The Country Preferred by Chinese Miners Signed a $250 Million Bitcoin Deal!

While the Ethiopian government made a data center agreement with the Hong Kong-based company, all eyes turned to Bitcoin (BTC) mining.

State-owned Ethiopian Investment Holding said in an announcement on February 5. Hong Kong West Data GroupData Center Service, a subsidiary of , is interested in operating a data center in the country. $250 million It was agreed.

In Ethiopia within the scope of the agreement made with the company data mining and artificial intelligence training operations It was stated that the aim was to establish the most advanced infrastructure for

On the other hand, on the subject in the statement CEO of Hashlabs Mining in Ethiopia Kal Kassasaid the government will mine Bitcoin through its partnership with Data Center Service:

Ethiopian Government established with Data Center Service [sic] will mine bitcoin through partnership.

However, crypto mining was not mentioned in the announcement made by Ethiopian Investment Holdings. According to the news recently presented by Bloomberg Chinese miners It was stated that his new favorite was the African country Ethiopia.

Ethiopia will launch the largest hydroelectric project ever undertaken in Africa in 2021. The Nile With the completion of the construction of the Renaissance Dam, Chinese Bitcoin miners began to flock to this region.


source site-9