Bitcoin
Ethiopia Cuts Power Supply to Bitcoin Miners Following Drought-Driven Hydro Shortages
State utility Ethiopian Electric Power has curtailed electricity deliveries to local Bitcoin mining operations as falling reservoir levels force energy rationing.
State-owned utility Ethiopian Electric Power (EEP) has cut electricity deliveries to Bitcoin mining facilities by 75%, according to statements by Chief Executive Ashebir Balcha during an earnings review. Under the rationing schedule, mining firms are receiving approximately 23% of their contracted energy volumes as the state prioritizes residential consumers and local industry.
The reductions follow a drop of at least 20% in water inflows across national hydroelectric reservoirs, caused by drought conditions linked to El Niño. The shortfall has impacted key generation sites, including the Gilgel Gibe III dam and the 5,150-megawatt Grand Ethiopian Renaissance Dam, prompting EEP to reduce its electricity generation target for the 2026–2027 fiscal period by 10%.
The rationing measures affect a sector that had previously consumed nearly one-third of Ethiopia's 9,770 megawatts of capacity and accounted for roughly 35% of EEP's revenue. The state provider has not disclosed specific details regarding the individual mining sites affected or the precise electrical load disconnected.
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