It was undermined by Munich International Mining, a company that income Asic de Bitcoin.
The advantage of Ethiopia as a Minero Paradise lies in its cold climate of much of the year.
Munich International Mining (MIM), one of the mining companies known for mine Bitcoin from Africa, an announcement that got block 899.524. The mining company confirmed that this block was undermined from Ethiopia, place from where they provide Bitcoin mining services such as ASIC equipment hosting that other people can rent. The Mim farm is located near Addis Abeba, the capital of Ethiopia, which has more than 3 million inhabitants.
He MIM MINED BLOCK generated a total of3.15 BTC, or $ 328,000, for block subsidies; and about 0.027 BTC or $ 2,000 per paid rates of users at the time of writing. It was undermined through Oceanthe mining pool that drives decentralized mining and allows the selection of mining templates.
Munich International Mining offers mining hosting of one or more Bitcon ASIC. The company ensures that they are not brockers, but that they have their own farms to undermine Bitcoin. In addition to Ethiopia, They operate in the municipality of Villarica and Asunción, the capital of Paraguay.
As Cryptonotics reported, Ethiopia reached 600 megawatts (MW) of Operations Bitcoin miners in October 2024. The opening of this country to Bitcoin mining is demonstrated by the collaboration offered by the state -owned electricity supply company, Ethiopian Electric Power (EEP). In the first quarter of 2024, a report estimated that this company entered 2 million US dollars for miners activities. In the second quarter, the Earnings ascended at 10 million dollars. In November, EPP had already generated More than 50 million dollars In less than a year.
The advantage of Ethiopia as a “African paradise” lies in its cold climate for most of the year. Since teams reach high temperatures, locations are ideal Where the weather helps to dissipate the heat that emanates from the ASIC. This natural dissipation also contributes to reduce the costs of mining operations, as artificial cooling systems become expendable.
