Phoenix Group Amps Up Their Bitcoin Mining Power To a Global Capacity of Over 500 Megawatts

  • Bitcoin Magazine Phoenix Group Amps Up Their Bitcoin Mining Power To a Global Capacity of Over 500 Megawatts On April 29, 2025, Phoenix Group announced, in a press release sent to Bitcoin Magazine, that it has added fifty-two megawatts of Bitcoin mining capacity in Ethiopia, increasing its total in the country to one hundred and thirty-two megawatts. With this development, Phoenix Group now operates more than five hundred megawatts globally.