Oman bets big on cryptocurrency mining despite Bitcoin’s volatility
The oil-rich country is staking a share of its future on digital money. A cooler southern climate, business-friendly regulation and cheap energy could help it succeed
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For the last two years, the market value of Bitcoin has been on a rollercoaster ride, the volatility leading institutional investors and regulators to question the cryptocurrency’s long-term viability.
But look to the Gulf countries and a different story...
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