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Ethiopia: An African Paradise For Crypto Miners?

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Manage episode 416089238 series 2463991
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

See omnystudio.com/listener for privacy information.

  continue reading

53 episodes

Artwork
iconShare
 
Manage episode 416089238 series 2463991
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

See omnystudio.com/listener for privacy information.

  continue reading

53 episodes

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