BIT Mining Announces March 2025 Production and Operations Updates
Posted On April 10, 2025
AKRON, Ohio, April 10, 2025 /PRNewswire/ — BIT Mining Limited (NYSE:BTCM) (“BIT Mining” or the “Company”), a leading technology-driven cryptocurrency mining company, today released its monthly mining production and operational updates for March 2025.
Mining Production and Operations Highlights:
- In March, BIT Mining produced a total of 41.55 Bitcoin (BTC), consisting of 34.96 BTC for hosted clients and 6.59 BTC self-mined.
- The Company also mined approximately 2,383,708 Dogecoin (DOGE) and 651.6 Litecoin (LTC).
- The average time required to mine one self-mined BTC was 5.2 days.
- The cost per BTC mined was approximately $65,831.
Infrastructure Update:
BIT Mining continues to expand its international mining footprint across Ohio and Ethiopia, with a focus on building scalable and clean-energy-powered infrastructure.
- In Ohio, the Company maintains active operations with a power capacity of 82.5 MW, supporting both hosted clients and self-mining.
- In Ethiopia, BIT Mining is progressing with the buildout of its newly acquired crypto mining site. As of March:
- Ongoing construction on the remaining 16 MW is expected to bring total site capacity to 51 MW by May 2025.
- The first batch of 8,458 air-shipped machines has cleared customs and arrived at the site, ready to …