GMT to build advanced data centre in the UAE to boost Bitcoin mining power

GMT to build advanced data centre in the UAE to boost Bitcoin mining power

GMT is set to build a state-of-the-art data center in the United Arab Emirates amid the country becoming increasingly crypto-friendly, with several crypto and blockchain projects flocking there every month. The company is actively evaluating several sites throughout the Emirates as it looks to commence construction of its UAE-based data center. “GMT’s expansion is very significant for us; we are looking at making the UAE our global headquarters and bringing our expertise to the UAE via a mining center of excellence, service and repair facilities, in addition to a blockchain research and development center,” said GMT CEO, Mark Zalan. GMT will invest heavily in developing its UAE-based data center (the exact details of the center’s whereabouts are yet to come). All mining equipment will be stored indoors, with round-the-clock security personnel and CCTV cameras to ensure that no valuable equipment is stolen. Only the most powerful and modern miners – the Bitmain Antminer S19 Pro (110Th) and Antminer S19 (95Th) – will be used in this facility. A total of 5,000 brand-new miners will be running at GMT’s UAE data center, with the fleet of miners having a combined power capacity of 20 megawatts (MW.) All of the miners will