BitFuFu May Abandon 80 MW Ethiopia Bitcoin Mine Acquisition Over Power Dispute
Key Highlights BitFuFu’s planned acquisition of an Ethiopian mining facility has stalled due to unfulfilled conditions and an unresolved local power supplier dispute involving the target firm. The company has deployed roughly 13,700 Bitmain Antminer S19 units and paid $4.1 million in cash, warning there is a material risk the acquisition may never close. Total ...