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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Phoenix Group Expands into Africa with Ethiopian Power Deal
Phoenix Group PLC (ADX:PHX), a leading UAE-based tech conglomerate, has announced a significant strategic move into Africa with the acquisition…
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UAE Federal Tax Authority Clarifies VAT Treatment for Cryptocurrency Mining
With the rising popularity of cryptocurrencies, the Federal Tax Authority (FTA) of the UAE has clarified the VAT treatment for…
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Bitcoin Miners Raise $3.7 Billion to Bolster Reserves Amid Rising Energy Costs
U.S. Bitcoin miners, including Mara Holdings, Riot Platforms, and CleanSpark, have raised over $3.7 billion since November through zero or…
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When Lawyers Kill All the Fun: BlackRock’s Bitcoin Promo Sparks Speculation
BlackRock’s latest promotional video for its Bitcoin ETF was supposed to spotlight Bitcoin’s decentralized nature and its fixed supply of…
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Phoenix Group Faces Major Leadership Transition as Bijan Steps Down
Phoenix Group, a pioneering cryptocurrency, blockchain, and Web3 company, and the first home-grown cryptocurrency firm listed on the Abu Dhabi…
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Quantum Breakthroughs Shake Blockchain Foundations: Adapt or Perish
Google’s groundbreaking Willow quantum chip has sent shockwaves across industries, and the blockchain world is no exception. Long considered a…
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Russia Officially Recognizes Digital Currencies as Property, Establishes Tax Frameworks
Russia has enacted a landmark cryptocurrency law that officially recognizes digital currencies, such as Bitcoin, as property. The Russia Cryptocurrency…
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From Power to Profit: How Bitcoin Mining and AI Data Centers Create a New Roadmap for Energy Producers
In the evolving energy landscape, countries with surplus power are rethinking traditional export strategies in favor of new opportunities in…
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Tether-backed Northern Data Nears Sale of Crypto Mining Division
Northern Data AG, the Frankfurt-listed company, is advancing towards a sale of its cryptocurrency mining business, spurred by November’s Bitcoin…
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Russia Imposes Crypto Mining Bans to Address Winter Energy Shortages
Russian authorities announced plans on Tuesday to impose crypto mining bans in several regions this winter to address electricity shortages.…
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