The North Dakota facility was built in a record time of less than 5 months and will add 2.7 exahashes to the company’s global hash rate
Crypto-mining
Latest in Crypto-mining
Crypto-mining
Phoenix Group joins FTSE ADX 15 Islamic Index
The FADXI 15 marks a significant step forward in diversifying Shariah-compliant investment opportunities
Crypto-mining
UAE tech major Phoenix Group posts 148% jump in assets to $978mn in 9 months of 2024
The company also announced a core revenue of $35.9 million and investment income of $68.5 million in Q3 this year
Crypto-mining
ADX-listed Phoenix Group expands global mining capacity
With the launch of the Willamette site in the US, Phoenix Group has expanded its operations to ten mining facilities across the US, Canada, CIS, and the UAE
Bitcoin
Bitcoin prices predicted to surge as disruption in crypto mining to push up hashrate
Bitcoin prices ran up a gain of $316 since the regional flare up commenced to reach $28,292 on Tuesday from $27,976 on October 7
blockchain technology
Oman’s Green Data City signs massive $300mn crypto-mining farm deal with Abu Dhabi’s Phoneix Group
The new agreement paves the way for the establishment of a large 150MW crypto-mining farm within Green Data City in Oman