Ethiopians question demand and power consumption despite crypto mining boom

Ethiopia is experiencing heightened electricity demands due to cryptocurrency mining, projected to reach 30% of national demand by 2025.

The Ethiopian Energy Outlook indicates that electricity consumption from crypto data centers will surpass 8 TWh in 2023, raising concerns about energy allocation.

Only 22% of Ethiopians have reliable electricity access, highlighting the need for balancing energy needs between mining and essential services.