BIT Mining reports February 2025 production and operations update

BIT Mining (BTCM) reported its monthly mining production and other operational updates for the month of February 2025. In February, BIT Mining produced a total of 42.56 Bitcoin, with 36.854 BTC generated for hosted clients and 5.708 BTC self-mined. The company also produced 2,013,292.9 Dogecoin – DOGE – and 556.7 Litecoin – LTC -. Total exahash capacity for February was 2,588PH/s. Average days per self-mined BTC was 4.5 days. Cost per BTC mined was $60,960. Following the completion of phase one of the Ethiopia data center acquisition in late 2024, the company is on track for full completion in the coming weeks.