BIT Mining acquires crypto mining facilities and machines in Ethiopia for $14.28 million.

BIT Mining, a cryptocurrency mining company, is acquiring 51-megawatt crypto mining data centers and 17,869 Bitcoin mining machines in Ethiopia for $14.28 million. The transaction includes a $2.265 million cash payment and $12.015 million in class A shares. The deal will be completed in two phases, with the first phase transferring a 35-megawatt data center and all machines by the end of the week.

4 months ago
4 Articles

Further Reading