United Arab Emirates (UAE): GMT To Develop Crypto Mining Data Center in The UAE

May 30, 2022 | Posted by Abdul-Rahman Oladimeji

GMT has announced its plans to develop a data center in the UAE. The Singapore-based crypto mining company revealed in a Medium post that it would be investing heavily in developing a data center in the region. According to GMT, there’s no exact location for the data center yet, but more information about the facility will be released to the public soon. 

The company noted that it would install Antminer S19 (95Th) and Bitmain Antminer S19 Pro (110Th) hardware in the UAE data center. In addition, up to 5,000 machines will be used in the facility’s immersion cooling systems. The CEO of GMT, Mark Zalan, said the company is looking to make the UAE its global headquarters. He added that GMT is also looking to bring its expertise to the region through a blockchain research and development center.

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