du, the leading telecom and digital services provider, has become the first UAE telcom to launch an innovative Cloud Mining as a Service (MaaS) offering called ‘Cloud Miner’, at a grand reveal through a laser show held at the iconic Burj Khalifa.
The new service will be offered under its operating sub-brand ‘du Tech’ portfolio, leveraging its extensive data center skills, ICT Infrastructure to pioneer sustainable crypto innovation. Cloud Miner is designed exclusively for UAE residents in line with du’s commitment to transparency, security, and regulatory compliance.
Through du Tech’s data centers located across the UAE, UAE residents can now engage in cryptocurrency mining by renting the required computational power on a subscription basis, which customers can bid on through an online auction that will be hosted on Online Auction, starting from 3rd to 9th of November.
du’s innovative Cloud Miner: Cloud Mining as a Service (MaaS) offering streamlines the entrance into the world of cryptocurrency mining by offering a cloud-based solution that significantly simplifies traditional processes.
This service enables clients to enjoy all the benefits of mining, such as potential Bitcoin rewards and participation in the blockchain ecosystem, without the burdens of hardware management, electricity costs, or maintenance concerns, and operations can commence immediately after subscription.
du distinguishes its Cloud Miner with competitive pricing and transparent, no-hidden-fee contract available for 24 months, allowing clients to conveniently enjoy 250 TH/s capacity that enables the subscribers to access mining through a straightforward web application. Furthermore, du ensures adherence to KYC/AML compliance for high-value transactions with the use of UAE Pass and bolstering account security with Two-Factor Authentication, demonstrating its commitment to providing a secure and trustworthy service.
Jasim AlAwadi Chief ICT Officer – du
“With the launch of Cloud Miner, our Cloud Mining as a Service, we aim to offer an easy entry point into the world of cryptocurrency whilst leveraging on du’s reputation for reliability, transparency, and security. The service embodies our commitment to innovation, leveraging our robust data centre skills and ICT infrastructure to secure a sustainable future for digital finance in the UAE.”
Jasim AlAwadi further stated that, “The launch of Cloud Miner under sub-brand du Tech highlights du’s rich heritage in telecom but also its forward-thinking approach to adopting new technologies. du simplifies the entrance into mining as a service, making it accessible with just a few clicks by providing computational power through yearly contracts. With du’s Cloud Miner, entering the cryptocurrency market has never been easier, or more secure.”
du’s new service, Cloud Miner, underscores its commitment to transparency and reliability. Built on du’s established reputation for performance and trust, the latest offering aims to give clients greater confidence in their bitcoin cloud mining ventures.
