Bhutan to Upgrade Bitcoin Mining in Himalayas as ‘Halving’ Looms
- A partnership with Bitdeer will invest in the latest hardware
- The pair aim to boost the kingdom’s mining capacity sixfold
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Bhutan’s investment arm and Bitdeer Technologies Group are planning to ramp up their Bitcoin mining operation to help offset the revenue impact of an upcoming event known as the halving.
The partnership between Druk Holding & Investments and Nasdaq-listed crypto mining firm Bitdeer aims to invest in boosting Bhutan’s mining capacity sixfold through the introduction of cutting-edge hardware.