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Alias Born | 12/04/2010 |
Tuesday, January 18, 2022 9:50:16 PM
- Phoenix Digital Mining
- Phoenix VC
- Block One Technology
- Phoenix Store
- Phoenix Fund
- Phoenix USA
"Today, the Phoenix Group, while privately owned, consists of multiple divisions across various geographical locations."
"Phoenix has recently acquired a U.S. listed entity for the purpose of listing some of the Phoenix Group's income generating assets on the U.S. stock market. We expect to able to share more information with you in early 2022."
UAE-Based Phoenix Technology Consultants Places Order for $650M Worth of Crypto Mining Rigs
https://www.yahoo.com/now/u-e-based-phoenix-technology-074324202.html
UAE-based Phoenix Technology Consultants has signed a $650 million order for crypto mining rigs, one of the largest purchases on record, CEO Munaf Ali said at the World Digital Mining Summit (WDMS), which started in Tuesday in Dubai.
Deliveries of the “new generation” machines will start in 2022. Phoenix will also place orders for over $2 billion worth of crypto mining application-specific integrated circuits (ASICs) in the third quarter of 2022.
Phoenix’s mining facility will consume over 600MW of electricity and will further expand to reach 1.4GW within the next 18-24 months, Ali said.
Core Scientific co-founder and co-Chairman Darin Feinstein congratulated the Phoenix Tech CEO on the purchase, adding that he is glad to see more decentralization of the Bitcoin network.
Bitmain will announce its new miner during the conference Wednesday, said Xiaotong Li, sales director of EMEA & CIS Region said during another WDMS presentation.
Phoenix Tech is affiliated with Phoenix Store, Bitmain’s distributor in the Middle East.
Let's compare another play
ISW# announced plans for 100MW crypto mining farm
https://www.globenewswire.com/news-release/2021/07/01/2256440/0/en/ISW-Holdings-Closes-on-Its-1st-phase-of-over-100MW-Georgia-Crypto-Mining-Farm-Capable-of-Driving-Over-100M-in-Annual-Gross-Revs.html
It's market cap is about the same as ours
https://www.otcmarkets.com/stock/ISWH/security
https://www.otcmarkets.com/stock/TCRI/security
*TCRI announced plans for 1.4GW, not MW, but GW. Hmmm and that's just the mining side. Revenue Rocket Ship my friends. GLTA
BTW, when the cofounder & co-chairmen of Core Scientific ($4.3 billion company) is congratulating you, you know you are doing exceptional things.
- CVT
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