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The Ministry of Transport, Communications, and Information Technology (MTCIT) in Oman has unveiled a state-of-the-art Bitcoin mining and data hosting facility within the Salalah Free Zone. Valued at approximately $350 million (RO 135 million), the newly established facility marks a significant stride toward positioning Oman as a global data hosting and mining epicenter. This recent development is not the first of its kind. Oman’s dedication to this burgeoning industry becomes even more evident as the government opens a second cryptocurrency mining facility, estimated at $390 million. The combined investment of around $740 million from both the government and private sector could pave the way for Oman to become a thriving hub for data hosting and mining on a global scale.

Oman’s MTCIT unveils massive $350 million Bitcoin mining facility in Salalah Free Zone

The Ministry of Transport, Communications, and Information Technology (MTCIT) in Oman has unveiled a state-of-the-art Bitcoin mining and data hosting facility within the Salalah Free Zone. Valued at approximately $350 million (RO 135 million), the newly established facility marks a significant stride toward positioning Oman as a global data hosting and mining epicenter. This recent development is not the first of its kind. Oman’s dedication to this burgeoning industry becomes even more evident as the government opens a second cryptocurrency mining facility, estimated at $390 million. The combined investment of around $740 million from both the government and private sector could pave the way for Oman to become a thriving hub for data hosting and mining on a global scale.

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