Chinese Bitcoin miners, pushed from their homeland, are finding a new frontier in Africa, especially Ethiopia, drawn by cheap electricity rates. The Grand Ethiopian Renaissance Dam is central to this shift, offering a mix of low-cost energy and a government open to mining. But with nearly half of Ethiopia's population living without electricity, the move raises questions about balancing industry growth with local energy needs. This scenario echoes the rise and fall of Bitcoin mining in Kazakhstan post-China's 2021 ban.

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