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Cloud Miner BitFuFu Acquires 80 MW Bitcoin Mining Facility in Ethiopia Beincrypto 22 Oct 2024

Cloud Miner BitFuFu Acquires 80 MW Bitcoin Mining Facility in Ethiopia

BitFuFu, partnered with Bitmain, acquires an 80 MW Bitcoin mining facility in Ethiopia, marking a strategic shift towards global presence and asset ownership. This move boosts BitFuFu's capacity and leverages Ethiopia's hydroelectric potential for Bitcoin mining, enhancing profitability. The exact facility location remains undisclosed.