Phoenix Group, an Abu Dhabi-based crypto mining firm, has disclosed an agreement to purchase $187 million worth of new Bitcoin mining rigs from Bitmain Technologies, the latest in a series of moves to expand their mining operations.The purchase was made through Phoenix's subsidiary Phoenix Computer Equipment and Bitmain dealer Cypher Capital DMCC, according to a filing on the Abu Dhabi...
source: https://cryptobriefing.com/bitcoin-miner-phoenix-group-buys-187-million-worth-miners-bitmain/?utm_source=cryptopanic&utm_medium=rss