News

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
With an additional 52 megawatts added in Ethiopia, Phoenix Group now operates 132 megawatts in the country and claims a ...
DatacenterDynamics5d
Phoenix Group adds 52MW of Bitcoin mining capacity in Ethiopia
Bitcoin mining company Phoenix Group has announced plans to add 52MW of cryptomining capacity to its existing site in ...
ZAWYA8h
Phoenix Group Reports Q1 2025 Results: Revenue of $31mln, while further increasing bitcoin mining capacity towards 500 megawatts
The Company’s mining operations delivered an average of 14.2 EH/s in Q1 2025, maintaining its competitive global share of ...
Bitcoin Magazine8d
Phoenix Group Amps Up Their Bitcoin Mining Power To a Global Capacity of Over 500 Megawatts
Phoenix Group announced, in a press release sent to Bitcoin Magazine, that it has added fifty-two megawatts of Bitcoin mining ...
ZAWYA8d
Phoenix Group adds 52 megawatts of Bitcoin mining capacity in Ethiopia
Additional capacity enhances Phoenix’s diversified and global scale, reinforcing its position as a world-class leader in ...
UAE-Based Phoenix Group Boosts Bitcoin Mining by 52 Megawatts in Ethiopia; Global Operational Capacity Surpasses 500 Megawatts
Phoenix Group PLC, a UAE-based global cryptocurrency, blockchain and next-generation digital infrastructure company, has ...
Morningstar8d
Phoenix Group Adds 52 Megawatts of Bitcoin Mining Capacity in Ethiopia, Increasing Total Global Operational Capacity to Over 500 Megawatts
Initiatives like our latest expansion in Ethiopia are pivotal steps ... operations rank among the most sustainable in global Bitcoin mining, with 90% of their energy sourced from renewable ...
Arabian Business7d
Phoenix Group adds 52 MW to Ethiopian Bitcoin mining operations
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 ...