Ethiopia’s Energy Struggle: Crypto Mining vs. Power Needs
Ethiopia is at a crossroads, trying to figure out how to deal with the increasing energy demands of crypto mining. The government’s initial enthusiasm for this emerging industry is being put to the test as public pressure rises and energy resources become scarcer. The delicate balance between economic opportunity and energy security is now in jeopardy.
The Energy Drain of Crypto Mining
Ethiopia’s crypto mining scene has exploded, thanks in part to the country’s low energy costs. But there’s a catch. The Ethiopian Energy Outlook 2025 report indicates that cryptocurrency mining will account for nearly one-third of the country’s total power output this year. That’s a significant chunk, especially for a nation where many areas still…
