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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Core Scientific Offers 27,000 Mining Rigs to Settle $38.6M Debt
Core Scientific, the largest Bitcoin miner by computing power, has submitted a proposal to the U.S. Bankruptcy Court for the…
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Marathon Digital Launches Crypto Mining Venture in Abu Dhabi Worth $406 Million
Marathon Digital, a company that specializes in cryptocurrency mining, is partnering with FS Innovation to launch a joint venture worth…
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Rising to the Top: UAE Booming Cryptocurrency and Blockchain Industry in Numbers
Uncertainty and significant changes have become a characteristic of the trajectory of cryptocurrencies. Since their inception, various setbacks and crises…
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Iran Releases Seized Crypto Mining Equipment Following Court Order…But Why?
Iranian authorities previously seized crypto mining equipment over the past few years because they believed it was causing stress on…
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Energy Crisis Forces Shutdown of Bitcoin Mining Operations in Europe
Due to increasing energy costs, bitcoin miners in the northern regions of Norway and Sweden, who had previously been mining…
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Digging for Digital Gold: Cryptocurrency Mining in the GCC
From simple home operations to warehouses filled with thousands of the most technologically advanced and efficient mining rigs, crypto miners…
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Bitcoin Mining Giant Core Scientific Takes Bankruptcy Route Due to Several Factors
Core Scientific, a publicly traded cryptocurrency mining company in the United States, is filing for Chapter 11 Bankruptcy in Texas.…
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Shanghai Upgrade: Ethereum Core Devs Set March 2023 for Release of Staked Ether
Ethereum developers determined on Thursday that the network’s next hard fork, “Shanghai”, will have a target release time frame of March…
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Phoenix Technology Signs New Distributor Agreement with MicroBT, Selling Their WhatsMiner Brand
Phoenix Technology, one of the leading cryptocurrency mining hardware retailers in the region and part of the wider Phoenix Group…
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Phoenix Technology Eyes Global Expansion and Announces an Investment of $300 Million
Phoenix Technology, one of the leading cryptocurrency mining hardware retailers, is eyeing global expansion in 2023 – after achieving unprecedented…
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