Pantheon has partnered with Qareeb Data Centres to roll out Bitcoin mining data centres across the GCC (Gulf Cooperation Council). This strategic collaboration strengthens Pantheon’s presence in a key digital finance region and ensures efficient operations through Qareeb’s regional expertise.
Expanding Infrastructure for Bitcoin Mining
The partnership enables the development of high-performance Bitcoin mining data centres in locations where Qareeb has already secured, or is securing, colocation sites. This approach ensures seamless integration and rapid deployment of mining facilities.
Qareeb will:
- Secure sites for Pantheon’s mining operations.
- Deliver fully fitted, operational mining facilities.
- Provide engineering, security, and operational support.
Pantheon’s expansion into the GCC aligns with its strategy to build efficient and scalable Bitcoin mining operations. The region’s access to competitive energy prices and Qareeb’s expertise in turnkey project management make this partnership a key step in optimising mining efficiency and ROI.
Commitment to Digital Finance Growth
Annemarie van Zadelhoff, Chief Strategy Officer at Qareeb, stated:
"Pantheon’s focus on innovation and efficiency aligns with our mission to deliver best-in-class data centre solutions. Through this partnership, we ensure fully fitted, secure, and high-performance facilities to support Bitcoin mining growth in the region."
Nick van Houtrijve, COO and Founder of Pantheon, added:
"This expansion strengthens our global infrastructure and positions Pantheon at the forefront of Bitcoin mining in the GCC."
Jim Niemeijer, Head of Business Development at Pantheon, concluded:
"Qareeb’s regional expertise, combined with our operational capabilities, ensures strong returns for our investors and clients."
Looking Ahead
Pantheon and Qareeb aim to set new standards for efficiency, security, and scalability in Bitcoin mining with this partnership. The first deployments are planned for 2025, and further expansions will be based on market demand.
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