BIT Mining Limited (BTCM) Delivers First 320 Mining Machines to Kazakhstan

BIT Mining Limited (NYSE: BTCM) announced today that it had successfully delivered its first batch of mining machines to Kazakhstan. This first batch consisting of 320 mining machines with a theoretical maximum total hash rate capacity of 18.2 PH/s is expected to be deployed and in operation by June 27, 2021. A second and third batch, totaling 2,600 mining machines with a theoretical maximum total hash rate capacity of 102.3 PH/s, are expected to be delivered to Kazakhstan before July 1, 2021. In execution of its overseas deployment strategy, the Company expects to ship its remaining mining machines to overseas data centers over the coming quarters.

Mr. Xianfeng Yang, CEO of BIT Mining, commented, "We are committed to protecting the environment and lowering our carbon footprint. We have been strategically expanding our operations overseas as part of our growth strategy. Following our investments in cryptocurrency mining data centers in Texas and Kazakhstan, we are accelerating our overseas development for alternative high-quality mining resources. We believe our vision and early-mover advantage will enable us to be agile in responding to the globally evolving regulatory environment, which will ultimately contribute to our long-term growth."

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