Bitcoin Mining

Exahertz International's RO $370 million Investment Welcomed by Oman's MTCIT

The facility is armed with over 2,000 Bitcoin machines to start.
Jordan Tuwiner

Jordan discovered Bitcoin in 2013 and has been helping others learn about Bitcoin since through this site, which reaches 20,000+ readers daily.

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      August 22, 2023

Exahertz International's RO $370 million Investment Welcomed by Oman's MTCIT

In a significant move that underscores Oman’s growing role in the tech sector, the Ministry of Transport, Communications, and Information Technology (MTCIT) has extended a warm welcome to Exahertz International’s ambitious data hosting and Bitcoin mining center. This substantial investment is set to reshape the technological landscape in Oman and beyond.

Key Takeaways

  • Oman's MTCIT welcomes Exahertz International's data hosting and Bitcoin mining center.
  • Center begins with 11 megawatts and 2,000 Bitcoin mining machines.
  • Move follows China's ban, indicating a trend towards decentralized cryptocurrency mining.

Afaaq for Advanced Technologies: A New Tech Frontier

Exahertz International’s data hosting and Bitcoin mining center, known as the Afaaq for Advanced Technologies center, marks the second major data hosting endeavor to be drawn to Oman’s shores under the auspices of the Ministry of Transport, Communications, and Information Technology (MTCIT). This achievement reaffirms Oman’s status as a burgeoning tech hub, actively fostering innovation and investment.

Unveiling the Capacity: Initial Phase and Beyond

The inaugural phase of the Afaaq for Advanced Technologies center has already commenced operations with a dynamic entrance, boasting an impressive 11 megawatts of power capacity. Alongside this, the facility is armed with over 2,000 Bitcoin mining machines, a remarkable addition that positions Oman on the global cryptocurrency mining map. As the project advances, the facility’s capacity is projected to surge exponentially, with estimations pointing toward the ability to host as many as 15,000 miners by the approaching month of October.


The opening of Exahertz International’s center echoes a broader trend catalyzed by China’s sweeping ban on Bitcoin mining activities. Following this pivotal development, a substantial number of miners redirected their operations to the United States.

Oman’s strategic foray into cryptocurrency mining represents a significant step toward further decentralizing the mining network. This move is not only pivotal for the stability of the cryptocurrency ecosystem but also contributes to reducing the concentration of mining activities in specific regions.


Moreover, the move resonates with a broader global shift towards diversified cryptocurrency mining operations. This was evidenced earlier in the year when Bhutan, with minimal fanfare, revealed its quiet foray into Bitcoin mining, adding to the growing chorus of countries exploring the potential of blockchain technology.

Article Sources

BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.

  1. Zawya - Oman attracts $370mln investment in new data hosting, crypto mining centre,
  2. Data Center Dynamics - $370m data hosting and crypto mining center opens in Salalah, Oman,
  3. Forbes - Oman's Visionary Leap Into Bitcoin Mining,

About the Author

jordan tuwiner

Jordan Tuwiner is the founder of He studied computer science at Towson University and holds an online degree in trading & cryptocurrency. Jordan has been writing about Bitcoin since 2015. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets.