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BIT Mining and Chain Reaction Form Collaboration for Bitcoin Hashing Systems

PR Newswire - Fri May 19, 2023 Columnist Contributor Content Press Release Sponsored Content

BIT Mining is Designing Systems for Next-Generation of Miners Based on Chain Reaction's Cutting-Edge EL3CTRUM ASICs

AKRON, Ohio, May 19, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE:BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it has entered into a collaboration with Chain Reaction, a semiconductor company focused on disruptive blockchain and privacy hardware, to produce next-generation systems for bitcoin mining. The systems, expected to launch later this year, will be based on Chain Reaction's EL3CTRUM ASIC solution.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
BTCM 1.90 -0.11 -5.47%
Bit Mining Ltd
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