Oman introduces a mandatory state mining pool for all licensed Bitcoin miners.
Oman has launched an ambitious project to centralize cryptocurrency mining. The Ministry of Transport, Communications and Information Technology, together with Frontier Technologies, has launched a national mining pool that all licensed miners in the country are now required to join. The technological base and liquidity infrastructure for this pool were provided by Enegix Global.
At the initial stage, the total computing power of the pool is expected to reach approximately 10 EH/s. This is a significant volume that places Oman among notable players on the global Bitcoin mining map, especially given that the country is actively attracting capital to this sector.
Investment boom in the free zone
Since 2022, investments in mining infrastructure and data centers in the Salalah Free Zone have exceeded $700 million. This amount includes, in particular, the construction of a mining farm with hydro-cooling worth $370 million. Such investments demonstrate the seriousness of Oman's intentions to become a regional hub for digital asset mining.
Analytical commentary: The creation of a mandatory national pool sends a dual signal to the market. On the one hand, it increases transparency and state control, which may attract institutional investors concerned about regulatory risks. On the other hand, such centralization deprives miners of flexibility and could reduce their profitability, as they lose the ability to choose the most profitable pools. In the long term, this step could set a precedent for other Middle Eastern countries seeking full control over the crypto economy.