Bit Mining purchased 2500 new Bitcoin mining machines for $6.6 million

Bit Mining purchased 2500 new Bitcoin mining machines for $6.6 million

2021/7/29

The crypto mining company listed on the New York Stock Exchange today announced that it had signed a final purchase agreement to acquire 2,500 new Bitcoin mining machines for a total price of approximately 6.6 million U.S. dollars. After deployment, the company expects that its theoretical maximum total computing power will increase by about 165PH/s. The purchased machine is expected to be shipped within one week. In addition to adding bitcoin mining machines, the company continues to promote its overseas development strategy. Recent highlights include 1. The Kazakhstan data center deploys 3,819 bitcoin mining machines with a total computing power of 172PH/s; 2. Another 4033 bitcoin mining machines with a total computing power of 121PH/s have been shipped to the Kazakhstan data center for deployment; 3. The company develops an Ethereum mining business outside of mainland China, deploying a computing power of 86.4GH/s; 4. It is expected to add 4713.6GH/s computing power in late October 2021. Bit Mining stated that it is monitoring the current status of the cryptocurrency mining machine market and will Choose an opportunity to consider the acquisition of cost-effective mining machines. Looking to the future, the company intends to expand its business scale further, increase the theoretical maximum computing power, and consolidate its market position.


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