Crypto mining
- MENA News
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…
Read More » - Crypto Mining
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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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…
Read More » - Reports
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.…
Read More » - Companies
Bitmain Refutes Allegations of Involvement in Huawei Supply Chain Probe
Bitmain, a leading cryptocurrency mining hardware manufacturer, has denied recent claims linking it to a supply chain investigation involving Huawei.…
Read More » - MENA News
Brevan Howard’s Crypto Trading Flourishes in UAE’s Regulatory Environment
During the AIM Summit in Dubai on Monday, Brevan Howard, a leading global hedge fund, revealed that a significant portion…
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U.S. Bitcoin Miners Reach Record 28.9% Control of Global Hash Rate
A new report reveals that top U.S.-listed Bitcoin miners have increased their control over the global network’s hash rate, reaching…
Read More » - Editor Choice
BHM Capital Suggests Going Long on Phoenix: MENA Crypto Mining Growth Strategy
According to a recent report by BHM Capital, Phoenix Group PLC (PHX) is poised for significant growth with an aggressive…
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