Environmental Changes by Bitcoin Mining in Ethiopia Bitcoin mining, the process of creating new bitcoins by solving complex mathematical equations, is highly energy-intensive. The mining process requires vast amounts of computing power, which translates into a significant demand for electricity. In Ethiopia, this high energy consumption has brought about significant environmental changes by bitcoin mining. news spy can also help you in providing guidelines about bitcoin trading One of the most significant environmental impacts of Bitcoin mining in Ethiopia is deforestation. Massive amounts of electricity are needed to power the mining rigs used to mine Bitcoin, and in Ethiopia, most of this electricity comes from hydroelectric plants. The power generated from these plants comes from damming rivers and flooding large areas, which inevitably leads to deforestation in the surrounding areas. Another serious issue is the depletion of natural resources, such as water. The ...