{"id":9756,"date":"2024-01-12T09:00:55","date_gmt":"2024-01-12T09:00:55","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=9756"},"modified":"2024-01-12T09:00:55","modified_gmt":"2024-01-12T09:00:55","slug":"bitcoin-mining-doesnt-stop-187-million-device-purchase","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/","title":{"rendered":"Bitcoin Mining Doesn&#8217;t Stop: $187 Million Device Purchase"},"content":{"rendered":"<p data-sourcepos=\"3:1-3:222\">Bitcoin Mining Doesn&#8217;t Stop $187 Million Device Purchase!! Following the purchase of large mining devices by companies such as Marathon, RIOT, and Cleanspark, Phoenix Group, the most important Bitcoin mining company in the Middle East region, announced a $187 million purchase.<\/p>\n<blockquote>\n<p data-sourcepos=\"3:1-3:222\">You might like: <a href=\"https:\/\/coinengineer.net\/blog\/michael-van-de-poppe-spot-etf-approval-targets-600000\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong><em>Michael van de Poppe: Spot ETF Approval Targets $600,000!<\/em><\/strong><\/span><\/a><\/p>\n<\/blockquote>\n<p data-sourcepos=\"5:1-5:72\"><strong>US House Speaker: Bitcoin ETF Approvals Are a Historic Turning Point<\/strong><\/p>\n<p data-sourcepos=\"7:1-7:202\">Phoenix Group, the rising star of Bitcoin mining in recent times, signed an important agreement with Bitmain, the device manufacturer. The agreement included a purchase of $187 million worth of devices.<\/p>\n<p data-sourcepos=\"9:1-9:26\"><strong>So What About Cooling?<\/strong><\/p>\n<p data-sourcepos=\"11:1-11:227\">Only the purchases were mentioned and no information was shared about the brand or how the devices were. It is known that the company uses devices that are powered by water immersion and attaches importance to renewable energy.<\/p>\n<p data-sourcepos=\"13:1-13:131\">Phoenix company had reached an agreement in recent months to establish a $300 million Bitcoin mining farm in Saudi Arabia and Oman.<\/p>\n<p data-sourcepos=\"17:1-17:308\">Phoenix Group, which closely follows blockchain technologies and takes various steps in this regard, also made its company shares public in December. It was stated that there was 33 times more demand for the company&#8217;s shares, which started trading on the Abu Dhabi Stock Exchange at that time, than expected.<\/p>\n<p data-sourcepos=\"19:1-19:204\">Cleanspark, a Bitcoin mining company based in the United States, recently made an agreement with Bitmain for $90 million and also reached a preliminary agreement for a future purchase of $100 million.<\/p>\n<hr \/>\n<div>\n<div>\n<div>\n<div>\n<div class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">\n<div class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">\n<p class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong>,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube\u00a0<\/strong><\/a>\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a> channels for the latest news and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Mining Doesn&#8217;t Stop $187 Million Device Purchase!! Following the purchase of large mining devices by companies such as Marathon, RIOT, and Cleanspark, Phoenix Group, the most important Bitcoin mining company in the Middle East region, announced a $187 million purchase. You might like: Michael van de Poppe: Spot ETF Approval Targets $600,000! US House<\/p>\n","protected":false},"author":1,"featured_media":9757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[3606,3603,61,307,2128,3601,3604,3602,2931,3605],"class_list":["post-9756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-abu-dhabi-stock-exchange","tag-and-cleanspark","tag-bitcoin","tag-bitcoin-mining","tag-bitmain","tag-marathon","tag-phoenix-group","tag-riot","tag-saudi-arabia","tag-the-united-states"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Mining Doesn&#039;t Stop: $187 Million Device Purchase - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Phoenix Group, the most important Bitcoin mining company in the Middle East region, announced a $187 million purchase.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Mining Doesn&#039;t Stop: $187 Million Device Purchase - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Phoenix Group, the most important Bitcoin mining company in the Middle East region, announced a $187 million purchase.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-12T09:00:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Bitcoin-Mining.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"585\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/\",\"name\":\"Bitcoin Mining Doesn't Stop: $187 Million Device Purchase - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Bitcoin-Mining.webp\",\"datePublished\":\"2024-01-12T09:00:55+00:00\",\"dateModified\":\"2024-01-12T09:00:55+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2\"},\"description\":\"Phoenix Group, the most important Bitcoin mining company in the Middle East region, announced a $187 million purchase.\",\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Bitcoin-Mining.webp\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Bitcoin-Mining.webp\",\"width\":1024,\"height\":585,\"caption\":\"Bitcoin Mining\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Mining Doesn&#8217;t Stop: $187 Million Device Purchase\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/coinengineer.net\/\"],\"url\":\"https:\/\/coinengineer.net\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin Mining Doesn't Stop: $187 Million Device Purchase - Coin Engineer","description":"Phoenix Group, the most important Bitcoin mining company in the Middle East region, announced a $187 million purchase.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Mining Doesn't Stop: $187 Million Device Purchase - Coin Engineer","og_description":"Phoenix Group, the most important Bitcoin mining company in the Middle East region, announced a $187 million purchase.","og_url":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/","og_site_name":"Coin Engineer","article_published_time":"2024-01-12T09:00:55+00:00","og_image":[{"width":1024,"height":585,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Bitcoin-Mining.webp","type":"image\/webp"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/","url":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/","name":"Bitcoin Mining Doesn't Stop: $187 Million Device Purchase - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Bitcoin-Mining.webp","datePublished":"2024-01-12T09:00:55+00:00","dateModified":"2024-01-12T09:00:55+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2"},"description":"Phoenix Group, the most important Bitcoin mining company in the Middle East region, announced a $187 million purchase.","breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Bitcoin-Mining.webp","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Bitcoin-Mining.webp","width":1024,"height":585,"caption":"Bitcoin Mining"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-doesnt-stop-187-million-device-purchase\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Mining Doesn&#8217;t Stop: $187 Million Device Purchase"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/70674da64ef7457ff399f5f51be296e2","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/47d8a8204de9104b7e21c9124ecff87e02940cf67e2cf7122f4a02f1445ae66b?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/coinengineer.net\/"],"url":"https:\/\/coinengineer.net\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/9756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=9756"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/9756\/revisions"}],"predecessor-version":[{"id":9758,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/9756\/revisions\/9758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/9757"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=9756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=9756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=9756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}