News

The Company’s mining operations delivered an average of 14.2 EH/s in Q1 2025, maintaining its competitive global share of ...
Members of the Mountain City community gathered on Monday night to learn more about a proposed Bitcoin mining facility that could be on its way.The meeting is i ...
Public officials are propping up a Texas Bitcoin boom that’s threatening water and energy systems while afflicting locals ...
Okay, let’s talk Bitcoin mining in 2025—because, wow, it’s a whole new ballgame! I’ve been messing around with mining for a ...
Bitcoin mining company Phoenix Group has announced plans to add 52MW of cryptomining capacity to its existing site in ...
Arabian Gulf Business Insight on MSN5d
UAE’s Phoenix expands Ethiopian bitcoin mining
Phoenix Group, an Abu Dhabi-listed blockchain and cryptocurrency company, has expanded its bitcoin mining operations in Ethiopia, securing an additional 52 megawatts (MW) of power supply. The latest ...
The Abu Dhabi-based Phoenix Group expands its operations in Ethiopia to 132 MW, leveraging hydropower to strengthen its position among the world’s largest miners ...
Phoenix Group announced, in a press release sent to Bitcoin Magazine, that it has added fifty-two megawatts of Bitcoin mining ...
Initiatives like our latest expansion in Ethiopia are pivotal steps ... Phoenix Group's Ethiopian operations rank among the most sustainable in global Bitcoin mining, with 90% of their energy sourced ...
ChainwireCrypto mining marketplace NiceHash has announced the launch of a dedicated Scrypt firmware for more efficient mining. Powered by MARA, NiceHash Scrypt ...
A new study from Cambridge University shows that sustainable energy now powers 52.4% of Bitcoin mining, an increase from 37.6 ...
UAE-based Phoenix Group has announced that it has added 52 MW of additional electricity capacity in Ethiopia to power its local bitcoin mining operations in the country The cryptocurrency and ...