
BIT Mining (NYS: BTCM)
BIT Mining is a corporation based in Akron, Ohio. Established in 2001, it is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pools, data center operations, and mining machine manufacturing. The company has a significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with a combined power capacity of 435MW, and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7-nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making it self-sufficient while also strengthening its competitive position. The assets of the company are managed by the executive management team.