Oman has launched a national cryptocurrency mining pool, adding a new state-backed layer to the country’s push to regulate and consolidate its fast-growing bitcoin mining sector.
Enegix Global said Wednesday it provided the technology platform and liquidity infrastructure for Omanhash.om, which the company described as the official national cryptocurrency mining pool of the Sultanate of Oman. The pool was launched by Oman’s Ministry of Transport, Communications and Information Technology and will be operated in cooperation with Frontier Technologies LLC, an Omani blockchain and Web3 company.
Under Oman’s approved regulatory framework, Omanhash.om is expected to serve as the sole official and mandatory mining pool for licensed cryptocurrency mining companies in the country, according to the announcement. The pool is expected to consolidate about 10 EH/s of computing power in its initial phase.
The launch marks Enegix’s second government-accredited mining pool mandate after btcpool.kz in Kazakhstan. The company said the addition of Omanhash.om brings its combined mining pool operations to about 25 EH/s across 21pool.io, btcpool.kz and Omanhash.om.
...read more at theenergymag.com
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