Phoenix Group

Phoenix Group is a global mining facility manager overseeing 725MW across the UAE, the CIS, Canada, and North America which was founded in 2016 by the visionary duo of Bijan Alizadeh Fard and Munaf Ali. Its services include mining, hosting, and cooling in addition to investments in web3 technologies and regulated markets for digital assets. Systematic trading is a recent addition to its wide range of ventures.

A Conglomerate of Innovation

Today, Phoenix Group stands as a conglomerate of 23 dynamic businesses, each contributing to its remarkable success story. These businesses collectively operate nine state-of-the-art mining facilities strategically located across the United States, Canada, the CIS region, and the United Arab Emirates (UAE).

Setting Records in the UAE

Notably, the UAE serves as the backdrop for one of Phoenix Group’s groundbreaking achievements. Through a strategic joint venture with the Abu Dhabi government, the conglomerate has erected a colossal $2 billion crypto mining farm in the UAE. This monumental project has earned the distinction of being the largest of its kind globally, a testament to Phoenix Group’s commitment to pushing boundaries.

Global Reach, Diverse Workforce

Phoenix Group’s reach extends far and wide, with a significant international presence that encompasses Canada, North America, the CIS region, and the UAE. Within this global network, the group operates in diverse locations and employs over 177 professionals, representing 16 different nationalities. This rich diversity fosters a truly global perspective within the organization.

Comprehensive Services and Innovations

The Phoenix Group is not content with the status quo. The company offers a comprehensive range of services, including mining, hosting, and cooling solutions, catering to the evolving needs of the cryptocurrency industry. Moreover, Phoenix Group is at the forefront of innovation, with strategic investments in web3 technologies and regulated digital asset exchanges. A recent addition to its diverse portfolio is systematic trading, showcasing its adaptability and forward-thinking approach.

Shaping the Future

Looking ahead, the Phoenix Group is actively involved in shaping the future of the cryptocurrency industry. The company is dedicated to developing cutting-edge data centers in strategic global locations, underpinning its commitment to infrastructure excellence. Simultaneously, Phoenix Group is exploring opportunities to establish its own power generation capabilities, a visionary step toward creating a green and sustainable ecosystem within the crypto space.

In the world of cryptocurrency, Phoenix Group is a name synonymous with innovation, vision, and a relentless pursuit of excellence.