BIT Mining Announces February 2025 Production and Operations Updates
AKRON, Ohio, March 27, 2025 /PRNewswire/ — BIT Mining Limited (NYSE:BTCM) (“BIT Mining” or “the Company” or “BTCM”), a leading technology-driven cryptocurrency mining company, today reported its monthly mining production and other operational updates for the month of February 2025.
Mining Production and Operations Updates:
- In February, BIT Mining produced a total of 42.56 Bitcoin (BTC), with 36.854 BTC generated for hosted clients and 5.708 BTC self-mined.
- The Company also produced 2,013,292.9 Dogecoin (DOGE) and 556.7 Litecoin (LTC).
- Total exahash capacity for February was 2,588PH/s.
- Average days per self-mined BTC was 4.5 days.
- Cost per BTC mined was $60,960.
CEO’s Message:
Xianfeng Yang, CEO of BIT Mining, commented, “February was a productive month for BTCM, and by leveraging our proprietary mining machines, we’re able to improve efficiency and reduce costs. Beyond Bitcoin, we continue to achieve profitability in mining Litecoin and Dogecoin, boosting our operational efficiency and diversifying our revenue streams. We are committed to maximizing shareholder value by maintaining our position at the forefront of the …
About The Author
