Updated: 20.03.2026
Mining company BIT Mining, which recently announced expansion outside the Chinese market, plans to acquire 2500 Bitcoin-miners for developing a business in Kazakhstan.
According to statement company, the organization entered into a $6,6 million agreement to purchase 2500 Bitcoin (BTC) mining rigs. The company has already put 3 BTC miners into operation in data centers in Kazakhstan, with another 819 machines on the way. Once they are all connected, hashrate BIT Mining will increase to approximately 458 petahesh per second.
The opening of additional locations outside of China should be considered a response to government measures to suppress Bitcoin mining. Other mining companies are also looking overseas as the Asian nation’s regulatory environment becomes less favorable.
BitcoinMaximalist and Ballet CEO Bobby Lee does not exclude that the persecution of miners could be a sign of an upcoming widespread ban on cryptocurrency. Crypto exchanges have already felt the deterioration of the business climate: OKEx and Huobi are planning to dissolve their Chinese representative offices.
Legislators in Kazakhstan take these circumstances into account by starting an experiment in which local banks will have the opportunity to open accounts for transactions with cryptocurrency. A large mining company, Canaan, has also started mining BTC in Kazakhstan.
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