Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jan / 01
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- BIT Mining expands with new operations in Ethiopia
- Jan 01, 1970 at 08:00 am crypto.news
- BIT Mining, a publicly traded cryptocurrency mining company, has expanded its operations in Ethiopia, acquiring data centers and Bitcoin mining equipment worth up to $14.2 million. As part of a multi-phase acquisition strategy, BIT Mining has secured 51 megawatts of data centers and 17,869 Bitcoin mining machines. The company plans to merge-mine Litecoin and Dogecoin alongside Bitcoin, citing increased profitability. The expansion is expected to be fully operational in Q1 or Q2 2025.
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- BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin
- Jan 01, 1970 at 08:00 am Cointelegraph
- BIT Mining, a company specializing in cryptocurrency mining, has recently shifted its focus from solely mining Bitcoin to include Dogecoin and Litecoin, a move that has resulted in substantial profit growth. As of November 27th, BIT Mining has mined 227,908,250.38 DOGE, valued at $94.8 million, and 84,485.42 LTC, worth $10.7 million. This diversification has been attributed to market factors, including the influence of Elon Musk and changing regulatory landscapes in the US.
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