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China’s BIT Mining expands to Ethiopia with a $14M acquisition of a 51MW facility
BIT Mining, a Chinese Bitcoin mining company, completed a $14.28M deal with Ethiopia on December 3rd to acquire a 51-megawatt ...
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Chinese Crypto Mining Giant Taps Ethiopia’s Energy for New 51MW Facility
BIT Mining signed a $14 million deal to acquire a 51 MW Bitcoin mining facility in Ethiopia. This expansion marks the company ...
How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines
In fact, for Dr. Youwei Yang, chief economist at BIT Mining, Ethiopia’s ultra-low electricity costs provide the firm with a ...
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BIT Mining Limited (BTCM)
BIT Mining ( (BTCM) ) just unveiled an update. BIT Mining Limited has announced that its stockholders’ equity exceeds $50 million, attributed to its acquisition of crypto mining data centers and ...