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3232Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas
https://www.digit.info/chinese-firm-invests-25-million-in-cryptocurrency-mining-data-center-in-texas/
Thu, 20 May 2021 23:30:58 +0000https://www.digit.info/2021/05/20/chinese-firm-invests-25-million-in-cryptocurrency-mining-data-center-in-texas/Read more]]>On 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% […]
]]>Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
https://www.digit.info/chinese-lottery-firm-rebrands-purchases-bitcoin-mining-rig-manufacturer-for-100-million/
Wed, 07 Apr 2021 23:30:51 +0000https://www.digit.info/2021/04/07/chinese-lottery-firm-rebrands-purchases-bitcoin-mining-rig-manufacturer-for-100-million/Read more]]>Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement. 500.com Changes Name to Bit Mining Limited and Acquires Bee Computing […]
On 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% […]
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement. 500.com Changes Name to Bit Mining Limited and Acquires Bee Computing […]