Bit Mining announces production and operations updates in February 2025 – NYSE: BTCM)
Ocron, Ohiofor March 27, 2025 / PRNEWSWIRE/ – Bit Mining Limited BTCM (“Bit”, “The Company” or “BTCM”), which is a leading technology -based company Coded Mining Company, I reported today about the production of monthly mining and other operating updates for a month February 2025.
Production updates and mining operations:
- In February, the mining produced a total of 42.56 Bitcoin (BTC), with 36.854 BTC created for host customers and 5.708 BTC self -aid.
- The company also produced 2013,292.9 Dokwin ((Dodge) And 556.7 Litecoin (LTC).
- The total ability of Exhash for February 2,588PH/S.
- The average days of each BTC were self -4.5 days.
- The cost of each BTC was canceled 60,960 dollars.
CEO’s message:
Xanfeng yangBit Mining CEO, commented, “February was a fruitful month for BTCM, and by taking advantage of our mining machines, we can improve efficiency and reduce costs. BitcoinWe continue to achieve profitability in mining Litecoin and DokwinEnhance our operational efficiency and diversify our revenue flows. We are committed to increasing the value of the shareholders to the maximum by maintaining our site at the forefront of the scene of the mining of advanced digital assets while continuing to expand our scope Bitcoin Operations.
Infrastructure update:
After successful completion of the first stage of Ethiopia The data center acquires in late 2024, the company is on the right track for its full completion in the coming weeks. Once you are completed, the new site is expected to boost the company’s operational results.
About mining bit
Mining bit BTCM She is a pioneer in technology Coded Mining company with operations in Coded Mining, operate the data center and manufacture the mining machine. The company creates a long -term value strategy throughout the industry with Coded Environmental system. The company also focuses on its cost -saving data centers that enhance its profit with the fixed cash flow, and the company also enhances the market flexibility through the benefit Coded Pricing. The company also has BTC 7 nm chips and has strong capabilities in the development of LTC/Dodge Mines and miners.
Topical data
This press statement contains aspecting data in the meaning intended in Article 21e of the Securities Exchange Act 1934, as it was amended, and as it is specified in the Law of Law in the United States for the year 1995. “These aspecting data can be determined”, “plans”, “plans”, “estimated”, “estimated”, “estimated”, “estimated”, “estimated”, “indicates”, “expectations” and data Similar. The search data in front of this press statement, to name a few, include data on the future development of Coded Mining industry, especially Litecoin and DokwinAnd from the company itself. Such data depends on the current expectations of management, market conditions and current operation, and are related to events that involve known or unknown risks, uncertainty and other factors, all of which are difficult to predict and many of them outside the company’s control, which may cause the actual results of the company, performance or achievements that differ materially from aspective statements. Important factors that can cause actual mining results in the field of mining materially include that of those referred to in the aspiration data, to name a few, that is, a negative change in business and financial performance of the company or a scene Coded Mining industry. More information related to these and other risks, uncertainty or factors are included in the company’s files with the US Securities and Exchange Committee. The company is not committed to any obligation to update any aspect of a request as a result of new information, future events, or otherwise, except for what is required under the law.
Media communication
bitmining@mgroupsc.com
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