May 25, 2021 | Posted by MadalineDunn
BIT Mining Limited, has announced that it has joined forces with a Kazakhstan-based firm in a binding investment sheet, to invest in a cryptocurrency mining data center in Kazakhstan.
The company is investing $9.33 million to construct the facility, which will have an expected 100MW of capacity.
The company based in Shenzhen, will hold 80% equity interest in the center, meanwhile the Local Partner will hold 20%.
