Quote from: WatChe on Today at 06:43:37 AM

It's March 23, 2024 now and there is still no confirmation that this proposed data centre [1] is operational or not. Moreover this data center is not only about Bitcoin mining but also about setting up facility for AI. Now is Feb 2024 [2], Ethiopia government has signed another MoU (with Hong Kong-based West Data Group) for development of infrastructure for data mining and artificial intelligence training operations in the country. Basically it's development of data centre where different cutting edge technologies will be hosted and Bitcoin mining will also be part of it.

[1] https://www.forbes.com/sites/digital-assets/2024/02/18/ethiopias-250-million-tech-expansion-in-bitcoin-and-ai/?sh=6031ac5f61f3
[2] https://www.reuters.com/technology/ethiopia-set-up-large-data-centre-amid-reported-bitcoin-mining-surge-2024-02-16/

MoU's don't mean anything. They basically just say: "We intend to explore the possibility of doing this and that, but it is not legally binding". It's when the contracts arrive and are signed that really matters.

Besides, I doubt Ethiopia government allows a bitcoin mining operation when the whole country is already experiencing rolling power outages.