Dubai telecom operator du has launched a new cloud-mining subscription service named“Cloud Miner” offering residents in the UAE access to cryptocurrency mining without the need to purchase or operate hardware. The offering was introduced at a launch event held at the Burj Khalifa and will be managed under du's B2B sub-brand du Tech.

Customers will be able to lease 250 terahashes per second of mining capacity under a 24-month contract. The bidding for these subscriptions opens between 3 and 9 November via an online platform. du emphasises that the service removes the usual technical, maintenance and energy-cost barriers associated with crypto mining, facilitating access for a broader category of users.

The company has positioned Cloud Miner as the first telecom-based“mining-as-a-service” offering in the UAE and signals a strategic move into the digital-assets ecosystem. du's chief information and communications technology officer, Jasim Al Awadi, said the initiative reflects the company's ambition to enable an“easy entry point” into the world of cryptocurrency, leveraging its network reliability, transparency and infrastructure.

The service will operate from data-centres within the UAE, and participation requires verification via the national digital ID system UAE Pass and two-factor authentication, aligning with Know-Your-Customer and Anti-Money-Laundering protocols. Through this architecture, du aims to bridge regulatory compliance with the growing appetite for digital-asset participation in the region.

Industry observers note that the UAE has been implementing measures to build out its blockchain and digital finance ecosystem, and du's push into cloud mining may accelerate consumer adoption of crypto tools. The service effectively converts a mining“hash-rate” asset into Bitcoin rewards that are credited to users' wallets, while du retains the technical operations and infrastructure responsibilities. An independent hashing calculator suggests du's offering is among the more cost-efficient options currently available in the region, though users must still factor in the volatility of Bitcoin and the fixed nature of mining contracts.

While the move opens a new channel for du's business beyond telecom and digital services, it also carries risks. Critics point out that crypto-mining remains an energy-intensive activity and subject to significant regulatory and market-price fluctuations. Even though du is absorbing the operational load, the ultimate yield to the subscriber depends on Bitcoin's mining difficulty, network hash-rate and market price-all variables outside the company's control. The firm acknowledges these uncertainties and states that customers bear the investment risk associated with mining outcomes.

The broader strategy appears to position du not only as a connectivity provider but also as a gateway to digital-asset infrastructures. Al Awadi noted that once adoption grows, the company intends to expand capabilities into adjacent services such as crypto-exchanges and lending. This suggests the Cloud Miner product may be a first step in du's broader fintech ambitions.

Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.

MENAFN02112025000152002308ID1110283068