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Tag: 500.com

BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin

December 5, 2024 wp-bot Cointelegraph

BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021.

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BIT Mining to pay $10M fine for bribing Japanese politicians in former life

November 19, 2024 wp-bot Cointelegraph

BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019.

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Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas

May 20, 2021 wp-bot Bitcoin News

On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center

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Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million

April 7, 2021 wp-bot Bitcoin News

Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing.

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Blockchain
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