Omanhash launch follows $700 million infrastructure investment, Anas Alhajji notes

Omanhash launch follows $700 million infrastructure investment, Anas Alhajji notes
Oman launches Bitcoin mining pool

Anas Alhajji, managing partner, energy economist, market analyst at Energy Outlook Advisors LLC, reports that Oman has launched a national Bitcoin mining pool called Omanhash and now requires licensed operators to participate.

The move is the result of a broader strategy that began in 2022, with the Omani government investing over $700 million in infrastructure to support the initiative.

Alhajji has previously tracked key developments across energy markets. He reported a sharp U.S. crude inventory draw that lifted prices while gasoline and distillate builds raised demand concerns in an earlier market update. He also noted Russian LNG exports reaching record highs alongside a surge in Venezuelan crude shipments in a separate report.

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