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Marathon Digital announces immersion crypto mining operations in Abu Dhabi

Published 05/09/2023, 05:45 PM
Updated 05/09/2023, 07:20 PM

Crypto mining firm Marathon Digital Holdings announced it has partnered with digital assets infrastructure company Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.

In a May 9 notice, Marathon Digital said the joint venture will be based in Mina Zayed and Masdar City in the United Arab Emirates, comprising two mining sites with a combined 250-megawatt capacity. According to the firm, Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid, claiming it will increase its base load and sustainability.

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