BIT Mining Limited

According to a recent press release, major bitcoin mining firm BIT Mining Limited has entered a binding investment term sheet with Dory Creek LLC, a subsidiary of cloud mining service Bitdeer, to invest $25.74 million and jointly construct and operate a mining data center in Texas.

The total power capacity of the center is expected to be 57.2 megawatts, with more than 85% of this generated by clean and low-carbon energy.

BIT Mining has a total bitcoin mining hash rate capacity of over 1,031 petahashes per second. Its BTC.com mining pool currently contributes about 14.79 exahashes per second, or 9.85% of the total network hash rate. It also operates three hydroelectric cryptocurrency data centers and positioned the plans in Texas as a compliment to its mission to leverage only clean energy.

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