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Bitcoin Miners Became Ethiopia’s Best Power Customers. Then Their Supply Was Cut to 23%. Mining brought in 35% of the state power utility’s revenue. A drought exposed the brutal price of being easy to switch off.

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Sep 21, 2026 · 20:52

Bitcoin miners brought in **35% of Ethiopia’s state power utility’s revenue.**

Then drought hit—and their power allocation fell to just **23% of contracted supply.**

Their biggest selling point suddenly became painful: they’re easy to switch off.

The machines stop. Debt payments keep coming. Hardware keeps aging.

**Bitcoin can survive miners disappearing. Can the miners survive being expendable?**

Ethiopia just exposed the hidden price of Bitcoin mining’s flexibility—and why being a valuable customer doesn’t guarantee you’ll keep the power.

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