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Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan
11.7.2025
Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift. Bit Mining Allocates Up to $300M for Solana Integration The NYSE-listed cryptocurrency...
Solana Gets Institutional Boost as BIT Mining Allocates Up to $300M
10.7.2025
SOL, the native cryptocurrency of the Solana ecosystem, shows a 0.9% surge during Thursday’s U.S. market session. It…
Bit Mining surges 350% on pivot to Solana, plans $300M token treasury
10.7.2025
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem
Bit Mining surges 350% on pivot to Solana, plans $300M token treasury
10.7.2025
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem
Bit Mining surges 350% on pivot to Solana, plans $300M token treasury
10.7.2025
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem
Bit Mining surges 350% on pivot to Solana, plans $300M token treasury
10.7.2025
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem
Bit Mining surges 350% on pivot to Solana, plans $300M token treasury
10.7.2025
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem
Bit Mining surges 350% on pivot to Solana, plans $300M token treasury
10.7.2025
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem
BIT Mining Surges 250% on Solana Pivot
10.7.2025
The company said it wants to "capture emerging opportunities across the broader blockchain" industry and attract investors seeking exposure to Solana
How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines
7.1.2025
BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio
Bitcoin ASIC maker Bitmain expands production line into US
10.12.2024
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks
Bitcoin ASIC maker Bitmain expands production line into US
10.12.2024
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks
Dogecoin Mining Turns Out 3 Times More Profitable for This Bitcoin Miner
5.12.2024
BIT Mining has made a whopping $100 million worth of DOGE on its Dogecoin mining operations, per a release
BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin
5.12.2024
BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021
BIT Mining Acquires Ethiopian Data Centers and Mining Machines
5.12.2024
BIT Mining (NYSE: BTCM) has agreed to acquire 51-megawatt crypto mining data centers and 17,869 bitcoin mining machines in Ethiopia for $14.28 million. The consideration comprises a cash payment of $2.265 million and the issuance of Class A ordinary shares of the Company with a par value...
SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption
20.11.2024
A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities...
BIT Mining to Pay $10M Penalty Over Bribery Allegations by SEC
19.11.2024
Crypto mining firm BIT Mining has agreed to pay a $10 million penalty to the U.S. Department of…
BIT Mining to pay $10M fine for bribing Japanese politicians in former life
19.11.2024
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019
Bit Mining Sells Btc.com’s Mining Operations for $5 Million
30.12.2023
On Friday, Bit Mining Limited declared it had sold the mining pool operations of Btc.com to a Hong Kong limited liability company for $5 million. This transaction is anticipated to bolster the total equity of Bit Mining’s shareholders, contingent upon certain concluding conditions. BTCM...
Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack
27.12.2022
A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of digital assets belonging to the pool and its clients worth a combined total of $3 million. Chinese Authorities Launch...