du celebrates successful Cloud Miner auction in partnership with Online Auction following overwhelming demand

du, the leading telecom and digital services provider, today celebrated the strong market response to its Cloud Miner under its sub-brand du Tech — the region’s first Cloud Mining as a Service (MaaS) solution — with a ceremony held at its headquarters to mark the continued collaboration with Online Auction. The event welcomed Majid Mustafa Ahli, CEO Online Auction, who joined Jasim Al Awadi, Chief ICT officer at du, to commemorate the success of the inaugural Cloud Miner auction, which recorded exceptionally high engagement from crypto-interested residents across the UAE.

Building on this momentum, du announced the launch of the second Cloud Miner auction, hosted exclusively on Online Auction. Running for six days starting 23 November, this will release more compute capacity bundled as the following:

•    1 bundle of 6 contracts at 1500TH/s total per bundle
•    2 bundle of 4 contracts each at 1000TH/s total per each bundle
•    5 bundles of 2 contracts each at 500TH/s total per each bundle

Jasim Al Awadi, Chief ICT Officer at du, said: “The incredible uptake of Cloud Miner reflects the growing appetite for secure, transparent, and locally hosted cloud mining solutions in the UAE. We are delighted to build on this momentum for du Tech with Online Auction as we offer new contract opportunities, giving even more residents the opportunity to participate confidently in digital asset innovation.”

Majid Mustafa Ahli, CEO, Online Auction, said: “The first Cloud Miner auction exceeded all expectations, demonstrating the strength of our partnership with du and the market’s readiness for new forms of digital investment. We look forward to continuing this journey with and delivering a seamless bidding experience to our users.”

Cloud Miner remains the UAE’s first telco-backed cloud mining service, designed to democratize access to Bitcoin mining by eliminating the need for hardware ownership, electricity management, and technical maintenance. Through du Tech’s secure and resilient data centres, subscribers can commence mining activity immediately after contract activation, supported by strict KYC/AML protocols, UAE Pass verification, and multi-layer authentication.