🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Abu Dhabi-listed Bitcoin mining company Phoenix Group is considering entering the AI field and will relocate part of its business to the United States.
PANews, June 20 - According to Semafor, Munaf Ali, CEO of Bitcoin mining company Phoenix Group, which is listed in Abu Dhabi, stated in an interview that the company plans to double its global data center capacity to over 1,000 megawatts in the next two years to expand into the artificial intelligence sector, and is considering relocating some of its operations to the United States. Ali pointed out: "Bitcoin mining can be operational in 6 months, while AI data centers require several years of construction time, and the combination of the two can hedge risks." The Phoenix project plans to spin off its Mining and data center business and list on a U.S. exchange, while the Abu Dhabi parent company will retain a majority stake. Ali did not disclose a specific timeline but stated that the dual listing will help raise funds and benefit from the higher valuations of U.S. tech companies. According to news from last December, Phoenix Group plans to be dual-listed in the U.S. in 2025.