Background

You Won’t Believe How Much Blood, Sweat & Tears Went Into Building Bitcoin’s Newest Playground in Hell: Ethiopia

A comic-style illustration depicting a fiery hellish landscape with flames and lava flows surrounding massive Bitcoin mining rigs. A giant, industrial-scale power plant looms in the background, emitting electricity as lightning bolts strike it down. The atmosphere is one of chaos and turmoil.

BitFuFu’s attempt to make Bitcoin mining sexy and lucrative has landed it its first physical facility in Ethiopia – because what says ‘opportunity’ like 80 megawatts of electricity? The company, which boasts an impressive collection of third-party mining facilities across the globe (USA, Portugal, Indonesia), just bought a new one. And by .

Source: cointelegraph

Cloud Bitcoin (BTC) miner BitFuFu has acquired its first brick-and-mortar mining facility. The company is calling the acquisition of an 80-megawatt (MW) facility in Ethiopia the start of its infrastructure diversification. The value of the deal was not disclosed. Nasdaq-listed, Singapore-based BitFuFu had 25 mining facilities as of June 30, all of which were hosted by third parties, with the majority located in the United States. Other facilities are located […]

Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

We are the internet’s finest destination for poking fun at the wild world of cryptocurrency! We transform the bewildering jargon and frantic hype of the crypto market into a comedy spectacle that’s almost as volatile as crypto itself.

© 2024 Cryptobro Magazine