jain.com

Abu Dhabi

Project of Marathon Digital

Kind
mining
Location
Abu Dhabi, United Arab Emirates
State/region
Abu Dhabi
Country
UAE
Status
operational as of August 5, 2026

Where it stands

The Abu Dhabi project is a joint venture (the ADGM Entity) with Zero Two, formerly FS Innovation, in which Marathon owns 20%. It operates two immersion-cooled bitcoin mining sites totaling 250 MW and has been mining since September 2023. Filings through the June 30, 2026 10-Q still include the ADGM Entity's rigs in Marathon's fleet and report no pause or sale. The 250 MW figure covers the whole JV; Marathon's proportional share was listed as 25 MW in the 2024 10-K, and the 250 MW total was last restated in the 2024 10-K.

250 MW in service

PhaseMWStatusDateSource
Two Abu Dhabi immersion mining sites (ADGM Entity JV with Zero Two)250operationalIn 2023, we launched a joint venture in Abu Dhabi, United Arab Emirates, which operates two sites with a total capacity of 250 megawatts, of which we own 20%.
2024-02-27 View cached copy (2026-08-31)Live source ↗

Assessed November 1, 2026 from the newest filings, releases and reporting that name this project (newest relied on: August 5, 2026).

Capacity

What has actually been delivered, against what has been promised. Each figure links to the statement it came from.

StageCapacityAs ofSource
Energized power flowing today--
Contracted a customer is on the hook--
Under construction--
Permitted--
Interconnect approved utility has agreed to deliver--
Interconnect requested in a queue, nothing approved--
Announced a press-release figure250 MW2023-03-15Abu Dhabi mining facility capacity

Who has claimed this site

Capacity commitments in the order they were announced. A commitment that ended shows why.

2023-03-15
FS Innovation - jv partner source

Claims about this project

2023-03-15 - verified
2023-03-15 - verified
Abu Dhabi mining facility operational timeline 250.0 MW. Promised by 2023-12-31.
2023-03-15 - stated
2023-03-15 - stated
2023-03-15 - verified
FS Innovation Abu Dhabi digital asset mining joint venture 406000.0 USD_thousands. Promised by 2023-12-31.
2023-03-15 - stated
2023-03-15 - stated
2023-03-15 - outcome unconfirmed
Abu Dhabi mining JV formation with capital commitment 81200.0 thousand USD. Promised by 2023-12-31.
2023-03-15 - verified
2023-03-15 - outcome unconfirmed
Abu Dhabi joint venture capital contributions 81200000.0 USD. Promised by 2023-12-31.

Site intelligence

Analytical estimate. Each site below is located from public records (filings, releases, news, OpenStreetMap) and checked against free satellite imagery; "How we located this site" lists every step and the score it earned. The conclusion is computed from night-time lights, surface heat and year-over-year change, with the dates it rests on. These are hypotheses under active tracking, not legal parcels or an official endorsement.
Abu Dhabi, United Arab Emirates
Weak
Abu Dhabi
24.4539, 54.3773
Approximate address F93G+HW5 Cargo Systems, AUH Int Airport - Al Manhal - W15 01 - Abu Dhabi - United Arab Emirates Reverse-geocoded from the candidate centroid; not a permit-confirmed parcel address.
Conclusion so far We have not located the site yet. · confidence 30%
Undetermined: we have not yet located the actual site, only the town or county it is in, so imagery cannot say whether anything is running.
What would change this: A published address, parcel, coordinates or permit for the site itself.
Latest clear imagery: Google 2026-10-30
Newest clear images4 clear image date(s)
Visual view of marathon-digital-abu-dhabi, 2026-10-30 (Google Earth (wide view))
2026-10-30Google Earth (wide view) · 4.35 m/pixel
Visual view of marathon-digital-abu-dhabi, 2026-10-30 (Google Earth (close view))
2026-10-30Google Earth (close view) · 0.54 m/pixel
Visual view of marathon-digital-abu-dhabi, 2026-09-29 (Google Earth (wide view))
2026-09-29Google Earth (wide view) · 4.35 m/pixel
Visual view of marathon-digital-abu-dhabi, 2026-09-29 (Google Earth (close view))
2026-09-29Google Earth (close view) · 0.54 m/pixel
How we located this site
5/100 (weak): locality location 5
  1. Starting point (the project's stated locality) 2026-11-01
    Abu Dhabi, United Arab Emirates → 24.45388, 54.37734 (locality)
  2. No site-level evidence yet 2026-11-01
    no address, road, landmark or coordinates tie this project to a specific parcel yet -- the town is shown, NOT the site
  3. OpenStreetMap features nearby 2026-11-01
    0 named match(es)

Satellite imagery on this page is drawn from the Google Earth satellite basemap. Each image is dated, labelled by source and pixel resolution, and downloadable at its native size; cloudy dates are kept and marked rather than hidden. New scenes are pulled daily as each provider publishes them.