Bitcoin Mining Helps the UAE Achieve $344 Million in Unrealized Profit

TLDR The UAE has accumulated $344 million in unrealized profit from its bitcoin mining operations. Wallets tied to the UAE Royal Group hold approximately 6,782 BTC, valued at around $450 million. The UAE’s mining efforts began in 2022 with Citadel Mining, linked to the Abu Dhabi royal family. The country’s mining operation produces about 4.2 [...]

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