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Bitcoin Mining Shift – Ethiopia Eyes 7% Global BTC Hashrate in 2025 with Price Above $100K
Ethiopia's potential for energy and its capacity to draw in investment make it a vital base for the expanding global Bitcoin mining...
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Last updated: Wednesday, June 4, 2025
Quick overview
- Ethiopia is emerging as a strategic hub for Bitcoin mining due to its renewable energy potential and investment appeal.
- The country's hydroelectric power, particularly from the Grand Ethiopian Renaissance Dam, provides cheap electricity for mining operations.
- Ethiopia currently contributes about 2.5% to the global Bitcoin hash rate, with projections to increase this share significantly.
- Bitcoin mining is generating approximately $65 million annually for Ethiopia, positioning the country as a potential crypto-driven economic leader in Africa.
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Ethiopia’s potential for renewable energy and its capacity to draw in investment make it a vital base for the rapidly expanding global Bitcoin mining industry.
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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