According to Cointelegraph, the combined Bitcoin mining power of the United Arab Emirates is estimated to be about 400 MW, accounting for 4% of Bitcoin's global computing power. The Middle East has become a popular region favored by cryptocurrency companies and supporting Web3. The UAE has 30 free trade zones.

While the United States, China, Russia, and Kazakhstan are the four countries with the highest share of global Bitcoin computing power, the UAE’s share of computing power is likely to gradually rise due to the resources provided by it.