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BUSINESS

BIT Mining And Chain Reaction Partner To Create New Bitcoin Mining Systems

BtcCasey -
The partnership will leverage Chain Reaction’s ASIC announced at Bitcoin 2023 to further develop systems for miners.
BUSINESS

Once A Promised Land For Bitcoin Miners, Kazakhstan Is Shifting The Regulatory Crosswinds

Zack Voell -
Following a ban on Bitcoin mining in China, many operations fled to neighboring Kazakhstan. Now, changing regulations raise questions about their future.
BUSINESS

BIT Raises $50 Million To Help Bitcoin Mining Expansion Out Of China

Namcios -
BIT Mining announced a raise of around $50 million for the company to expand and move its operations out of China.
BUSINESS

Barred From China, BIT Mining Has Started Moving Bitcoin Mining Operations To Kazakhstan

Namcios -
Following power cuts to its bitcoin mining operations in China, BIT Mining is moving rigs to Kazakhstan.
BUSINESS

Bitcoin Mining Firm BIT To Invest $25 Million In Texas Data Center

Ahyke Otutubuike -
China’s BIT Mining Limited, a major bitcoin mining firm, has invested $25 million to build a data center in Texas.
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