The mining company BIT Mining Limited, listed on the New York Stock Exchange, said it had successfully delivered the first batch of cryptocurrency mining equipment to Kazakhstan.<\/p>\n
According to a press release, 320 devices, expected to provide a hashrate of 18.2 PH\/s, will be commissioned by June 27.<\/p>\n
It is expected that the second and third batches (2,600 miners) will be delivered to Kazakhstan by July 1.<\/p>\n
BIT Mining Limited stressed that it is accelerating the development of its business in overseas jurisdictions.<\/p>\n
On June 19, the Ganzi Changhe data center, a subsidiary of the company located in Sichuan province, China, received a notice from a local power supplier to suspend power supply.<\/p>\n
In May, data centers in the region, including Ganzi Changhe, accounted for about 3% of the company’s total revenue.<\/p>\n
Earlier in Sichuan, authorities ordered the shutdown of ‘key’ miners<\/a> and prohibited energy companies from supplying electricity to them.<\/p>\n Many local crypto mining businesses have started seeking other jurisdictions amid the tightening rhetoric of Chinese authorities toward cryptocurrencies<\/a>. Among the jurisdictions under consideration by Chinese miners are Kazakhstan<\/a> and Russia<\/a>.<\/p>\n