Oman launches mandatory national Bitcoin mining pool
The Sultanate of Oman has launched a mandatory national Bitcoin mining pool, requiring all licensed cryptocurrency mining companies in the country to participate. The pool, named Omanhash, is a joint initiative between the Ministry of Transport, Communications and Information Technology and Omani blockchain firm Frontier Technologies LLC, with technical and liquidity infrastructure provided by Enegix Global.
This move consolidates Oman's growing mining sector under a single regulatory framework, giving the government direct visibility into mining revenue, energy consumption, and Bitcoin production. The structure mirrors a model previously implemented in Kazakhstan, where Enegix also operates a sovereign pool. Officials estimate the initial phase of Omanhash will consolidate approximately 10 exahashes (EH) of the nation's mining power.
The launch represents a significant step in Oman's strategy to formalize and regulate Bitcoin mining as a strategic industry. Rather than restricting the activity, the government is integrating it into its broader economic diversification agenda. Since 2022, Oman has invested over $700 million in mining and data center infrastructure within the...