According to official media reports, in mid-June 2026, Oman officially launched Omanhash.om, the Middle East’s first national-level Bitcoin mining pool. This officially mandated regulatory model integrates the nation’s mining power, attracting global attention from the cryptocurrency industry.

The project represents a total investment of $700 million, with technical support from an international digital energy company and operation by a local Omani company. The Bitcoin mining pool’s initial target hashrate is 10 EH/s, with a mid-to-long-term peak of 20 EH/s. Given the Bitcoin network’s hashrate of 700-900 EH/s, Oman will account for 1%-1.5% of the global hashrate, classifying it as a medium-sized pool and ensuring no impact on Bitcoin network security.

Oman implements strict unified hashrate regulation

All licensed mining entities within the country must connect to Omanhash.om, prohibiting the use of overseas third-party mining pools. Violations will result in license revocation and cancellation of electricity permits. The platform adopts a stable FPPS revenue settlement model and is integrated with the national tax system, achieving full transparency in mining revenue, tax reporting, and regulation, thus addressing the regulatory loopholes of previous decentralized mining practices.

This project is a key initiative in Oman’s 2040 economic diversification strategy. Leveraging its abundant oil and gas reserves and low-cost solar energy, Oman aims to revitalize its energy resources and develop its digital hash rate industry through a unified mining pool, reducing its economic dependence on oil while simultaneously addressing issues such as electricity theft and tax evasion, and attracting global investment in the hash rate industry.

This model has also sparked controversy within the industry

Bitcoin’s core attributes are decentralization and the absence of official control, while Oman’s centralized control of its nationwide hash rate disrupts the industry’s free ecosystem and poses potential risks of transaction censorship.

Industry analysts point out that energy-rich countries such as Saudi Arabia, the UAE, and Kazakhstan have already begun studying this regulatory model. In the next 2-3 years, the global mining industry will move away from a completely free market, forming a dual-track system of commercial mining pools and sovereign state mining pools. Cross-border flow of hash rate will be restricted, and the global cryptocurrency hash rate landscape will undergo a long-term adjustment