Bit mining to expand its fleet of bitcoin mining machines

Hong kong, july 28, 2021 /prnewswire/ -- bit mining limited (nyse: btcm) ("bit mining" or the "company"), a leading cryptocurrency mining enterprise, today announced that it has entered into a definitive purchase agreement (the "purchase agreement") to acquire 2,500 new bitcoin mining machines ("the acquired machines") for a total consideration of approximately us$6.6 million. when deployed, the company expects the acquired machines to increase its theoretical maximum total hash rate capacity by approximately 165 peta hashes per second (ph/s).
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