Oman unites legal miners into a national pool: a new stage of industry regulation
Oman's sovereign regulator has taken a decisive step in consolidating the national mining industry. The country's Ministry of Transport, Communications and Information Technology, together with Frontier Technologies, has officially launched a state-owned mining pool. Under the new requirements, all licensed cryptocurrency miners in Oman are obliged to connect to this infrastructure.
The technological foundation of the pool and the liquidity management system are 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 figure for the region, given the relatively small scale of Oman's economy.
Since 2022, investments in mining facilities and data centers in the Salalah Free Zone have exceeded $700 million. In particular, a project to build a mining site with hydro-cooling systems, valued at $370 million, has been implemented. Such capital investments indicate the Sultanate's serious intentions to establish itself in the global Bitcoin value chain.
Analytical Commentary
The creation of a national mining pool is a logical continuation of Oman's policy to attract major industrial players. However, mandatory connection to the state pool carries risks of centralization and potential control over the distribution of rewards. In the long term, this could reduce the jurisdiction's attractiveness for independent miners, although it will ensure full operational transparency for the regulator. The market should closely monitor how the revenue distribution model within this pool is structured — this factor will be decisive for the inflow of new capacity into the region.