– Ethiopia plans to phase out crypto mining by 2025, prioritizing energy security over energy-intensive operations.
– State-owned EEP will terminate mining permits and redirect energy toward rural electrification and public infrastructure.
– Crypto mining already consumes 27% of national grid capacity, prompting policy shifts to address sustainability and equity concerns.
– The move aligns with global trends seen in China and Kazakhstan, emphasizing energy governance over high-return crypto activities.
– Ethiopia’s strategy aims to stabilize energy access while influencing regional regulatory approaches across Africa.