du Launches ‘Cloud Miner’: Enabling Seamless Entry into Cryptocurrency Mining

Dubai-based telecom company du has launched its innovative Cloud Mining as a Service (MaaS) offering called ‘Cloud Miner,’ making crypto mining accessible to UAE residents. This service simplifies the traditional process of entering cryptocurrency mining, eliminating barriers like technical expertise, finding electricity sources, and managing maintenance. The launch takes place under the du Tech sub-brand, leveraging du’s robust data centre infrastructure for sustainable digital finance innovation in the UAE. ‘Cloud Miner’ operates through a subscription model, allowing users to bid on computational power online starting November 3rd to 9th via Online Auction (www.onlineauction.ae). Users can then begin mining immediately upon subscribing, enjoying benefits like potential Bitcoin rewards and participation in the blockchain ecosystem without managing hardware, electricity costs, or maintenance concerns. du’s ‘Cloud Miner’ offers competitive pricing and transparent, no-hidden-fee contracts for 24 months, granting access to a 250 TH/s capacity, easily accessible through a web application. This service is designed to meet KYC/AML compliance requirements with the use of UAE Pass and Two-Factor Authentication to ensure security and trustworthiness. Jasim AlAwadi, CICTO at du, highlights du’s commitment to innovation, reliability, transparency, and security in introducing ‘Cloud Miner,’ showcasing their expertise in digital finance. The service simplifies access to cryptocurrency mining through a user-friendly experience and provides a secure, reliable platform for the UAE’s growing digital finance market. For more information on participating in the auction and accessing ‘Cloud Miner’, visit [onlineauction.ae].