Ethiopian PM Announces Clean-Energy Bitcoin and Crypto Mining Plans

Published at 2026-01-19 13:15:07

Ethiopia’s prime minister has unveiled plans to deploy the country's clean-energy resources to mine Bitcoin (BTC) and other cryptocurrencies. The announcement places Ethiopia alongside a number of nations exploring sovereign-backed mining projects, with officials framing the program as a way to monetize excess renewable generation and support economic diversification.

If executed, the initiative could boost digital-asset adoption, create jobs, and improve grid economics by absorbing surplus power, but it will also demand clear regulation, transparency, and infrastructure investment to manage market and governance risks. The move underscores a shift in some governments toward integrating crypto mining into national energy and development strategies rather than treating it as an isolated experiment.

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El Salvador says it will continue buying Bitcoin despite the market downturn, with Vice President Félix Ulloa calling BTC part of the country's reserve strategy and a hedge against a future without fiat. The government rejected critics who warned of volatility and fiscal risk.

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Adam Back: "Bitcoin Is the Future of Finance"

Cypherpunk veteran Adam Back, cited in Satoshi’s whitepaper, said Bitcoin will form the future of finance. His statement bolsters a bullish narrative that could influence institutional interest and policy debates around BTC.

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Published at 2026-02-19 12:45:08

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