Crypto
Miners Eye Middle East as Next Region for Growth
![](https://blacknewsdaily.com/wp-content/uploads/2024/05/MKZZ5TUEI5A2NGLFK6AKL54OWU-780x470.jpeg)
“Compared to the U.S., the south of Oman has a few geopolitical advantages that are unique. It is very good for connections, as it’s next to submarine cables landing. It has, low [cost] electricity, reduced political risk, and favorable weather conditions for data centers,” said Olivier Ohnheiser, CEO of Green Data City, an Oman crypto-mining firm, told CoinDesk during Bitmain’s World Digital Mining Summit in Oman at the end of March.