🚀 Big News in Crypto! 🌍💰
The UAE’s Phoenix Group 🇦🇪, one of the world’s top Bitcoin miners and a leader in digital asset infrastructure, has launched its 50MW crypto mining facility in North Dakota, USA! 🇺🇸⚡
🏗️ Completed in record time, this state-of-the-art site will add a whopping 2.7 exahashes 🖥️🔗 to their global processing capacity, solidifying their position as an industry powerhouse.
🗣️ CEO Reza Nedjatian shared:
> "The US has always been critical to our mining operations. This new facility marks another step in our commitment to expand investments in this key market."
💡 ICYMI:
In August 2024, Phoenix partnered with Tether to launch a stablecoin pegged to the UAE Dirham.
The global stablecoin market is expected to skyrocket from $150B to $2.8T by 2028! 🌐📈
The future of crypto and blockchain is heating up! 🔥💎
💭 What are your thoughts on this milestone? Share below! 👇💬