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Category Phoenix Group

Du becomes UAE’s first telecom to enter crypto mining

Du becomes UAE’s first telecom to enter crypto mining

du has launched its Cloud Miner service offering UAE residents the opportunity to mine crypto by renting computational power on a subscription basis.
UAE’s Phoenix Group invests in Tether’s Dirham stablecoin

UAE’s Phoenix Group invests in Tether’s Dirham stablecoin

Tether, a global digital asset company and the issuer of USDT stablecoin announced its plans to launch a new stablecoin pegged to the United Arab E...
Bitcoin Cash hash rate hits yearly peak as Phoenix dominates 90% of the network

Bitcoin Cash hash rate hits yearly peak as Phoenix dominates 90% of the network

Bitcoin Cash’s hash rate soared to a yearly high this week after an unknown miner captured around 90% of its blocks within two days. This surge com...
Bitcoin miner Phoenix splurges nearly $200m on equipment

Bitcoin miner Phoenix splurges nearly $200m on equipment

Phoenix Group PLC, the trailblazing firm in the cryptocurrency mining and blockchain arena, recently made a bold move in the Bitcoin mining sector....
Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment

Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment

Bitcoin (BTC) miner Phoenix Group secured a $380 million hardware deal from Whatsminer less than two days after its stock debuted on the Abu Dhabi ...