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Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors

Bit Mining Secures .3 Million Registered Direct Offering From Institutional InvestorsBit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and invest in new mining machines. Bit Mining to Use Fresh Capital for Expansion, Mining Rigs, and Improving the Firm’s […]

6 things the US needs to stay competitive in crypto, according to execs

Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas

Chinese Firm Invests  Million in ‘Cryptocurrency Mining Data Center’ in TexasOn Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2 MW mining facility powered by 85% […]

6 things the US needs to stay competitive in crypto, according to execs