Crypto mining is an energy-intensive process. So miners are always on the lookout for the best place to operate. The United States and Hong Kong are known hosts for mining. But lately another country stands out: Ethiopia.

On this week’s Next Africa Podcast, host Jennifer Zabasajja speaks with Bloomberg’s reporter Fasika Tadesse about how Ethiopia is now seen as a growth market in the crypto industry - especially for Chinese miners. A move that is not welcomed by everyone in the country.

Crypto mining is an energy-intensive process. So miners are always on the lookout for the best place to operate. The United States and Hong Kong are known hosts for mining. But lately another country stands out: Ethiopia. On this week’s Next Africa Podcast, host Jennifer Zabasajja speaks with Bloomberg’s reporter Fasika Tadesse about how Ethiopia is now seen as a growth market in the crypto industry - especially for Chinese miners. A move that is not welcomed by everyone in the country.

Each week, Jennifer Zabasajja provides a deep dive into the business stories that shape Africa. Join Jennifer and our Bloomberg reporters as they lift the lid on the news driving the continent. 

Each week, Jennifer Zabasajja provides a deep dive into the business stories that shape Africa. Join Jennifer and our Bloomberg reporters as they lift the lid on the news driving the continent.

Inside the stories shaping the world’s fastest-growing continent.

Next Africa

Ethiopia: An African Paradise For Crypto Miners?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8f4850ec-12fc-4caa-9aab-b16400ddf51c/transcript

Advertisement