Overview
- An online auction for Cloud Miner subscriptions runs November 3–9, allocating mining contracts to UAE customers.
- Each contract offers 250 terahashes per second for 24 months with earnings credited directly to users’ crypto wallets.
- du unveiled the service on November 2 at the Burj Khalifa, the first entry by a UAE telecom into Bitcoin mining.
- Pricing was not disclosed, and du plans to expand the number of contracts in a second phase.
- Chief ICT officer Jasim Al Awadi signaled further growth of mining-as-a-service and a forthcoming calculator for monthly Bitcoin yields.