BTCM Profile
BIT Mining Limited functions as a prominent player in the cryptocurrency mining sector, leveraging advanced technologies and strategic operations across multiple segments. Originally founded in 2001 and headquartered in Hong Kong, the company underwent a transformative rebranding from 500.com Limited to BIT Mining Limited in April 2021, signaling its focused expansion into digital asset mining and related services.
The core operations of BIT Mining Limited encompass three distinct segments: Mining Pool, Data Center, and Cryptocurrency Mining. The company operates a state-of-the-art cryptocurrency mining data center located in Ohio, boasting a robust power capacity of 150 megawatts. This facility serves as a pivotal hub for BIT Mining Limited's extensive operations, housing cutting-edge infrastructure and technology essential for efficient cryptocurrency mining.
In addition to its formidable data center capabilities, BIT Mining Limited oversees a thriving mining pool business. This segment includes the acquisition, deployment, and operation of bitcoin mining machines, underscoring the company's commitment to maximizing operational efficiency and maintaining competitiveness in the dynamic cryptocurrency landscape. BIT Mining Limited also manages the BTC.com domain name and cryptocurrency wallet, further enhancing its comprehensive suite of digital asset management solutions.
Headquartered in Hong Kong, a global financial hub renowned for innovation and technological advancement, BIT Mining Limited benefits from a strategic location conducive to international business operations and regulatory compliance. The company's strategic initiatives and technological investments position it at the forefront of cryptocurrency mining, driving sustainable growth and reinforcing its role as a leading provider of digital asset mining solutions worldwide.
|
