The Ethiopian government seeks investment partners to develop Bitcoin mining

【Chain Wen】The Ethiopian government recently sent a major signal—actively seeking international investment partners to promote Bitcoin mining operations. This reflects an increasing number of countries beginning to recognize and support the cryptocurrency mining industry at the policy level. For developing countries seeking diversified energy sources and economic growth opportunities, Bitcoin mining is indeed a viable industry direction. This also suggests that more similar national-level mining projects may be launched in the future.

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ForkMongervip
· 01-22 12:14
lol here we go again... another nation realizing btc mining = sovereign energy arbitrage play. but let's be real, the governance angle here is *chef's kiss* — ethiopia's essentially admitting their legacy systems can't compete anymore. protocol darwinism in action tbh
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LiquidationWatchervip
· 01-22 12:14
ngl this feels like 2021 all over again... governments jumping into mining right when everyone's talking about it? been there, lost that lmao. just remember what happened to el salvador's balance sheet when btc crashed. not financial advice but... watch those energy costs, that's where it all breaks down. margin calls are coming for someone eventually
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MetaMisfitvip
· 01-22 08:58
Speaking of Ethiopia, this move is quite aggressive, directly involving official mining... It feels like this is the real adoption.
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ser_we_are_earlyvip
· 01-19 12:44
This move in Ethiopia is amazing; even the government is starting to get involved with Bitcoin, which shows that mainstream acceptance has indeed increased.
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MemeKingNFTvip
· 01-19 12:40
Ethiopia's move is indeed trying to bottom out... Wait, isn't this the "continental rise and fall" logic I mentioned two years ago? Developing countries are starting to step in.
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LowCapGemHuntervip
· 01-19 12:35
This move by Ethiopia is quite something. Developing countries are starting to get serious, turning excess energy directly into cash. It's much more reliable than those idle infrastructure projects. Looking forward to seeing who else will follow suit.
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LiquidityWitchvip
· 01-19 12:35
nah this is the ritual happening rn... governments brewing the ultimate alpha by literally transmuting energy into satoshi's gold. ethiopia's playing 4d chess while traditional finance still figuring out checkers lol
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SchrodingerPrivateKeyvip
· 01-19 12:31
The big mining country is coming, ETH miners are in trouble now.
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