Cryptocurrency mining hardware retailer Phoenix Technology will invest $300 million for global expansion

2022-10-27 17:17:03

ChainCatcher news, Middle Eastern cryptocurrency mining hardware retailer Phoenix Technology announced an investment of $300 million for the acquisition, development, maintenance, and operation of mining sites worldwide. In August of this year, Phoenix Technology appointed a new CEO, Carl Agren, and signed an exclusive regional sales partnership with Bitmain's Antminer. (prnewswire)

warnning

Risk warning

Related tags

Related reading

The Bitcoin hard fork chain BIP-110 has confirmed BLAKE2b as the new POW algorithm, which can be mined using regular CPU/GPU

2026-08-12 10:56

Independent Bitcoin miners mined a block and received a reward of about $200,000, with a peak hash rate of 100 PH

2026-08-04 01:16

Despite a decline in mining difficulty of over 10%, the Bitcoin production of CleanSpark, BitFuFu, and Canaan in June still decreased month-on-month

2026-07-15 00:10

Data: Publicly listed companies have net purchased nearly 167,000 BTC this year, which is twice the amount produced by mining during the same period

2026-07-03 23:33

Related tags

app_icon

ChainCatcher Building the Web3 world with innovations.