This is the second major crypto mining facility that popped up in Oman after the one in November 2022.
Oman’s Ministry of Transport, Communications, and Information Technology has reportedly opened a new data hosting and cryptocurrency mining center in the Salalah Free Zone. The facility’s estimated value is over RO 135 million .
The company which set up the facilities is Exahertz International. Its CEO Sam Fedows hinted that a wider network of blockchain-based centers could pop up in the Sultanate of Oman in the near future, starting with a pilot in the Salalah Free Zone. Fedows informed that the crypto mining centers will use local infrastructure , arguing they could boost Oman’s economy. He added that the facilities use machines produced by the Chinese crypto mining manufacturer Bitmain Technologies.
There are some periods throughout the year when the latter produces more electricity than necessary, which could be one way to avoid wastage. Speaking on the matter was President Sadyr Japarov, who greenlighted the project:
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