BIT Mining delivers 320 mining machines to Kazakhstan

BIT Mining Limited (BTCM) had successfully delivered its first batch of mining machines to Kazakhstan consisting of 320 mining machines with a theoretical maximum total hash rate capacity of 18.2 PH/s, which is expected to be deployed and in operation by June 27, 2021.A second and third batch, totaling 2,600 mining machines with a theoretical maximum total hash rate capacity of 102.3 PH/s, are expected to be delivered to Kazakhstan before July 1, 2021. On June 19, the company's indirectly held subsidiary, Ganzi Changhe Hydropower Consumption Service's Data Center has suspended its operations after receiving notice for power suspension from State Grid Sichuan Ganzi Electric Power Co., Ltd.Data centers in Sichuan, including the Ganzi Changhe Data Center, contributed ~3% of the company's total revenues in the month of May 2021.BTCM is down 14% as China's crackdown on cryptocurrency mining has extended to Sichuan, where authorities ordered cryptocurrency mining projects closed in the major mining centre.Bitcoin