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BIT Mining Suspends Mining Farms In China, Delivered 320 Bitcoin Mining Machines To Kazakhstan

Mary Liu

Summary: BIT Mining (formerly 500.com, NYSE: BTCM) announced that it has successfully shipped its first batch of 320 Bitcoin mining machines to Kazakhstan. The second and third batches total 2,600 mining machines, expected to arrive on July 1.  Hit by China's regulatory policies, the company has suspended its mining farm in Sichuan Province, China from June ...

BIT Mining (formerly 500.com, NYSE: BTCM) announced that it has successfully shipped its first batch of 320 Bitcoin mining machines to Kazakhstan. The second and third batches total 2,600 mining machines, expected to arrive on July 1. 

Hit by China's regulatory policies, the company has suspended its mining farm in Sichuan Province, China from June 19, and expects to ship its remaining mining machines overseas in the next few quarters.

By Mary Liu

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