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.
Phoenix Group, a UAE-based cryptocurrency mining and blockchain technology company, operates a mining facility in North Dakota, USA, contributing over 2.7 EH/s to its global hash rate.
Phoenix Group, a cryptocurrency mining and blockchain firm listed in Abu Dhabi, operates a mining facility in Willamette, South Carolina.
Phoenix Group, a cryptocurrency mining and blockchain firm listed in Abu Dhabi, operates a mining facility in Texas. This is the group's third mining site in the United States.
Phoenix Group, a UAE-based cryptocurrency mining and blockchain technology company, operates a bitcoin mining facility in Canada.
Phoenix Group 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.
Muscat's Green Data City and Abu Dhabi's Phoenix Group partnered to construct a $300 million crypto-mining farm in Oman, making it one of the largest crypto-mining data centers in the region.
Sep 04, 2025 Eric Bell Texas
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