NFT Collection The Superlative Secret Society Price, Stats, and Review
XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029
Bitcoin’s vanishing users reveal a warning for BTC at $100K: Analyzing…
Inside Trezor Academy: What We’ve Learned from Teaching 1,500+ Students
Japan’s Metaplanet Acquires 2,205 More Bitcoin, Total Holdings Reach 15,555 BTC
Burn the tokens, keep the loot: Play-to-own games come next
TRUMP hops to Tron, deepening ties between MAGA memecoins and Justin Sun
Musk Teases Pro-Bitcoin America Party, Trump Fires Back, BTC Bull Token to Thrive
Token6900 Market Outlook 2025 – How to Buy Token6900 Ahead of Potential Growth
Snorter Presale Hits $1.5M as Solana Trading Bot Gains Traction – Is This a Leading Crypto Choice for Potential Returns in 2025?
Is a Pi Network Crash Ahead As 272M Coins Unlock in July
Crypto Week: Trump Admin Gears Up for July 22 Digital Assets Report; Is a Strategic Bitcoin Reserve Ahead?
Analyst Eyes Astronomical Price Target for XRP, Says Investors Not Bullish Enough on Fourth-Largest Crypto Asset
Strategy Unveils $4.2 Billion New Capital Plan to Expand Bitcoin Holdings
Whale Just Dropped $14.7K on BTC Bull – Final Day Before This Prominent Crypto Presale Ends
XRP Price Watch: Market Cap Hits $135B Amid 5.5% Weekly Surge
Global users see steady daily earnings rise with MintMiner cloud mining
Floki price rises as exchange reserves tumbles, social dominance surges
Why Is the Crypto Market Up Today? Here Are 3 Top Cryptos to Buy for the Next Rally
Dow Jones falls 100 points, S&P 500 and Nasdaq open lower amid Trump tariffs threats
Dogecoin whales explode 112%, but no breakout: What happens next?
Macro Expert Explains Why Bitcoin Is Now a Treasury Asset
Europe’s Blockchain Group, UK’s Smarter Web Co. add to Bitcoin stashes
Analyst Predicts XRP Price Will Reach $20-$30 — Elliott Wave Theory Holds The Key
UAE emerges as a pro-Bitcoin mining destination in the Middle East
The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate.
The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin mining destination in the Middle East. The region in the Middle East has established itself as a pro-Web3 destination for crypto-focused companies with 30 free trade zones in the country and by 2023, the region has slowly climbed up in the Bitcoin mining hashrate chart as well.
The Bitcoin mining journey in UAE began with Marathon Digital, a Bitcoin mining company partnering with Zero Two, the digital asset arm of Abu Dhabi's sovereign wealth fund, in May this year. The joint venture established two mining sites with a combined 250-megawatt capacity in Abu Dhabi.
Abu Dhabi has now become a hub for all kinds of crypto mining activity in the UAE owing to its energy efficiency and its status as the centre of trade in the country.
According to data shared by the Hashrate index, UAE’s combined Bitcoin mining capacity is likely around 400 megawatts (MW) - or 4% of Bitcon’s global hashrate. While the likes of the United States, China, Russia and Kazakhstan are the top four countries with the highest global Bitcoin hashrate share, UAE could gradually climb up the ladder due to the resources it offers.

As a global player in the energy market, UAE has shifted its focus from its oil and gas reserves towards solar and nuclear energy. Historically, the country’s electricity was generated by natural gas but over the recent past, shares of nuclear and solar are growing rapidly.

UAE’s electricity demands fluctuate significantly between the hottest and coolest months, leading to a heavy loss of generated electricity. For example, in 2021, the UAE's combined power and desalination plants wasted 20 TWh, equal to approximately $600 million. This gap and wastage of electricity could be filled by Bitcoin miners.
Related: Dubai to Abu Dhabi: How NFTs are used in the UAE
With Bitcoin mining focused on using clean energy sources, UAE over the next decade could see a significant chunk of its energy coming from nuclear and renewable sources. Thus, the surplus from these sources could be utilized by miners in the country. Another advantage for miners touted by the country is its zero tax policy.
This means Bitcoin miners can register in one of the country’s more than 30 free trade zones and avoid corporate tax, VAT, and import duties. While there are no specific laws governing the crypto mining industry, miners can operate in legal free trade zones, which could imply a significant advantage over operating in the West.
Magazine: Crypto City: Guide to Dubai