BitX has formalized a strategic partnership with Ethiopia Mining Farm through a Memorandum of Understanding (MoU), signifying a major step forward in the company’s expansion across Africa. This agreement lays the foundation for introducing BitX’s AI-enabled Bit-X V2 Accelerator into Ethiopia’s mining operations, with the broader aim of ushering in a new wave of decentralized Web3.0 mining infrastructure on the continent.
The collaboration is anchored in the growing industry trend that emphasizes operational efficiency over sheer hardware scale. BitX’s core offering, the Bit-X V2 Accelerator, has been designed to double hashrate efficiency without necessitating hardware upgrades. The company’s AI-driven approach not only boosts productivity but also addresses energy concerns by reducing waste. With this move, BitX aims to enable emerging markets like Ethiopia to compete on a global level in the Bitcoin mining sector, despite lacking access to low-cost electricity or vast capital investments.
BitX’s leadership views Ethiopia as a high-potential region due to its largely untapped energy reserves and growing interest in digital transformation. The company’s CEO indicated that the partnership is not limited to technological implementation but extends to creating a more inclusive Bitcoin mining framework that promotes fairness and accessibility through Web3.0 infrastructure.
Representatives from Ethiopia Mining Farm echoed this optimism, indicating that the adoption of Bit-X V2 is expected to substantially enhance their operational efficiency. They viewed the integration as a significant step toward ensuring sustained competitiveness in an industry that continues to evolve rapidly.
As outlined in the MoU, BitX intends to deploy its acceleration technology across up to 20,000 mining machines in Ethiopia by the end of 2025. Plans are also in place to scale this initiative further throughout the African region. An additional component of this collaboration is BitX’s introduction of a Shared Accelerator Program, which will allow individuals globally to engage in decentralized mining by investing in AI-powered acceleration contracts. Entry into this program starts from $100, making participation accessible to a wider range of users.
This initiative aligns with BitX’s overarching goal of democratizing the mining industry. The company is focused on transforming previously isolated regions into integral components of the worldwide Bitcoin ecosystem. Through the use of AI, real-time optimization, and profit-sharing models, BitX is pushing for a smarter and more inclusive mining environment—one that reflects the foundational principles of Web3.0 such as openness, inclusivity, and user empowerment.
Having already implemented successful mining solutions in Central Asia and North America, the Ethiopia agreement represents a significant extension of BitX’s international reach. With Africa now joining its expanding global network, the company continues its mission to reshape Bitcoin production by focusing on innovation and decentralization rather than traditional capital-heavy strategies.