Phoenix Group expands its Bitcoin mining operations in Ethiopia, securing an additional 52 MW of power! This brings its total capacity in the country to 132 MW, boosting its global presence to 500+ MW across five nations. The new mining site will double its hash rate to 2.4 EH/s by mid-2025, leveraging hydro-cooling technology & renewable energy. 90% of its power comes from hydropower, reinforcing its commitment to sustainable mining. 🌱⚡ Is Ethiopia emerging as a key hub for eco-friendly Bitcoin mining? Let’s discuss!