Ethiopia Seeks Global Partner for State-Backed Bitcoin Mining

Ethiopia is preparing to enter Bitcoin mining at a state level as the government looks for global partners to support a national mining project.

As of now, Ethiopia hosts 25 licensed Bitcoin mining firms, and together they control about 2.5% of the global Bitcoin hash rate, a strong position for a single African nation.

These private miners have already generated more than $200 million in revenue, showing that the sector is bringing real money into the country.

How This Fits Into Digital Ethiopia 2030 Strategy

The state mining plan aligns closely with Ethiopia’s Digital Ethiopia 2030 strategy, which focuses on using technology to support long-term economic growth.

Alongside Bitcoin mining, the strategy includes wider use of blockchain, digital payments, and modern data systems.

By entering mining directly, the government hopes to keep more value inside the country, use excess power efficiently, and build local technical skills. Officials see Bitcoin mining as both an income source and a way to strengthen Ethiopia’s digital future.

If successful, Ethiopia’s state-backed mining effort could set an example for other nations looking to turn energy resources into digital economic growth.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.