Bitmain-Backed BitFuFu to Acquire 80MW Bitcoin Mine in Ethiopia

Bitmain-affiliated Bitcoin mining and cloud mining firm BitFuFu is set to expand its power capacities through an acquisition in Ethiopia. The company announced on Tuesday that it had entered into a definitive agreement to purchase a majority stake in an 80-megawatt Bitcoin mine in the Horn of Africa, which boasts electricity costs of less than […]

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