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BIT Mining Acquires 2,500 Additional Bitcoin Mining Machines

china clamps down crypto mining

BIT Mining Limited has just disclosed its additional purchase of 2,500 new bitcoin mining machines for a total of roughly $6.6 million.

The company estimated that the new machines would increase its maximum total hash rate capacity by approximately 165 PH/s once they are deployed.

The mining machines are expected to be delivered in a week from today. Following the arrival of the machines, they will be shipped to Kazakhstan for deployment.

Besides purchasing new bitcoin mining machines, the company has continued with the advancement of its overseas development plan. Recent highlights are as follows:

  • 3,819 bitcoin mining machines have been deployed at data centers in Kazakhstan.
  • 4,033 bitcoin mining machines are currently being shipped to data centers in Kazakhstan.
  • Ethereum mining operations outside of China have commenced.

BIT Mining is keeping an eye on the current conditions in the market for crypto mining machines. Should the opportunity arise, the company will consider acquiring cost-efficient mining machines.

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SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.

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