Ethiopia has reduced electricity supplied to the Bitcoin mining sector to 23% of prior levels as the country faces a power shortage tied to lower inflows into hydropower reservoirs, according to a Techub News brief citing Bloomberg Crypto. The report said power available to mining has been cut by three-quarters. Authorities are prioritizing electricity use for households and critical infrastructure instead. The move reflects pressure on the country’s generation system as hydropower output is affected by weaker reservoir inflows. No additional measures or timeline were disclosed in the brief. The report focused on the scale of the cut and the government’s stated priority for residential and essential services.
Ethiopia has cut electricity supplied to the Bitcoin mining industry to 23% of previous levels as the country deals with a power shortage caused by lower inflows into hydropower reservoirs, according to a Techub News brief citing Bloomberg Crypto.
The report said power available to the sector has been reduced by three-quarters. The measure is intended to prioritize electricity demand from households and critical infrastructure.
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