China’s BIT Mining expands to Ethiopia with a $14M acquisition of a 51MW facility

BIT Mining, a Chinese Bitcoin mining company, completed a $14.28M deal with Ethiopia on December 3rd to acquire a 51-megawatt facility and 18K mining rigs. Ethiopia is now at par with Norway, contributing about 1.5% of the total Bitcoin hashrate. source: https://www.cryptopolitan.com/bit-mining-expands-to-ethiopia-with-a-14m/