Phoenix Partners With Green Data City To Develop $300 Million Cryptocurrency Mining Farm

08/28 03:25

Abu Dhabi's Phoenix Group has partnered with cryptocurrency mining company Green Data City to develop a $300 million mining facility in Oman, which will be fully operational in the second quarter of next year. The mining facility will have a computing power of up to 150 megawatts.It is reported that Green Data City is the first company in Oman to obtain a cryptocurrency mining license.
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