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Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem

Ethiopia has cut electricity deliveries to bitcoin miners by 75%, leaving them with just 23% of contracted power after El Niño reduced reservoir inflows by roughly 20%. The twist is that miners had become one of Ethiopia...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Ethiopia has cut electricity deliveries to bitcoin miners by 75%, leaving them with just 23% of contracted power after El Niño reduced reservoir inflows by roughly 20%. The twist is that miners had become one of Ethiopian Electric Power’s biggest customers, consuming roughly a third of its electricity and supplying about 35% of revenue. Now […]

Why this matters

Bitcoin is showing up inside the Mining theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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