Crypto Mining
Stay informed about the latest in crypto mining across MENA and globally, including ESG efforts and cooling technologies. Explore trends, regulations, and innovations shaping mining operations, sustainability, and the future of blockchain ecosystems.
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Crypto Parrot reports Bitcoin transaction fees has grown 20 fold since 2020
Bitcoin’s impressive price surge has spilled over 2021 as the asset hit another all-time high while increasing activity on the…
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Imining Blockchain and cryptocurrency company acquires CanEth backed by UAE IBC group
Canadian company CanETH Staking Services Inc., an institutional-grade staking service for holders of Ether backed by Khurram Shroff, Chairman of…
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Saudi Aramco listed among Forbes top 50 companies employing Blockchain
In February 2021 Forbes published its third annual top 50 Blockchain companies for 2020. Among those listed was Saudi Arabia’s…
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Chinese 500COM purchases bitcoin mining machines for more than 8 million USD
500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), has entered into a definitive purchase agreement (the “Purchase Agreement”) for 5,900…
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Blockchain UAE based Verofax and AI lending provider Turnkey Lender to build credit scoring solution
Verofax has won the Bahrain Islamic Bank Innovation Challenge offering a blockchain AI enable credit score solution
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UAE Agora Group Launches DeFi Congress in February 2021
Agora Events group is launch ingthe first and only event focused on DeFi in the MENA region. The Global DeFi…
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Iranian authorities seize thousands of bitcoin mining machines
Authorities in Iran have seized tens of thousands of bitcoin mining machines claimed to have been using illegally subsidized electricity…
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UAE operational Emirex crypto exchange signs MOU with UAE based M-strategy
UAE operational Emirex, crypto asset exchange and DUAE Based M-Strategy have officially signed a Memorandum of Understanding to establish terms &…
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Galaxy Digital launches Galaxy Digital Mining for crypto miners
Galaxy Digital a diversified financial services and investment management company in the digital asset sector has launched Galaxy Digital Mining,…
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US Bitfarms bitcoin mining operation raises 20 million USD
USA Bitfarms, one of the largest and most productive publicly listed bitcoin mining operations in the world has closed its previously…
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