Oman Invested 1.1 Billion USD in Bitcoin Mining

Oman has announced a strategic investment of USD 1.1 billion in Bitcoin mining. According to a recent Forbes report, the country will invest over USD 1.1 billion in privately owned Bitcoin mining facilities.

This investment in Bitcoin mining infrastructure aims to provide ample employment opportunities for tech-savvy university graduates. Exahertz, an Omani startup, is at the forefront of this digital transformation. With plans to establish a pilot bitcoin mining site in the country with a capacity of 11 MW and targets to reach 800 MW, Exahertz is preparing for a paradigm shift in the country's technological landscape.