Bit Mining (NYSE: BTCM) is a leading encrypted digital currency mining company, with its long-term development strategy in the entire industry chain. The company's business goes deep into the development and production of cryptocurrency mining, mining pools, mining farms, and mining machines. The company has deployed Bitcoin mining machines with a theoretical computing power of 1031.5 PH/s; it has a hydroelectric cryptocurrency mine with a total power load of 435 MW, and a mining pool business including websites operated by BTC.com. The company also signed an acquisition agreement with a 7-nanometer cryptocurrency mining machine manufacturer "Bee Computing" to further complete the in-depth integration of this vertical field, and consolidate its leading position in the industry while ensuring the company's continuous and steady growth in computing power.