UAE residents can now mine Bitcoin without owning hardware, as telecom operator du launches its first-ever Bitcoin cloud mining platform, “Cloud Miner.”

du launches UAE’s first cloud Bitcoin mining platform

UAE’s second largest telecom operator du has launched a Bitcoin

Bitcoin cloud mining platform, branded “Cloud Miner,” allowing UAE residents to participate in crypto mining through a subscription model, Gulf News reported on Sunday.

Through Cloud Miner, users can mine Bitcoin by renting computational power rather than purchasing or maintaining their own mining hardware. Subscriptions are allocated through an online auction running from November 3 to 9, where participants can bid for mining contracts. Each subscription provides 250 TH/s of hash power for 24 months, and earnings are automatically credited to users’ wallets based on their share of mining output.

The service was officially unveiled on November 2 at a launch event held at the Burj Khalifa, marking the first time a UAE telecom company has entered the Bitcoin mining sector.

In recent years, the UAE country has positioned itself as a global hub for blockchain innovation and regulated crypto activity. Dubai’s Virtual Assets Regulatory Authority (VARA) has introduced clear licensing frameworks, while major real estate developers such as DAMAC Properties and Ellington now accept Bitcoin and Ethereum for real estate purchases.

Meanwhile, Emirates NBD and Mashreq have explored blockchain-based payment systems, which would enable faster, safer, and simpler international payments that work any time of day.

The move by du to launch Bitcoin cloud mining comes on the heels of Crypto.com receiving approval to enable residents to pay Dubai government fees with digital assets.

Sources >> UAE’s second largest telecom provider Du launches Bitcoin cloud mining service