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0 sats \ 0 replies \ @Bell_curve 8 Jan \ on: UAE-Based Bitcoin Mining Group Phoenix Expands Operations in US bitcoin_Mining
Phoenix Group, a UAE based bitcoin mining company, has expanded its global footprint by opening a 50-megawatt (MW) bitcoin mining facility in North Dakota, US. This is a big move for the company as it eyes the US as a key market.
The facility is to become fully operational in just 5 months, and adds 2.7 exahashes (EH/s) to Phoenix Group’s global hashrate. This is a big boost to the company’s current plans, and adds more security to the Bitcoin blockchain.