2025 07:00

Ethiopia makes a lot of electricity with a new big dam. But many people in the country still have no power in their homes.

The government gives extra energy to Bitcoin companies. These companies pay money, and the money helps build more power lines. The goal is to bring electricity to every home one day.

Mining Bitcoin in Ethiopia is cheap. One Bitcoin costs about 20,000 dollars to make. But people can sell it for more than 100,000 dollars. That is why many companies want to mine in Ethiopia.

Experts say that this is not forever. Later, more people in Ethiopia will use the electricity. But now Bitcoin is strong, and Ethiopia can grow as a place for mining.

Difficult words: dam (a big wall across a river), goal (what you want to do or reach in the future), mine (to get minerals and other things from the ground; to make new coins with computers).

You can watch the original video in the Level 3 section.

How do payments from Bitcoin companies aid Ethiopia’s goal of bringing electricity to every home?

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