Good find, make you wonder hmm. So when I read this what do I find.
I find huge clues that leads me to believe, Phoenix is huge.
"Phoenix has been granted approval to build and develop a large scale mining farm in the UAE."
"world’s largest purchases on record for crypto mining rigs, worth US $650 million."
“This is just the beginning, so far we have made a purchase of the latest mining rigs from Bitmain. These are the latest generation mining machines which come with the AntBox, mining container, which comes with a new built in water cooling solution that utilizes water cooling making it ideal for countries such as the UAE and the rest of the GCC. All the mining rigs we just purchased will be deployed in our UAE crypto mining farm.”
What does stand out from the quote above "This is just the beginning"
"The expansion will be met with an additional order of US $2 billion worth of mining rigs in 2022."
"In the future, Phoenix Technology is seeking to establish a large scale crypto exchange in the region to bring crypto to the fingertips of every person in the Middle East."
Specifically this quote is extremely huge, what some probably don't understand, clues, essentially the Coinbase of that region.
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