Intelion Data Systems UAE

Profitable mining with Intelion Data Systems. Save up to 30% on hosting expenses!

💥New hot plan - $0.05 kWh!

⚡️24-hour security and video surveillance
⚡️Insurance for all equipment
⚡️24/7 Tech support
⚡️99.4% Uptime

‼️Contact us to learn about terms of the plan! Link in bio⬆️⬆️⬆️

🌏 Where is the world's crypto capital?

Dubai is center of innovation and a magnet for the most talented people of the crypto industry.

Therefore it was only a matter of time before the announcement of the legendary Blockchain Life Forum in Dubai.

💥 Blockchain Life 2023 takes place on February 27–28 at Atlantis the Palm!
Learn more: https://blockchain-life.com/asia/en/

The Forum gathers key industry players, officials, heads of international companies, funds, investors, startups and beginners. It’s noteworthy that The Forum is a meeting point for a premium crypto audience including world Crypto Whales.

Among top speakers:

🔸 Mehdi Farooq – Senior tokenomics analyst, Animoca Brands
🔸 Arpit Sharma – VP global enterprises, Polygon Technology
🔸 Gabriel Abed – Ambassador of Barbados to the UAE
🔸 Vineet Budki – CEO Cypher Capital
🔸 Manan Shah – CEO of Avalance Global Solution
and 50 more.

Buy tickets with a 10% discount using promo code intelion
https://blockchain-life.com/asia/en/ -row

UAE is among the world’s most crypto-ready nations

A study by Forex Suggest claims that UAE is now in the top four countries most ready for cryptocurrency adoption. This trend within the country has been growing exponentially over the past five years.

The authors of this research analyzed countries across the globe by multiple factors, such as the number and accessibility of crypto ATMs in each country, legislation and taxes surrounding cryptocurrency, the number of blockchain startups, searches for crypto, etc. The only three countries that outraced UAE are Hong Kong, the US, and Switzerland. The UAE shares the fourth spot with three other countries including Georgia, Romania, and Croatia with a crypto-readiness score of 6.2 out of 10.

“Once only regarded as a speculative asset, many companies, governments, and individuals have realized its potential and embraced it as the future of financial technology. El Salvador even made history last year for being the first country to recognize Bitcoin as legal tender,” Forex Suggest study said.

The UAE also claimed the third top spot in the list of countries with the most blockchain startups and is placed fourth in the list of countries with the most interest in cryptocurrencies, the study shows.

We have an opening on our team!
Intelion Data Systems is looking for a Dubai-based Sales specialist.
As our sales are based on incoming leads through various channels, the sales representative’s task is to follow up on those leads by calling and meeting customers both in our office and in the city.

Not limited to a typical sales job, our new colleague will participate in various forums, guide new employees, and help grow the business together with the rest of the team.

The KPI system is very transparent and motivating.

We welcome candidates with a keen desire to take initiative and drive value with all our customers and prospects. You must be able to demonstrate the ability to sell our products and services, build relationships, provide outstanding consulting and understand numbers (operational and financial).

To get a detailed description of the job, visit our website.

CleanSpark buys more than 1000 ASIC miners at a reduced price.

Last week CleanSpark announced about purchasing 1,061 pcs of Whatsminer M30S. ASIC-miners are already running and mining bitcoin at the Coinmint facility in New York. The increase in power capacity went up by 93 PH/s. The mining company also shared its plans to increase its capacity, taking advantage of the current market. Earlier in June, it purchased 1,800 units of Antminer S19 XP.

“We see unprecedented opportunities in the current market,” - says CleanSpark President and CEO Zach Bradford. - “Our proven approach to growing our power capacity provides us with an excellent opportunity for sustainable growth in a market ideal for long-term planning.”

The company's computing power has increased by 47% over the past six months, and monthly bitcoin mining has increased by 50% over the same period. “These important KPIs highlight our ability to stay ahead of changes. We believe our operating strategy will enable us to even improve these numbers,” Bradford added.

It's now easier to send Intelion Data Systems UAE a message.

🔥Al Jalila Foundation - first charity in UAE to accept donations in crypto

A nonprofit healthcare organization and member of the Mohammed Bin Rashid Al Maktoum Global Initiatives, Al Jalila Foundation, released exciting news – it has been approved to be the very first healthcare charity to receive donations in digital money. This approval will expand the Foundation’s donation channels, network, and capabilities in line with Dubai’s vision to be a leader in adopting advanced financial technologies.

Dr. Abdulkareem Sultan Al Olama, CEO of Al Jalila Foundation, said: “As a philanthropic organization we rely on charitable donations and we are always seeking innovative ways to expand our donation channels for ease of convenience for donors from all around the world to support our programs.”

The Middle East is one of the fastest-growing cryptocurrency markets in the world: up to 10% of global trading volumes are happening here. The amount of crypto transactions each year goes as high as $25 billion. Philanthropy and crypto make great pairs, involving more young people in charities, presenting donation proccess more accessible and sustainable.

🔥Dubai’s real estate developer will accept Bitcoin and Ethereum

Recently Damac Properties announced that it would sell property against cryptocurrencies, starting with Bitcoin and Ethereum. Ali Sajwani, general manager of operations at Damac and lead of the organization’s digital transformation initiatives says: “Global businesses like ours must stay at the top of evolution. Offering yet another transactional mode is exciting, and we are glad to recognize the value this technology brings to our customers.” The representative also made a point about revolutionizing the estate business with technology, minding that the field itself is considered to be one of the most traditional ones.

The adoption of crypto is increasing at an exponential rate in the UAE. Dubai alone became the crypto capital of the world over the past year, attracting new businesses from all over the world. Major crypto exchanges are shifting their base to Dubai following the Government’s decision to issue virtual asset licenses under the Dubai Virtual Assets Regulatory Authority. Dubai is heading towards becoming a crypto hub. The Emirate is also promoting other virtual assets with crypto-friendly regulations.

Intelion Data Systems UAE updated their website address.

🔥Bakkt has entered into a partnership agreement with Google

💥Bakkt users will be provided with the ability to add their virtual Bakkt® Visa® Debit Card (“Bakkt Card”) into Google Pay to purchase everyday goods and services online, in-store, or anywhere Google Pay is accepted. Digital assets will be first converted to fiat for these payments to occur.

Bakkt also plans to build new analytics along with artificial intelligence (AI), machine learning (ML), and geolocation functionality on its platform leveraging Google Cloud’s industry-leading tools.

🔥Steve Wozniak on bitcoins superiority over the US dollar.

Apple co-founder Steve Wozniak in an interview with Yahoo Finance spoke about bitcoin and its advantages over the US dollar. According to Wozniak, the mathematics and logic embedded in bitcoin prevent copying or counterfeiting the cryptocurrency, therefore, it is much superior to the dollar in terms of reliability and future stability.

💥He also believes that, contrary to popular stereotypes, digital gold is more predictable than the US dollar. In his opinion, the additional emission of the dollar makes inflation forecasting nearly impossible.

🔥Binance Advocates for Fundamental Crypto Rights

💥Crypto exchange Binance has published a list of “fundamental rights” amid increasing regulatory pressure, arguing everyone should have access to financial tools like crypto.

Chief Executive Officer Changpeng “CZ” Zhao told Bloomberg News the list is a reflection of what Binance considers to be most important when it comes to regulating crypto, providing the latest example of an exchange trying to shape the rules of the road.

🔥Kazakhstan miners moving out: Russia and USA are hot directions

💥Crypto mining company Xive shut down a crypto mininig facility in South Kazakhstan due to lack of sufficient electricity supply from the national grid, co-founder Didar Bekbau told CoinDesk on Wednesday, November 24.

Kazakhstan has been grappling with electricity shortages, caused by an influx of crypto miners from China. The southern part of the country is particularly vulnerable as the region lacks abundant electricity generating plants. It is expected for Russia to become the main destination for the relocating companies.

🔥Crypto attracts $ 30 billion in 2021. It's an absolute record

According to Bloomberg data, 2021 bit all previous years combined in terms of investments in cryptocurrencies and related businesses💪 Previously, the year 2018 was considered the biggest one, during which the crypto industry attracted about $ 8 billion in investments.

💥Says Spencer Bogart, general partner at San Francisco-based Blockchain Capital LLC: “We’ve moved beyond just digital gold. We’ve got financial services, art, gaming as a subcategory of NFTs, Web 3.0, decentralized social media, play-to-earn — all of that made investors think, `We don’t have enough exposure’”

🔥Bitcoin miners profit with $16.7 billion in 2021

The total income of BTC miners worldwide went up to $16.7 billion in 2021, while Ethereum miners count even more by 40% — $23.4 billion, says The Block Research.

The most lucrative month for bitcoin miners was March 2021 with an amount earned of $1.75 billion. The average commission rate in BTC blockchain decreased by 83% over the year, while the share of commissions in Ethereum's net skyrocketed due to the rapid development of DeFi and NFT.

🔥US miners Won’t Be Subject to IRS Reporting Rule

The US Treasury Department's decision was published on Friday, February 12. It is a response to the concerns expressed by major figures in the blockchain industry in connection with the bipartisan infrastructure bill signed by President Biden last November.

Assistant Treasury Secretary for Legislative Affairs Jonathan Davidson clarified that, in the eyes of the Department, "auxiliary parties who cannot access information useful to the Internal Revenue Service should not be subject to reporting requirements for brokers." Comment concerns those engaging in mining and staking activities to verify cryptocurrency transactions, as well as to software and hardware providers.

🔥Our team at World of Web3 Summit this week!

We'll tell all about what's new with Intelion Data Systems and answer your questions concerning all things mining and other computing equipment.

Every day starting March 13 till March 16 at Burj Park by Emaar.

See you there!😎

🔥Dubai adoptes new law on crypto and establishes a regulatory authority

Dubai has become a popular destination for the crypto community around the world for the past few years and continues to make sure to meet cryptobusinesses halfway. Now the emirate passed its first law designed to regulate transactions with cryptocurrencies and digital assets.

“Today, we approved the virtual assets law and established the Dubai Virtual Assets Regulatory Authority. A step that establishes the UAE’s position in this sector. The Authority will cooperate with all related entities to ensure maximum transparency and security for investors,” head of the emirate Rashid Al Maktoum said in his tweet.