TLDR Crypto · INNOVATION & LAUNCHES

SALALAH FREE ZONE

cryptopolitan.com3 min read

Summary from the TLDR Crypto newsletter

Oman has unveiled a new, $350 million Bitcoin mining facility in the Salalah Free Zone. The Ministry of Transport, Communications, and Information Technology initiated the project, aiming to establish Oman as a leading global mining hub. Overseen by Exahertz International, the facility is expected to create new jobs and make significant strides in the local economy. Additionally, a similar project has kicked off in Kyrgyzstan, using hydroelectric power for mining operations.