Wednesday August 5, 2026

Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report

Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report

by Bitcoin.com August 4, 2025 1 min read

(Originally posted on : Bitcoin News )

Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines, […]

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MAGNE.AI Secures $2.64M Strategic Funding for Edge AI, Agentic Payments and On-Chain Infrastructure – Bitcoin News

by Media August 5, 2026 15 min read

(Originally posted on : Bitcoin News ) MAGNE.AI, an AI-native hardware and on-chain intelligence

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by Jamie Redman August 5, 2026 7 min read

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(Originally posted on : Bitcoin News ) Key Takeaways Citadel Mining holds about 6,996

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