Crypto Mining Data Center
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Operational
Fully operational facility
Operated by:

Phoenix Group: Ethiopia

Year Built: 2025
Ownership: Phoenix Group owns the building.
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Phoenix Group, a Bitcoin mining company, has an operational cryptomining site in Ethiopia. The company acquired the site in January 2025 and states that 90% of its energy for Bitcoin mining comes from renewable hydropower generated by the Grand Ethiopian Renaissance Dam.

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Crypto Mining Data Center
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Operating Company

Operated by:

Phoenix Group, a UAE-based cryptocurrency mining and blockchain technology company founded in 2017, is a diversified technology and investment group listed on the Abu Dhabi Securities Exchange (ADX). With a global presence across the US, Canada, UAE, CIS, and Oman, it employs approximately 200–500 professionals.

The company operates across four main verticals: Trading, Hosting, Self Mining, and Investments. It focuses on both established sectors, such as mining and data center development, and emerging areas like Web3 technologies and regulated digital asset exchanges. The company's headquarters are located in Abu Dhabi, with additional operations in Dubai. A key goal for the group is to build a sustainable future by exploring self-powered systems.

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