Fact Sheet
Phoenix Group specializes in a range of services, from high-performance computing to crypto and cloud mining, data center hosting, crypto trading, and crypto mining products and equipment. It has also expanded its global footprint across UAE, Oman, Canada, USA and CIS countries through its four verticals and the establishment of the UAE’s first fully regulated digital asset exchange M2.
Mining
Phoenix is one of the world’s leading Bitcoin miners, with over 15 EH/s capacity, equivalent to circa 3% of the global BTC hash rate.
Hosting
Development, operations, and maintenance of specialized state-of-the-art mining facilities providing hosting services with high performance computing power for the generation of digital assets.
Trading
Phoenix has exclusive distribution rights in the Middle East and Africa for industry leading technology hardware brands and accessories (Bitcoin mining equipment and crypto-wallets).
Investments
Phoenix’ investment arm aims to expand the business by acquiring strategic and profitable businesses to add both synergies to its core business as well as making healthy contributions to its bottom line. Recent investment in M2 Exchange, Lyvely, Rekt Studios is testament to its strategic direction and support of tech innovation in UAE.
Performance
The Phoenix Group Continues Its Impressive Rise With Outstanding Performance In Q2 2024
Operational Metrics
Competitive Advantage
Low-cost, long-term energy contracts*
Highly efficient, best in class miners*
Conducive regulatory framework
Large scale deployments
Favorable geographic presence
Vertical integration
Innovation
Highly talented team
Corporate Strategy
