UAE sits on $344 million unrealized profit from its bitcoin mining operations

UAE sits on $344 million unrealized profit from its bitcoin mining operations

• UAE sits on $344 million unrealized profit from its bitcoin mining operations Royal family-linked mining rigs are producing about 4 BTC a day, turning state-backed infrastructure

UAE-linked bitcoin mining amasses $344 million unrealized profit excluding energy costs: Arkham

• Arkham attributes approximately $344 million in unrealized profit to wallets linked to UAE royal family-affiliated mining operations.