Cryptocurrency

Bitcoin Mining Expands in Ethiopia While Plus Wallet’s 15-Min Listings Transform Token Launches & Phantom Wallet Escapes Breach

IndustryTrends

Reports indicate that Ethiopia now accounts for 2.5% of the global Bitcoin mining hash rate, driven by renewable energy and increased investments. This growth highlights the rise in crypto and the opportunities it offers to investors, developers, and new projects.

However, in this competitive space having the right tools is the ultimate key to success. Plus Wallet addresses this need with its lightning-fast 15-minute token listing process. Recognized as one of the best crypto wallet apps, Plus Wallet’s combination of speed, security, and simplicity has made it a top choice for efficiency among businesses.

Meanwhile, Phantom Wallet is another similar too, which recently confirmed that it was unaffected by the recent Solana supply chain attack involving the Web3.js library, reinforcing its commitment to user security.

Bitcoin Mining Booms in Ethiopia

Ethiopia has quickly become a major player in Bitcoin mining, contributing 2.5% to the global hash rate. With local Bitcoin mining operations expected to double within a year, the country is attracting global attention. This growth follows China's 2021 mining ban, leading many Chinese miners to relocate to Ethiopia.

Companies like Bitmain and BIT Mining have invested due to the country's abundant hydropower and renewable energy. The Ethiopian government has actively promoted the country as a Bitcoin mining hub, generating significant revenue and positioning Ethiopia as a key global mining player.

Phantom Wallet ‘Unaffected’ by Solana Attack

Phantom Wallet confirmed it was not affected by the recent Solana supply chain attack involving a compromised Web3.js library. The attack, identified on December 2, exposed some users to malicious versions of the library, which could leak private keys. Phantom reportedly didn’t use the compromised versions and reported no issues.

The attack resulted in losses under $200K, but the malicious code was swiftly removed. While the exploit was limited, some Solana apps and services may have been exposed, though it primarily affected a small number of users.

Instant Token Listings: Plus Wallet’s Fast-Track Solution

In today’s fast-moving crypto world, where speed and efficiency can make or break a project, Plus Wallet has become a game-changer for crypto developers. Its 15-minute token listing process provides a faster and more effective way to launch tokens. Projects can apply directly on the Plus Wallet website and undergo a quick, secure verification process. Once approved, tokens are live and ready for trading.

While traditional wallets can take weeks to list new tokens, Plus Wallet allows projects to build momentum right from the start. This streamlined process boosts visibility, increases trading activity, and helps projects engage with their communities without delay.

This efficiency is critical for developers who want to focus on growth rather than getting bogged down by slow administrative hurdles. For investors, Plus Wallet provides instant access to fresh tokens, enabling them to seize opportunities early and stay ahead of market trends.

As one of the best crypto wallet apps, Plus Wallet also prioritizes strong security and a user-friendly design. Features such as encryption, private key storage, and two-factor authentication ensure assets remain safe from external threats. Meanwhile, its intuitive interface makes managing crypto assets straightforward and effective.

By combining fast token listings, reliable security, and simplicity, Plus Wallet offers an all-in-one solution for developers and token issuers looking to succeed in today’s competitive market.

Final Thoughts

Ethiopia’s growth in Bitcoin mining shows how countries with cheap, renewable energy can become major players in crypto, changing the global mining scene. It also highlights the importance of efficiency and usability for success in the crypto world.

While Phantom Wallet’s security assurance provides relief for its users, Plus Wallet sets a higher standard as a more efficient and business-focused solution. Its swift token listings far outperform traditional options, allowing projects to go live instantly. Combined with free invoicing tools, cross-chain access, and mobile-first convenience, Plus Wallet ranks as one of the best crypto wallet apps today.

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