CoinScoopEthiopia Cuts Power Supply to Bitcoin Miners by 75%
The Ethiopian Electric Power (EEP) has reduced electricity supply to Bitcoin miners by approximately 75% due to low water levels at hydroelectric plants, currently delivering only 23% of contracted amounts. The move prioritizes residential power needs. Bitcoin miners previously accounted for about 35% of EEP's revenue.
Summaries are written by AI from the original article. Not investment advice.