Another mining company decided to move its business outside of China

One of China’s largest mining companies, BIT Mining Limited, has already responded to China’s recent decision to crypto mining, as well as the industry as a whole. According to the latest information, the company has decided to move its data center to Kazakhstan. Construction of this new data center with a total value of $9.35 million will soon begin.

Due to the hostile attitude of the Chinese government towards cryptocurrencies, this is another large company that has decided to leave this country. The fact that BIT Mining Limited is not a small company is also evidenced by the fact that it is listed on the NYSE (New York Stock Exchange). The company currently owns, among other things, the domain and operates up to three hydroelectric crypto-data centers with a total power capacity of up to 435 MW.