Oman launches national Bitcoin mining pool

Oman's Ministry of Transport, Communications and Information Technology (MTCIT) has launched the country's first official national Bitcoin mining pool, Omanhash, in partnership with local blockchain firm Frontier Technologies, Wu Blockchain reported. Omanhash has been designated as the sole official mining pool for government-licensed mining companies, and all legal operators are required to connect their hashrate to it. The pool is expected to initially integrate and operate with a mining power of approximately 10 EH/s. Since 2022, the Omani government has invested over $700 million in building data centers and cryptocurrency mining infrastructure in an effort to become a digital hub in the Middle East.