{"id":58060,"date":"2022-02-18T13:36:45","date_gmt":"2022-02-18T11:36:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58060"},"modified":"2025-09-04T14:50:02","modified_gmt":"2025-09-04T11:50:02","slug":"bit-mining-limited-abandons-plans-to-build-a-data-centre-in-kazakhstan","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bit-mining-limited-abandons-plans-to-build-a-data-centre-in-kazakhstan\/","title":{"rendered":"BIT Mining Limited abandons plans to build a data centre in Kazakhstan"},"content":{"rendered":"<p>BIT Mining Limited, a mining company, has abandoned plans to build a data centre for cryptocurrency mining in Kazakhstan due to power-supply issues in the country. This is stated in the company&#8217;s <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1517496\/000110465922024504\/tm227043d1_ex99-1.htm\">documents<\/a>.<\/p>\n<p>The equipment the company has placed at other sites in the country will continue to operate there.<\/p>\n<p>In Kazakhstan, BIT Mining Limited operates Bitcoin miners with a combined hashrate of 292.7 PH\/s.<\/p>\n<p>The report also states that its revenue for the fourth quarter of 2021 was $495.8 million.<\/p>\n<p>In May last year BIT Mining Limited announced <a href=\"https:\/\/forklog.com\/en\/news\/bit-mining-limited-to-invest-over-9-million-in-mining-centre-in-kazakhstan\">to invest more than $9 million<\/a> in a data centre in Kazakhstan. In June, the company reported the <a href=\"https:\/\/forklog.com\/en\/news\/bit-mining-limited-reports-first-shipment-of-320-miners-to-kazakhstan\">delivery of 320 miners<\/a> to the country.<\/p>\n<p>At the same time, conditions for miners in Kazakhstan began to change. Due to electricity shortages, they <a href=\"https:\/\/forklog.com\/en\/news\/miners-in-kazakhstan-cut-off-from-electricity-until-february\">started restricting shipments<\/a>, prompting the business to seek other jurisdictions to host their equipment.<\/p>\n<p>More on the mining situation in the country can be read in ForkLog&#8217;s exclusive:<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BIT Mining Limited has abandoned plans to build a data centre for cryptocurrency mining in Kazakhstan due to power-supply problems in the country, according to the company\\&#8217;s documents.<\/p>\n","protected":false},"author":1,"featured_media":58061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1713,1137,153],"class_list":["post-58060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bit-mining-limited","tag-cryptocurrency-mining","tag-kazakhstan"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=58060"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58060\/revisions"}],"predecessor-version":[{"id":58062,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58060\/revisions\/58062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/58061"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=58060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=58060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=58060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}