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DeepNewz, mobile.
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Ethiopia is embarking on a $250 million project to establish a Bitcoin mining and AI data center, utilizing hydroelectric power from the Grand Ethiopian Renaissance Dam. The initiative involves partnerships with Russian firm BitCluster and Chinese companies, aiming for sustainable innovation and technological advancement in the country's economy.
🧵1/ Ethiopia launches a $250 million project to establish a Bitcoin mining and AI data center. This initiative, reported by @DecentraSuze in @Forbes, marks significant technological advancement in Ethiopia's economy. https://t.co/QpfjCNRjxP
The Ethiopian 🇪🇹 government is set to enter a partnership with companies from China 🇨🇳 to establish powerful new #Bitcoin mining ⛏️ infrastructure in the country, all centered around a massive hydroelectric dam. 🌊⚡️ https://t.co/frIjcqZ4xC
I took data of Turkish Central Bank's gold purchases from Q1 2019. Than calculated what would happen if they bought #Bitcoin and alternatively if they did 90% gold and 10% #Bitcoin. Turkey would have 1.6 million Btc and an excess dollar worth of $65.3 billion if they aped in. https://t.co/S4oaHLtsgM
