{"id":19376,"date":"2025-03-27T13:34:04","date_gmt":"2025-03-27T13:34:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19376"},"modified":"2025-03-27T13:34:04","modified_gmt":"2025-03-27T13:34:04","slug":"bit-mining-announces-february-2025-production-and-operations-updates","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19376","title":{"rendered":"BIT Mining Announces February 2025 Production and Operations Updates"},"content":{"rendered":"<div>\n<p xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\"><span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" class=\"legendSpanClass\"><span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" class=\"xn-location\">AKRON, Ohio<\/span><\/span>, <span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" class=\"legendSpanClass\"><span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" class=\"xn-chron\">March 27, 2025<\/span><\/span> \/PRNewswire\/ &#8212; BIT Mining Limited (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BTCM#NYSE\" rel=\"nofollow\">BTCM<\/a>) (&#8220;BIT Mining&#8221; or &#8220;the Company&#8221; or &#8220;BTCM&#8221;), a leading technology-driven <span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">cryptocurrency<\/span> mining company, today reported its monthly mining production and other operational updates for the month of <span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" class=\"xn-chron\">February 2025<\/span>.<\/p>\n<p xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\"><b xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Mining Production and Operations Updates<\/b><b xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">:<\/b>\u00a0<\/p>\n<ul xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" type=\"disc\">\n<li xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">In February, BIT Mining produced a total of 42.56\u00a0<span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Bitcoin<\/span> (BTC), with 36.854 BTC generated for hosted clients and 5.708 BTC self-mined. \u00a0<\/li>\n<li xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">The Company also produced 2,013,292.9\u00a0<span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Dogecoin<\/span> (<span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">DOGE<\/span>) and 556.7 <span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Litecoin<\/span> (LTC).<\/li>\n<li xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Total\u00a0exahash capacity for February was 2,588PH\/s.<\/li>\n<li xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Average days per self-mined\u00a0BTC was 4.5 days.<\/li>\n<li xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Cost per\u00a0BTC mined was <span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" class=\"xn-money\">$60,960<\/span>.<\/li>\n<\/ul>\n<p xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\"><b xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">CEO&#8217;s Message: <\/b><\/p>\n<p xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\"><span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" class=\"xn-person\">Xianfeng Yang<\/span>, CEO of BIT Mining, commented, &#8220;February was a productive month for BTCM, and by leveraging our proprietary mining machines, we&#8217;re able to improve efficiency and reduce costs. Beyond <span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Bitcoin<\/span>, we continue to achieve profitability in mining <span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Litecoin<\/span> and <span xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\">Dogecoin<\/span>, 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 &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/pressreleases\/25\/03\/n44514078\/bit-mining-announces-february-2025-production-and-operations-updates\" alt=\"BIT\" mining announces february production and operations updates>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>AKRON, Ohio, March 27, 2025 \/PRNewswire\/ &#8212; BIT Mining Limited (NYSE:BTCM) (&#8220;BIT Mining&#8221; or &#8220;the Company&#8221; or &#8220;BTCM&#8221;), 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:\u00a0 In February, BIT Mining produced a total of 42.56\u00a0Bitcoin (BTC), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19376","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19376"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19376\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}