Prosper for Bitcoin mining is Hashrate sponsor of Bitcoin MENA in UAE

Prosper for Bitcoin mining is Hashrate sponsor of Bitcoin MENA in UAE

Prosper, a decentralized protocol offering institutional-grade Bitcoin mining power on-chain, has announced that it is the official Hashrate Sponsor for Bitcoin MENA 2024. The highly anticipated conference will take place on December 9-10, 2024, at the iconic Abu Dhabi National Exhibition Centre (ADNEC), bringing together industry experts and key players from the global Bitcoin ecosystem and the wider crypto industry.

As the official Hashrate Sponsor, Prosper will feature prominently at the event and host an interactive booth where attendees can engage directly with its team and explore how Prosper is setting the standard for institutional-grade Bitcoin mining power on-chain, further unlocking Bitcoin’s full potential as the most decentralized cryptocurrency.

“As one of the most innovative community-focused projects under Animoca Brands, we are excited to showcase our unique offering at this year’s Bitcoin MENA event which aligns perfectly with our mission to democratize access to Bitcoin and its mining power,” said Milton Lam, Advisory Council Member & Launch Partner, Prosper. “Our participation underscores our leadership in institutional-grade Bitcoin mining innovation, advancing the possibilities of the world’s original and most decentralized cryptocurrency.”

Bitcoin MENA 2024 will bring together global leaders and influential voices, including Eric Trump, Prince Filip of Serbia and Saifedean Ammous, to shape the conversation on Bitcoin’s future.

Eric Trump, Executive Vice President of the Trump Organization, will deliver a keynote address at Bitcoin MENA 2024, marking a significant milestone for the event. His participation brings a wealth of business acumen and leadership experience to discussions on Bitcoin’s growing adoption in the Middle East. Following Donald J. Trump’s appearance at Bitcoin 2024 in Nashville this July, the Trump family’s growing support for Bitcoin as a solution to combat inflation in the U.S. underscores the event’s importance.

Other notable attendees include Prince Filip of Serbia, Saifedean Ammous, author of The Bitcoin Standard and Abdulla Al Dhaheri of the Blockchain Centre Abu Dhabi. Their involvement highlights Bitcoin MENA’s influence and Abu Dhabi’s emerging role as a central hub in the global Bitcoin economy.

The Global Blockchain Show launches 2nd edition in UAE

The Global Blockchain Show launches 2nd edition in UAE

The Global Blockchain Show has launched its second edition, taking place on December 12 and 13, 2024 at the Grand Hyatt Exhibition Centre, Dubai. Organized by web3 and artificial intelligence consulting giant VAP Group, the two-day show will provide an opportunity to network with the top 1% of the web3 community by bringing together founders, solution providers, experts and enthusiasts from around the world under one roof. 

“The Global Blockchain Show is more than just a one-time event. It is designed to be the ultimate blockchain mixer where attendees will go on a continuous journey through the dynamic world of blockchain technology and unwind with the ‘who’s who’ of the industry,” said Vishal Parmar, Founder and Chief Executive Officer of VAP Group.

Speakers such as:

  • Yat Siu – Co-Founder and Chairman, Animoca Brands
  • Dr. Marwan Alzarouni – CEO/CEO AI, Dubai Blockchain Center/Dubai Economy & Tourism
  • H.E. Justin Sun – Founder/Global Advisory Board, TRON/HTX Global Advisory Board
  • Rachel Conlan – Global Chief Marketing Officer, Binance 
  • Mr. Ahmed Bin Sulayem – Executive Chairman and CEO, DMCC
  • Jason Allegrante – Chief Legal and Compliance Officer, Fireblocks
  • Pierre Samaties – Chief Business Officer, DFINITY
  • Marcello Mari – Founder & Chief Executive Officer, SingularityDAO
  • David Palmer – Chief Product Officer, Co-founder, Vodafone
  • Alicia Kao – Managing Director, KuCoin

… and many more will deliver groundbreaking insights and announcements at the highest level. 

Themes including digital currency, blockchain regulations and Web3 gaming will deep-dive into real-life applications, while workshops will provide practical ‘how-to’ frameworks, models, implementation guidance, and success metrics. 

The Global Blockchain Show is the only event that gives you a 360-degree roadmap of how individuals can leverage blockchain technology effectively. And it does not stop there. Monthly virtual roundtable conferences, quarterly reports, private project meetings and much more are set to take place all year round to ensure that the story of blockchain’s impact, innovation and integration is told in its entirety. 

Additionally, the Global Blockchain Show is led by a multidisciplinary advisory board, composed of industry leaders and experts such as Ida Mok, Chief Strategy Officer, W3GG, President, Women in Blockchain Asia; Christian Gleich, International Ambassador, European Blockchain Association; Nena Dokuzov, Coordinator, Strategy of Digital Transformation of Economy, Ministry of the Economy, Tourism, and Sport, Slovenia, among others. The board will regularly meet to discuss key industry developments through the year as well as be the committee steering the discussions that happen live on stage. 

“With a community of over 110,000, the Ultimate Blockchain Season Finale is set to open up opportunities to network with some of the most influential voices in the industry, all gathered together in a common area,” said Vishal Parmar.

So what are you waiting for? Head to: https://www.globalblockchainshow.com/tickets/ and grab your tickets to attend the grand finale of events this year. 

ADFW Unveils Top Finance speakers including founder of Circle

ADFW Unveils Top Finance speakers including founder of Circle

Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, and Chairman of the Executive Council, Abu Dhabi Finance Week (ADFW), the flagship financial event of the MEASA region hosted by ADGM, has announced that its 2024 edition will gather more than 300 speakers from across the globe, including the CEOs and Chairs of 50 major global financial institutions.

Among the confirmed speakers are finance titans such as Sergio Ermotti – Group CEO of UBS, Bill Huffman – CEO of Nuveen, David Hunt – President & CEO of PGIM, Isabelle Scemama – Global Head of AXA IM, Bill Ford – Chairman & CEO of General Atlantic, Shayne Nelson – Group CEO of Emirates NBD, Ray Dalio – Founder of Bridgewater,Rajiv Jain – Chairman and CIO of GQG Partners, Mohammed Alaradhi – Executive Chairman of Investcorp, His Excellency Ambassador Majid AlSuwaidi – CEO of Alterra, Jeremy Allaire –Co-Founder, Chairman and CEO of Circle and Mohamed Abdelbary – CEO of ADIB.

His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM, said: “As Abu Dhabi continues to solidify its position as a global financial powerhouse, ADFW 2024 will be a pivotal moment for the financial industry. The rapidly increasing participation of CEOs from globally significant financial institutions underscores ADFW’s rising prominence and influence as a leading platform. At ADGM, we are committed to driving meaningful dialogue, fostering innovation, and reinforcing Abu Dhabi’s role as the Capital of Capital.”

Local and regional government and government-affiliated leaders will also take centre stage at this year’s ADFW with prominent names such as Sheikha Shamma bint Sultan Bin Khalifa Al Nahyan – President & CEO of the UAE Independent Climate Change Accelerators (UICCA), H.R.H. Prince Khaled bin Alwaleed bin Talal Al Saud – Founder and CEO of KBW Ventures, H.E. Abdulla Bin Touq AlMarri – Minister of Economy of the UAE, H.E. Dr. Thani bin Ahmed Al Zeyoudi – Minister of State for Foreign Trade and Minister in charge of Talent Attraction and Retention at Ministry Of Economy of the UAE, H.E. Dr. Amna bint Abdullah Al Dahak – Minister of Climate Change & Environment of the UAE, H.E. Mohammed Ali Al Shorafa Al Hammadi –Chairman of the Department of Municipalities and Transport (DMT).

Other speakers from world renowned organisations include Robert Salomon – Dean of Stern at NYUAD, Chi-Man Kwan – Group CEO and Founder of Raffles Family Office, Kim Fournais – CEO, Saxo Bank, Christian Angermeyer – Founder, Aperion Investments, Hatem Dowidar – Group CEO of E&, , Rishi Khosla – Co-Founder & CEO of Oaknorth, Javier Carranza – Global Head of Wealth of Grupo Santander, Shamsir Vayalil – Founder and Non-Executive Chairman & CEO of Burjeel Holdings and Andrew Sullivan – EVP & Head of International Businesses of Prudential.

ADFW is currently registering interests and will be open for registration in the coming weeks. For more information please visit: www.adfw.com

Binance powers Azerbaijan Chain reaction event

Binance powers Azerbaijan Chain reaction event

Binance, a Web3 Blockchain ecosystem and the largest crypto exchange in terms of trade volume, is powering the Chain Reaction, event series organized by FARI Solutions in Baku Azerbaijan. The event will be held from September 10-11th 2024.

The conference is a melting pot of innovation, where the sharpest minds in Web3, crypto, AI and blockchain will converge to push boundaries, share groundbreaking ideas and set new directions for the future. As the globe’s foremost experts, innovators and thought leaders assemble, we extend an invitation for you to join this transformative experience.

Rachel Conlan and Vishal Sacheendran, the respective Global Chief Marketing Officer and Global Head of Regional Markets at Binance, will be speaking at the conference. They will be joined by ministers and government officials such as Inara Valiyeva, Chairwoman, Innovation and Digital Development Agency (IDDA); Fariz Jafarov, Executive Director of the Centre for the 4th Industrial Revolution (C4IR) Azerbaijan; Dr. Angelika Layr, Deputy Director of the Office for Financial Market Innovation & Digitalisation, Liechtenstein; and representatives from Barings, Vodafone, Syz Group, Beincrypto, Jadwa Investment, Dow Jones, EY, Deloitte, among many others.

Chain Reaction 2024 powered by Binance, coincides with the high-energy atmosphere of the Formula 1 Azerbaijan Grand Prix, guaranteeing unmatched exposure and engagement. Partners will have a unique platform to showcase their brands to a diverse audience, while attendees will benefit from exclusive access to industry pioneers and immersive, hands-on workshops.

For those interested in attending they can visit www.chainreaction.farisolutions.com

The announcement comes as Binance has restarted its operations in India.

Saudi Central Bank hosts 24 Fintech conference in KSA

Saudi Central Bank hosts 24 Fintech conference in KSA

The Saudi Central Bank, Saudi Capital Market, and Financial sector Development Programme (FSDP) will be hosting 24 Fintech conference and exhibition in Riyadh KSA. The co organizer Fintech Saudi and Tahaluf aim to elevate Riyadh’s fintech ambitions. The event will be held at Riyadh Front exhibition and Conference center from September 3-5 2024.

Tahaluf, the strategic collaborative venture between Informa PLC, the Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP), and the Events Investment Fund (EIF), created 24 Fintech to showcase a collective commitment towards unlocking business and networking opportunities, embracing change, and leading innovation. The three-day event will combine an exhibition and summit – featuring 175 hours of expert-led content – with a host of satellite events, including industry gatherings and brand activations, running throughout the week, from September 1-6.

With the goal of establishing the Kingdom as a tech-driven global financial powerhouse, and Riyadh as an international fintech hub, Tahaluf has set ambitious objectives for 24 Fintech. The event aims to become the most influential, and impactful fintech business event, platform, and community anywhere in Asia, Europe, Middle East and North Africa.

Bolstered by an international summit that will unite regulators, financial services professionals, policy makers, investors, technologists, and academics, 24 Fintech will provide a platform for global industry stakeholders to shape, foster, and spur a collaborative fintech transformation.

Initial Tahaluf estimations project the inaugural 24 Fintech will attract upwards of 25,000 attendees, 300 exhibitors, 200 investors and 80 fintech startups. The show will host more than 200 expert speakers to address pressing finance industry issues as the show looks to navigate the immense technological changes impacting operations, from infrastructure provision to client servicing. Targeted attendees include central bank governors, regulators, policy makers, financial and non-financial institutions, big tech providers, investors and venture capitalists, academics, researchers, as well as professional and industry associations.

“Our vision is to drive forward finance by bringing together essential stakeholders and propelling practical, worldwide transformation in alignment with the economic development agenda laid out in Saudi Arabia’s Vision 2030,” said Annabelle Mander, Senior Vice President of Tahaluf.

The inaugural edition of 24 Fintech will feature four stages hosting three days of programming including keynotes, panel discussions, and industry announcements, with dedicated areas for investment and startups, technology, and academia. Across the various stages, experts will probe a host of themes including governance, regulations, interoperability, investment and reimagining the financial services landscape.

In addition to the main and feature stages, the show will host special initiatives – including the Regulators’ Village, a dedicated zone connecting regulators and fintech who aspire to set up in the Kingdom. The inaugural 24 Fintech will also offer a dedicated investor program with an exclusive stage and lounge, as well as Venturescape, pre-show initiative that will bring together 200+ global investors and 100+ fintech for a series of workshops, mentorship and pitch practice.

A specific startup zone will spotlight 80 of the top global fintech companies, across all major fintech verticals including, but not limited to, payments, lending, insurtech, regtech, capital markets, compliance and open banking. Aspiring startups can take advantage of tailored mentorship and matchmaking sessions as well as a 24 Fintech pitch competition. The top startups will battle it out in timed pitch heats, culminating in a grand finale with more than SAR 900,000 (US$250,000+) in equity free awards.

Blockchain Life Conference returns to Dubai for 13th edition

Blockchain Life Conference returns to Dubai for 13th edition

The legendary Blockchain Life 2024 will return for its 13th edition on October 22-23. As Dubai gains a reputation as a global crypto hub, the forum is set to be the central event of this year.

With the highly anticipated peak of the crypto market growth still ahead, the forum presents an excellent opportunity for attendees to maximize their earnings. More than 10,000 people from 120 countries are expected to gather at the forum, to gain valuable knowledge, forge new connections, and explore potential investment opportunities.

The two-day event will feature a lineup of industry experts, thought leaders, and innovators who will share their insights and strategies in the fast-growing market.

In addition to the insightful panel discussions, Blockchain Life 2024 will feature an innovative expo area where leading industry companies will showcase their latest products, services, and technologies.

VIP ticket holders and speakers will also experience the hours of informal networking at the legendary AfterParty.

Buy a ticket at the lowest price using promo code ***  Presale right now: www.blockchain-life.com

Banner link: https://drive.google.com/file/d/1ElLphzdT6o4VsHcwUQtxjj1vwMviN4qY/view?usp=sharing 

Qatar’s design district introduces Blockchain NFT ticketing with zbyte

Qatar’s design district introduces Blockchain NFT ticketing with zbyte

zbyte, a blockchain technology provider has partnered with Doha Design District to introduce an NFT ticketing system for the upcoming TEFFA AI R evolution (Technology Education Finance Fashion & Art) event returning to Msheireb Downtown Doha for its second edition from 6-8 May, 2024. This innovative deployment sets a new standard in the event industry by leveraging cutting-edge technology to enhance attendee experiences.

Doha Design District, renowned for its commitment to merging the domains of fashion, art, and technology, has adopted zbyte’s blockchain platform to mint NFT tickets. It simplifies the ticketing process and adds a layer of security and exclusivity, transforming each ticket into a unique digital collectible. The ease of minting NFTs through zbyte’s platform demonstrates a significant leap towards digital innovation in Qatar.

Qatar has shown growing interest in adopting blockchain technology, seeing it as a key driver for future innovations and digital transformation.

Shaikha al Sulaiti, Senior Design Manager Doha Design District, expressed her excitement about this partnership: “We are thrilled to sponsor an event that not only showcases the rich culture of Qatar but also embraces such transformative technology. This collaboration with zbyte and TEFFA is just the beginning of our journey towards integrating more digital solutions in creative domains.”


The collaboration between zbyte, TEFFA AI R evolution, and Doha Design District is expected to set the stage for future technological integrations that could redefine the event management and attendee engagement industries.

Nitin Kumar, Co-founder of zbyte, shared his vision for the technology’s impact: “Our partnership with Doha Design District and TEFFA AI R evolution is a testament to the potential of blockchain technology in making a tangible impact. By simplifying the minting of NFT tickets, we are setting a new paradigm for events that enhances security, attendee engagement, and the overall event experience. We are excited to see how Qatar embraces this technology and look forward to expanding our innovative solutions further.”

e& life fintech tech provider joins Dubai Fintech Summit

e& life fintech tech provider joins Dubai Fintech Summit

e& life, which leverages cutting edge technology to offer fintech, entertainment, retail and mobility services, the business pillar of e& that brings the next-generation digital world to the consumer’s fingertips, has joined theDubai FinTech Summit (DFS), organised by Dubai International Financial Centre (DIFC), the leading global Financial Centre in the MEASA region. As a Powered By sponsor, e& life is dedicated to supporting innovative and future-thinking businesses on a global scale.

e& life fintech arm, e& money, has become a regional powerhouse, known for its user-friendly mobile financial services and its position as the UAE’s fastest-growing issuer of Mastercard debit cards.

Mohammad Alblooshi, Chief Executive Officer at DIFC Innovation Hub, said, “The path to true innovation lies in collaboration and the Dubai FinTech Summit strives to bring together global leaders, innovators and disruptive start-ups to shape the future of finance. The alliance between the summit and e& life demonstrates our mutual commitment to fostering a dynamic FinTech ecosystem to strengthen Dubai’s existing reputation as a leading business destination. Transforming challenges into opportunities, our goal is to create the most advanced, inclusive and technologically empowered financial community.”

Khalifa Al Shamsi, Chief Executive Officer at e& life, said, “The Middle East is at the forefront of a major transformation in financial services delivery, driven by technology shifting from traditional to innovative solutions. As a pioneer in the region’s flourishing FinTech sector, e& is driven by a bold vision to lead this change.

“Through strategic partnerships, we aim to fast-track progress and take the region’s FinTech potential to new heights. This partnership represents a valuable opportunity for both e& and its FinTech portfolio under the business pillar e& life to collectively imagine new possibilities, inspire breakthrough ideas, and catalyse impactful innovations. By bringing together the talent and resources within our ecosystems, we can accelerate the journey toward a future where financial services truly empower people across societies. We look forward to contributing our expertise to shaping discussions that will steer the direction of the industry and play a role in realising the UAE’s aspiration to become a global hub for financial innovation.”

In line with the Dubai Economic Agenda (D33) to position Dubai as the top four global financial hub by 2033, the 2nd edition of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to transforming the global FinTech sector. It presents a unique opportunity to explore emerging FinTech trends and their potential to drive financial progress in the MEASA region.

The Dubai FinTech Summit, scheduled for May 6-7, 2024, at Madinat Jumeirah, Dubai, will see an unprecedented gathering of over 8,000 decision-makers, over 300 thought leaders and over 200 exhibitors showcasing cutting-edge technologies.

Visitors can purchase tickets for the Dubai FinTech Summit 2024, with early bird prices ending soon.

Arts DAO Web3 Festival returns to UAE with digital art NFTs and more

Arts DAO Web3 Festival returns to UAE with digital art NFTs and more

Arts DAO Festival, a Web3 cultural event in the MENA region, is returning to the UAE on April 20-21, 2024. The Agenda will host this event, standing as a hub for digital art enthusiasts and internet culture aficionados alike. Attendees are promised an immersive and unforgettable journey, highlighting the boundless creativity and innovation that define the digital art domain.

This year’s edition of Arts DAO Fest will offer experiences designed to engage, inspire, and enlighten. From awe-inspiring digital art exhibitions to interactive workshops, a gaming zone, and a party-like festival, the event provides a unique platform where culture intersects with technology, fostering a space where creativity and innovation can flourish.

Arts DAO Fest also unveiled their initial speaker lineup – an assembly of visionaries and pioneers from various sectors, including NFTs, gaming, investment, and technology. Each speaker brings a wealth of knowledge and insights, promising to shine a light on the diverse aspects of the Web3 ecosystem.

Each Arts DAO Fest 2024 Zone is meticulously curated to offer a complete exploration of digital culture, allowing attendees to dive deep into art, technology, gaming, music, and investments.

The Creator Zone is an interactive wonderland featuring an array of NFTs and captivating installations. Attendees can explore the forefront of digital creativity, offering a tangible connection to the collections that define our era.

The Talk is designed for both newcomers and seasoned digital specialists. It offers insightful discussions led by some of the world’s foremost leaders in the field. Participants will have the chance to engage in dialogues that deepen their knowledge and expand their perspectives on the digital future. 

“The heart of Arts DAO Fest lies in the exchange of ideas and the spark of innovation. We have designed a gathering where the brightest minds in digital culture come together to share insights and connect on a different level,” underscored Danosch Zahedi, Co-Founder and CEO at Arts DAO Fest. “Whether you’re just beginning your journey or you’re a seasoned expert, there’s something here to expand everyone’s horizon.”

The Gamer Zone presents a next-generation gaming experience. Here, attendees will find themselves in a gaming adventure, where the virtual worlds they explore are as boundless as their imaginations. This zone is designed to elevate the gaming journey of competitive players and casual enthusiasts alike.

The Beat is where electrifying DJs and live performers set the stage for an unparalleled auditory journey. This vibrant space is the heart of the festival’s lively spirit, inviting attendees to lose themselves in music and dance, creating memories that will last a lifetime.

Speakers’ Roster

ArtsDAO is honored to present the opening lineup for the 2024 event:

Zeneca, Web3 Thought Leader & Founder of Zenacademy, is renowned for his deep insights into the Web3 ecosystem. His commitment to education and onboarding new users into Web3 has made him a must-follow for anyone venturing into the Web3 space.

Punk6529, Web3 Thought Leader, is celebrated for his visionary perspectives on the digital future. With an influential voice in the NFT space, his contributions continue to shape the evolving landscape of digital ownership and art. 

Tristan Yver, Co-Founder of Backpack and MadLads,  has reinvigorated the Solana ecosystem, breathing new life into the digital landscape and showcasing exceptional talent for sparking innovation and rallying community engagement with vibrant enthusiasm.

Poopie, Co-Founder at Doodles, stands at the creative forefront of the NFT revolution. His work with Doodles has not only popularized digital collectibles but also fostered a vibrant community around blockchain-based art. 

Clement Chia, Co-Founder of Imaginary Ones, merges creativity with technology, innovating at the dynamic intersection of entertainment and NFTs. His vision brings digital art and collectibles to life, engaging communities in unprecedented ways.

Farokh, Co-Founder and President of DASTAN, home of RugRadio and DecryptMedia, has launched platforms that are not just sources of news and entertainment but also critical educational resources for the Web3 community. His transparency and consistency over the years have made him a cornerstone for those looking to navigate Web3 fully.

Wale.Swoosh, Web3 Thought Leader, is known for his strategic insights into the blockchain industry. His expertise and forward-thinking have made significant impacts on the adoption and understanding of Web3 technologies.

Minh Do, COO at Animoca Brands, plays a pivotal role in driving innovation within the blockchain gaming sector. His efforts have been instrumental in establishing Animoca Brands as a leader in the immersive Web3 gaming experiences.

Eowyn Chen, CEO Trust Wallet, is at the forefront of making cryptocurrency accessible and secure for users worldwide. Her leadership is critical in Trust Wallet’s mission to provide a safer, more user-friendly platform for managing digital assets.

Sergej Kunz, Co-Founder of 1INCH Network, has been a transformative force in decentralized finance (DeFi). His work with 1INCH Network is revolutionizing how users interact with DeFi services, prioritizing efficiency and security in digital transactions.

“Our speakers are at the vanguard of Web3, each bringing a unique perspective. We’re proud to host such a diverse array of visionaries who are not just shaping the future of digital culture but are also eager to share their journey and insights with our attendees,” highlighted Danosch Zahedi, Co-Founder and CEO at Arts DAO.

As the largest Web3 cultural gathering in the MENA region, Arts DAO Fest invites artists, creators, investors, and enthusiasts from around the globe to join in celebration of digital art’s vibrant future. This event not only highlights the incredible talent and potential within the digital art world but also serves as a pivotal moment for the Web3 community, fostering connections and collaborations that will shape the trajectory of digital culture.

Hydro Crypto mining the star of Bitmain summit in Oman

Hydro Crypto mining the star of Bitmain summit in Oman

A manufacturer of Global crypto mining servers, Bitmain is holding its yearly event, the World Digital Mining Summit (WDMS) in Oman on March 29th 2024 at the W hotel. The theme of WDMS in Oman will be “Hydromining wins the desert”.

As per the press release, the conference will provide new financing opportunities and revitalize the market. Leading mining, finance, investment, custody and energy companies from around the world will participate in the event to help the digital currency and crypto ecosystem flourish. WDMS will provide an international platform to discuss financing mining, mine establishment, renewable energy, mining resources, PoW development and many other hot topics.

The summit will focus on hydro-mining, a cutting-edge technique promising to revolutionize the cryptocurrency mining industry. Hydro mining is an innovative approach to mining that utilizes water to cool mining equipment, a critical innovation in the heat-intensive climates of desert regions. As the industry grapples with environmental concerns, hydro-mining presents a sustainable and efficient solution for digital currency extraction.

Attendees can expect to delve into discussions on sustainability, efficiency, and the future of crypto mining technologies in the digital age. Bitmain’s initiative to hold the summit in Oman underscores the country’s emerging role as a hub for technological innovation in the Middle East.

Oman has been investing heavily in datacenters, and has attracted crypto mining entities such as Pheonix Technologies and Exahertz among others.