BTC.com loses $3M in cyber hack

BTC.com, a cryptocurrency mining pool, was the victim of a recent $3 million hack that caused a considerable loss of corporate and client assets. Attackers stole over $2.3 million in corporate assets in addition to about $700,000 in client assets on December 3. The formal statement was issued on December 26 by BIT Mining Limited, […]
BIT Mining’s new 85 MW Bitcoin mining plant to be hosted in Ohio

Bitcoin mining company BIT Mining Limited has formed a joint venture with Viking Data Centres to establish a Bitcoin mining facility in the state of Ohio. BIT Mining, a bitcoin (BTC) mining business, aims to invest $12.14 million in the development of an 85 megawatt cryptocurrency mining facility in Ohio. BTC.com is owned by BIT […]
BIT Mining expands its operations into Kazakhstan

BIT Mining, a cryptocurrency mining company aims to buy 2,500 Bitcoin miners for deployment in Kazakhstan. BIT Mining announced on Wednesday that it had agreed to buy 2,500 Bitcoin (BTC) mining equipment for $6.6 million. The company has already installed 3,819 BTC miners in Kazakhstan data centres , with another 4,033 on the way. The […]
