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BIT Mining

Bitcoin mining equipment (CoinDesk archives)
Finance
Bit mining
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.
Bitcoin mining equipment (CoinDesk archives)
By Aoyon AshrafEliza Gkritsi
Feb 17, 2022 at 4:47 p.m. UTC
Feb 17, 2022
BIT MiningMining CentersKazakhstanEarningsMiners
Ohio Congressman: Bitcoin Poses No Threat to US Dollar
Finance
Bit mining
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.
Ohio Congressman: Bitcoin Poses No Threat to US Dollar
By Tanzeel Akhtar
Oct 18, 2021 at 12:26 p.m. UTC
Oct 18, 2021
BIT MiningFundingMiningOhio
China (Shutterstock)
Finance
Bit mining
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.
China (Shutterstock)
By Jamie Crawley
Oct 15, 2021 at 11:34 a.m. UTC
Oct 15, 2021
BIT MiningChina
Poly Network Offers Hacker a Job, NFTs Support Afghan Families
Video
Nfts
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 st...
Poly Network Offers Hacker a Job, NFTs Support Afghan Families
By CoinDesk Staff
Aug 18, 2021 at 3:58 p.m. UTC
Aug 18, 2021
NFTscdtvFM ClipHong KongDailyForkBIT MiningPoly NetworkAfghanistan
shutterstock_shutterstock_772693789
Finance
Crypto mining
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.
shutterstock_shutterstock_772693789
By Eliza Gkritsi
Aug 17, 2021 at 3:14 p.m. UTC
Aug 17, 2021
Crypto MiningBIT Mining
Crypto mining machines. (lmstockwork/Shutterstock)
Markets
Bitcoin mining
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.
Crypto mining machines. (lmstockwork/Shutterstock)
By Jamie Crawley
Jul 28, 2021 at 12:05 p.m. UTC
Jul 28, 2021
Bitcoin MiningKazakhstanBIT Mining
Bit Mining Pivots Overseas, Ethereum Creator Joins ‘Stoned Cats’ Cast
Video
Ethereum
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...
Bit Mining Pivots Overseas, Ethereum Creator Joins ‘Stoned Cats’ Cast
By CoinDesk Staff
Jul 26, 2021 at 3:06 p.m. UTC
Jul 26, 2021
EthereumChinaVitalik ButerincdtvFM ClipDailyForkSouth KoreaUpbitStoner CatsBIT Mining
shutterstock_654884275
Markets
Bitcoin mining
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.
shutterstock_654884275
By Jamie Crawley
Jul 13, 2021 at 10:47 a.m. UTC
Jul 13, 2021
Bitcoin MiningChinaBIT Mining
Mining facility
Markets
China
Chinese Bitcoin Mining Company Delivers First Machines to Kazakhstan
BIT Mining expects to deliver another two batches of machines by the start of July.
Mining facility
By Jamie Crawley
Jun 22, 2021 at 8:49 a.m. UTC
Jun 22, 2021
ChinaKazakhstanSichuanCrackdownBIT Mining