Houston, Texas: GDA, one of the world’s leading bitcoin mining companies in terms of hash rate, believes the latest bitcoin halving event can allow the industry’s leading players to flourish, as the GCC region emerges as a new area for growth.

Abdumalik Mirakhmedov, Founder and Executive President of GDA, will be a keynote speaker at the World Blockchain Summit in Dubai on Tuesday, when he discusses challenges faced by the bitcoin mining industry in navigating through the 4th bitcoin halving event.

“Mining companies have had to prepare well for the halving event, and approach it with a high level of operational efficiency,” said Mirakhmedov. “But we believe that halving fosters competition and innovation. Well-prepared companies will not only cope, but also flourish after the halving, effectively expanding their operations.”

GDA currently operates 20 data centres across North America, Europe, and Central Asia. The company, which has a total power capacity of over 500 MW, has brought over 150,000 miners online, and believes strong government support, and a focus on green energy, makes the GCC region attractive for bitcoin mining expansion. 

“GDA is a vertically integrated company with data centres distributed all over the globe,” said Mirakhmedov. “We are always looking for good locations for our data centres, and believe that the GCC countries have enormous potential for the development of the bitcoin mining sector.

About GDA

GDA is one of the world’s largest and most experienced industrial-scale bitcoin mining companies, with a track record of building, managing, and scaling data center operations spanning nearly a decade. We champion innovation, responsible energy use, and investment in the communities where we operate globally, including the 20 data centres across North America, Europe, and Central Asia. With a total power capacity of over 500 MW, the company has brought over 150,000 miners online. At GDA, we are committed to supporting the infrastructure for the future of money by making the bitcoin network more robust, resilient, and secure.

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Tony Lewis / Narayan Marar
Total Communications
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