A seasoned entrepreneur, Mohamad Abdulrazak, is currently the Partner and Chief Strategic Officer at 71 Digital, a cryptocurrency mining company specializing in mid to large-scale Bitcoin mining operations. With a track record of delivering measurable outcomes, he has led several impactful projects, while fostering strong relations with clients and business partners alike, ensuring long-term success. As a part of the leadership team at 71 Digital, Mohamad leverages his industry experience, contributing to the expansion and growth of the company.
The Beginning
Mohamad Abdulrazak studied Business Management and Marketing, and already ran his own business during his university days. With the early realization that his true calling was entrepreneurship, he moved on this path. “The pivotal moment came when I recognized the potential of bitcoin mining,” Mohamad reflects.
Evolution of 71 Digital
Speaking about the company’s evolution since its inception, Mohamad shares, “Our company is mid-size but highly efficient, consistently meeting and exceeding our targets.” By delivering the best hosting service and 98.5% uptime, 71 Digital has gained a strong market share in the UAE’s crypto mining space. From a small-scale operation, the firm has grown into a multi-megawatt mining operator with regional and international clients.
In addition, it has expanded into the U.S. market, partnering with a leading energy provider and top-tier infrastructure developer on a green energy project with over 5.5 gigawatts of available power.
Bridging the Gaps
71 Digital is creating a bridge between the Middle East and the global blockchain economy. By providing industrial-scale mining facilities in the UAE, Mohamad shares that they are attracting foreign investment, optimizing unused or surplus energy, and creating opportunities for local suppliers, engineers, and technicians. “We’re also contributing to knowledge transfer in advanced cooling technologies, AI integration, and data centres. Laying the groundwork for the region’s role in the next generation of digital infrastructure,” Mohamad Abdulrazak even mentions.
What makes a Successful Leader: Qualities for Success
To excel in an industry as a leader, it is crucial to prioritize working on a strong foundation of skills. In Mohamad’s perspective, three critical skills are inevitable
for a leader to succeed in this field. Firstly, trust is a big factor in this industry, with word and track record opening more doors than any marketing campaign, so building a strong reputation is instrumental. Mohamad Abdulrazak even mentions, “Don’t over-talk. Focus on delivering results first and let your work speak louder than your promises. And, the quality of your facilities is your best marketing tool, and people believe what they can see, so showcase your infrastructure.”
Key Innovations at 71 Digital
With innovation at the core of their operations, 71 Digital has engineered an advanced air-cooling system with precision air vents, humidity control, and full insulation to maintain optimal mining conditions year-round. Allowing the team to operate up to 10MW in a single facility without performance loss due to heat or environmental fluctuations, this setup has resulted in higher uptime, extended hardware lifespan, and stable, efficient output even during peak seasonal temperatures.
Navigating through the Industry: Message from an Expert
Addressing the aspiring beginners in his industry, Mohamad Abdulrazak shares, “Start with understanding two fundamentals: energy and trust. Secure reliable, cost-effective power first; it’s the foundation of profitability. Build relationships early, before you need them, and protect them by delivering on every commitment. Expect challenges with regulation, hardware logistics, and market volatility, but don’t let them derail your vision. In this business, patience and execution matter more than hype.”
Follow Mohamad Abdulrazak on LinkedIn and Instagram.
To learn more about 71 Digital, visit their website https://71digital.io/
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