Phoenix Group: 52MW Bitcoin Mining in Ethiopia

Phoenix Group Plc is a distributor of equipment based in the United Arab Emirates, a microbt manufacturer and distributor of Ledger and Cool Wallet digital portfolios throughout the Middle East and Africa. The company offers the trading of high -performance computer machines and data center hosting. The company develops, operates and manages specialized data centers, hosting high -performance computer power for digital assets in the United Arab Emirates, Oman, the United States of America and Canada; In addition, it hosts, operates and maintains equipment within its existing databases and allows investment opportunities in the cloud mining. The company manages about 30 branches, which include M/S Phoenix World Electronics Trading LLC, M/S Mega Phoenix Electronics Trading LLC, M/S PTC Clod Tech Fzco and M/S Phoenix Ventures Limited, among others.