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.
Jul 28, 2021 at 12:05 p.m. UTCUpdated Aug 21, 2021 at 6:29 p.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/UMWDMH5DNRFZ5AEAZJL54VKYLI.jpg)
Chinese bitcoin miner BIT Mining bought another 2,500 machines for deployment to its data center in Kazakhstan for about $6.6 million.
- The machines will expand the company's theoretical hash rate capacity by 165 PH/s, BIT Mining announced Wednesday.
- Delivery is expected in a week's time, following which the machines will be shipped to Kazakhstan, where 3,819 have already been deployed, the announcement said.
- BIT Mining dispatched its first consignment of mining machines to the central Asian country in June, saying at the time that it expected to deliver another 2,600 before the start of July.
- The central Asian country is one of the preferred destinations for mining firms migrating from China following the crackdown on the industry there.
- BIT Mining also made a $25 million investment in May to build a mining facility in Texas.
13:18
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
05:10
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
04:07
The first video of the year 2024
40:07
The last regression video of the year 3.67.0
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)