Currencies38131
Market Cap$ 2.27T+1.49%
24h Spot Volume$ 33.09B-0.07%
DominanceBTC56.38%+0.14%ETH9.50%+1.52%
ETH Gas0.11 Gwei
Cryptorank
/

Oman Requires Licensed Bitcoin Miners to Join National Pool


Oman Requires Licensed Bitcoin Miners to Join National Pool

Share:

AI Overview

On June 17 Oman launched state-backed Omanhash.om and mandated that all licensed Bitcoin miners route their hashrate through the national mining pool, which began with an initial hashrate of 10 EH/s. Frontier Technologies will manage operations and Enegix Global provides technology and liquidity, giving the government greater visibility and regulatory control over local crypto mining activity with implications for adoption, centralization, security, and market impact.

Bearish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • Oman launched Omanhash.om, requiring licensed miners to join the national pool. 
  • Frontier Technologies manages operations, Enegix Global handles the tech and liquidity.
  • The state-backed Omanhash pool launched with an initial hashrate of 10 EH/s. 

Since last week, all licensed Bitcoin miners in Oman are required to join Omanhash.om, a newly launched government-backed Bitcoin mining pool. The project kicked off on June 17 under the supervision of the country’s Ministry of Transport, Communications, and Information Technology (MTCIT).

Under the new framework, all licensed Bitcoin miners must channel their hashrate through what is now the country’s official mining pool. Frontier Technologies manages the operations, and Enegix Global handles the tech and liquidity. With this, Oman’s government has a clear view of most of the country’s mining activity.

It’s wort…

Read The Full Article Oman Requires Licensed Bitcoin Miners to Join National Pool On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 64.14K

+1.49%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 64.14K

+1.49%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Bitcoin’s $10 billion credit market keeps growing after its first major selloff

Bitcoin’s $10 billion credit market keeps growing after its first major selloff

Bitcoin’s more than $10 billion corporate credit market is still attracting new entra...
Bitcoin Reclaims $64K Despite Strategy’s New Sale and Resumed US-Iran Strikes: Weekly Recap

Bitcoin Reclaims $64K Despite Strategy’s New Sale and Resumed US-Iran Strikes: Weekly Recap

Meanwhile, Ethereum is back at $1,800, SOL is struggling to maintain $80, while XRP h...