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BIT Mining
How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines
BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio.
Crypto Miner BIT Mining Ditches Data Center Build in Kazakhstan Due to Unstable Power Supply
The company’s bitcoin mining rigs hosted by third-party data centers in the country remain operational.
BIT Mining Invests Another $11M in Ohio Crypto Mining Data Center
The funding will be used to add an extra 65 megawatts of power capacity.
BIT Mining’s Subsidiary BTC.com to Exit Mainland China
The announcement comes shortly after Antpool, the largest bitcoin mining pool by hashrate, said it will block internet access from mainland China.
Poly Network Offers Hacker a Job, NFTs Support Afghan Families
Poly Network offers hacker a job. Hong Kong-based BIT Mining sees revenue surge. And an NFT fund offers care packages for displaced Afghan families. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
BIT Mining Revenue Rises $440M in Q2, Thanks to BTC.com Acquisition
Previously an online sports lottery operator, BIT Mining said it has now completed its transformation into a crypto mining and data center company.
BIT Mining Buys 2,500 More Mining Machines for Kazakhstan Data Center
The machines will expand the company's theoretical hash rate capacity by 165 PH/s.
Bit Mining Pivots Overseas, Ethereum Creator Joins ‘Stoned Cats’ Cast
China’s Bit Mining pivots to focus on overseas mining business. Korean crypto exchange Upbit accused of involvement in illegal transactions. Ethereum’s creator joins the cast of animated crypto series ‘Stoner Cats.’ We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
BIT Mining Raises $50M in Private Placement to Expand Overseas
BIT Mining's operations in China's Sichuan province were suspended last month as part of the country's crackdown on crypto.
Chinese Bitcoin Mining Company Delivers First Machines to Kazakhstan
BIT Mining expects to deliver another two batches of machines by the start of July.
