Oman Announces Nearly $800 Million in New Investments in Cryptocurrency Mining Operations
2023/08/28 01:40
August 28th, the Omani government announced a $300 million deal with Abu Dhabi's Phoenix Group. This deal will enable Phoenix Group to collaborate with Green Data City, Oman's first licensed cryptocurrency mining entity, to develop a 150-megawatt cryptocurrency mining farm, which will be launched next year.
In addition, a few weeks ago, the Omani government approved a $370 million farm operated by Exahertz International, which plans to launch 15,000 machines before October.
Said Hamoud al-Maawali, Oman's Minister of Transport, Communications, and Information Technology, stated in the announcement that these investments mark an "important milestone" in Oman's efforts to "accelerate growth" in the digital economy.
BullishBearish1Share
Disclaimer:The content above does not represent HTX's positions.,HTX does not provide any trading recommendations.。
All Comments0LatestHot
No records