Infrastructure · Bu'uuraalee MisoomaaSeptember 15, 2026
23%

Electric Power cuts the data miners from 98% of contract to 23%

Humni Elektirikii warra albuuda dijitaalaa 98% irraa gara 23%'tti hir'ise

Rows of cryptocurrency mining machines on blue metal shelving in a warehouse
Marco Krohn · CC BY-SA 4.0

Illustration: a cryptocurrency mining farm in Iceland, not one of the Ethiopian sites in this story.

ByThe Ensight deskCompiled from the sources named · 1 min read

Posted 5 Meskerem 2019 E.C. · 11:00 EAT (5:00 Ethiopian time) · Published by Ensight (Mo Creatives) · Photograph Marco Krohn · CC BY-SA 4.0

Ethiopian Electric Power reduced supply to data mining companies by 75 percentage points because hydrological inflows are falling; hydropower is about 96% of Ethiopian generation. A reassessment is due in October. In the year to 7 July the miners had paid the utility ETB 50.37 billion, more than the ETB 46 billion it earned from the domestic supplier.

Source: Ethiopian Electric Power, via Bloomberg

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