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Nalezeno "bit mining": 35

Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan


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...

BIT Mining Surges 250% on Solana Pivot


The company said it wants to "capture emerging opportunities across the broader blockchain" industry and attract investors seeking exposure to Solana

BIT Mining Acquires Ethiopian Data Centers and Mining Machines


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


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 Sells Btc.com’s Mining Operations for $5 Million 


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


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...

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