By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
bitcoin
Bitcoin (BTC) $ 91,590.00
ethereum
Ethereum (ETH) $ 3,124.92
xrp
XRP (XRP) $ 2.09
tether
Tether (USDT) $ 0.999077
solana
Wrapped SOL (SOL) $ 142.60
bnb
BNB (BNB) $ 904.63
usd-coin
USDC (USDC) $ 0.999868
dogecoin
Dogecoin (DOGE) $ 0.138694
cardano
Cardano (ADA) $ 0.395676
staked-ether
Lido Staked Ether (STETH) $ 3,127.06
tron
TRON (TRX) $ 0.29888
chainlink
Chainlink (LINK) $ 13.25
avalanche-2
Avalanche (AVAX) $ 13.87
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 91,332.00
wrapped-steth
Wrapped stETH (WSTETH) $ 3,828.37
the-open-network
Toncoin (TON) $ 1.73
stellar
Stellar (XLM) $ 0.222953
hedera-hashgraph
Hedera (HBAR) $ 0.117247
sui
Sui (SUI) $ 1.81
shiba-inu
Shiba Inu (SHIB) $ 0.000009
weth
WETH (WETH) $ 3,127.72
leo-token
LEO Token (LEO) $ 9.04
polkadot
Polkadot (DOT) $ 2.09
litecoin
Litecoin (LTC) $ 77.17
bitget-token
Bitget Token (BGB) $ 3.53
bitcoin-cash
Bitcoin Cash (BCH) $ 619.01
hyperliquid
Hyperliquid (HYPE) $ 23.55
usds
USDS (USDS) $ 0.999821
uniswap
Uniswap (UNI) $ 5.39
cryptoprune cryptoprune
  • MarketCap
  • Crypto Bubbles
  • Multi Currency
  • Evaluation
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse
Crypto PruneCrypto Prune
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Search

  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Latest Stories

image
Bank of America’s Bitcoin Allocation Opens Doors to High-net-worth Clients
image
Polygon enables first US bank-issued stablecoin on public blockchain
image
Ethereum hits new year-to-date high as volatility increases across the cryptocurrency market
A hidden “yield war” begins with Ethereum ETFs, with issuers finally being forced to pay for their holdings
A hidden “yield war” begins with Ethereum ETFs, with issuers finally being forced to pay for their holdings
image
UAE joins global Bitcoin hashrate competition through government-backed miners
© 2025 All Rights reserved | Powered by Crypto Prune
Crypto Prune > Mining > UAE joins global Bitcoin hashrate competition through government-backed miners
Mining

UAE joins global Bitcoin hashrate competition through government-backed miners

3 hours ago 4 Min Read

The UAE government is currently sponsoring Bitcoin mining operations that take advantage of the country’s large natural gas supplies. czech republicfoIt was interjected on social media that the UAE, under the ownership of Binance, has been “mining Bitcoin for a long time.” meanwhile. “

Governments of countries such as Japan and Elle salvador And Russia is already sponsoring Bitcoin mining And according to recent reports, the UAE has joined the group.

Is the UAE government involved in Bitcoin mining?

According to a recent announcement circulating on social media, the United Arab Emirates has joined the list of countries that have chosen to adopt government-backed Bitcoin mining. Binance founder CZ responded to an announcement post regarding UAE mining activities with the following: knowledge. “

Arkham Intelligence revealed in August of In 2025, the UAE held approximately 6,300-6,450 Bitcoins worth $700 million, acquired through state-sponsored mining operations conducted through Citadel Mining.

Rather than allowing private companies to control the sector or attempting to limit it through regulation, the UAE government is choosing to directly participate in or sponsor mining operations.

However, to protect energy resources and land use laws, the Emirate of Abu Dhabi banned cryptocurrency mining on agricultural land in September 2025 and imposed fines of up to Dh100,000 on violators.

Nevertheless, the UAE considers Bitcoin mining to be a core national infrastructure, in the same way that countries treat data centres, telecommunications networks, or energy projects.

News from Dubai and Abu Dhabi in recent years reinforces the country’s progressive approach to regulating the digital asset sector, attracting major crypto exchanges and blockchain companies, and establishing free zones specifically designed for crypto businesses.

See also  Russian authorities are involving illegal mining due to 200% spikes on video card sales

What other countries are participating in Bitcoin mining?

Although El Salvador adopted Bitcoin as its legal tender in 2021 and abolished it in 2025, the country still holds 7,517 BTC. The country mined 474 BTC in three years using geothermal energy from volcanoes.

In 2023, the small Himalayan kingdom of Bhutan revealed that it had secretly started mining Bitcoin in 2018 using its abundant hydroelectric power resources. Mine 55-75 BTC every week and use the tokens to fund civil servant salaries and public services.

Ethiopia has an agreement with an international mining company to use the country’s surplus hydropower to operate mining operations.

Iran, Japan And Russia also has crypto-friendly policies to benefit in various ways. Iran legalized mining at the national level in 2019 to generate revenue and pay for imports under economic sanctions. The country will close 100 illegal mines in 2025 and regularly bans even legal mining during energy crises.

Japan recently began state-sponsored mining to balance power grid loads. Russia’s regional governments and Siberian state-owned power companies have hydroelectric mining operations. However, mining is currently prohibited in various regions of Russia due to energy issues.

The French government-backed mining project is still in the proposal stage and not fully operational, but the country intends to use surplus nuclear energy to power the operation. By way of background, France produces more than 70% of its electricity from nuclear power, and 1 gigawatt of surplus energy can generate $100 million to $150 million annually.

TAGGED:MiningMining NewsNews
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RELATED NEWS

Nvidia's revenues are in the spotlight

Nvidia’s revenues are in the spotlight

By Crypto Prune 8 months ago
image

Russia claims to be missing out on up to $120 million a year in tax revenue from cryptocurrency mining.

By Crypto Prune 3 months ago
Why did the Bitcoin hashrate plunge after the US attacked Iran's nuclear facility? Did Iran mine Bitcoin? Here is the estimate for Bitcoin Holding

Why did the Bitcoin hashrate plunge after the US attacked Iran’s nuclear facility? Did Iran mine Bitcoin? Here is the estimate for Bitcoin Holding

By Crypto Prune 7 months ago
Unicâmbio taps Ripple to speed up payments across borders

Unicâmbio taps Ripple to speed up payments across borders

By Crypto Prune 7 months ago
cryptoprune

© 2025 All Rights reserved | Powered by Crypto Prune

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cardano
  • Ethereum
  • Exchange
  • Market
  • Metaverse
  • Mining
  • News
  • Crypto
  • NFT
  • Solana
  • Regulation
  • Technology
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?