BitFuFu, a cloud mining company associated with Bitmain, announced that it will acquire an 80 MW Bitcoin mining facility in Ethiopia, with an average electricity cost of less than $0.04 per kilowatt-hour. Upon completion of this transaction, BitFuFu's hosting capacity will exceed 600 MW. Most of BitFuFu's mining infrastructure is currently located in the United States.
Cloud mining company BitFuFu announces acquisition of 80 MW Bitcoin mining facility in Ethiopia
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