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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Abu Dhabi Bans Cryptocurrency Mining on Farms
Abu Dhabi authorities have declared that farms cannot be utilized for cryptocurrency mining activities. Cryptocurrency mining involves verifying transactions and…
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Decentralized Storage Takes Root: Serenity Shield Chooses Oman for First Facility
Serenity Shield, a blockchain-powered decentralized data storage company, announced on May 20, 2024, that Muscat, Oman will be the location…
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Biden Shuts Chinese-Linked Crypto Mining Facility Over National Security Concerns
President Biden has issued an executive order mandating the closure and divestment of a Wyoming-based cryptocurrency mine operated by a…
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Solo Bitcoin Miner Strikes Gold, Nets $218,544 Reward
In a remarkable turn of events on Monday, a solo Bitcoin miner defied the odds, solving a block and walking…
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Bitcoin Mining Profitability Faces Strain: Hashprice Nears Record Low
The metric indicating the profitability of Bitcoin mining is nearing its lowest point ever, reminiscent of the aftermath of Sam…
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Bitcoin Halving Sparks Major Drop in Transaction Fees
Just a day after hitting an all-time high average of $128 on April 20, Bitcoin transaction fees have seen a…
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Bitcoin Completes its Fourth Halving: Key Metrics and Market Outlook
The highly anticipated Bitcoin software update, known as the “halving,” has been successfully implemented, potentially impacting companies involved in maintaining…
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Bitcoin ETF Launch Fuels Prices, Yet Mining Industry Faces Uphill Battle
In the wake of the Bitcoin exchange-traded fund (ETF) debut in January, enthusiasts have witnessed a remarkable rise in the…
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Bitcoin Mining Difficulty Surpasses 80 Trillion Ahead of Halving
Bitcoin mining has reached a major level as the difficulty of mining the cryptocurrency soared past 80 trillion on February…
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Phoenix Group PLC: Expansion and Market Response
Phoenix Group PLC, a listed company on the Abu Dhabi Exchange (ADX) since December 5, 2023, recently approved a strategic…
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