BIT Mining Reports Q1 2025 Production and Operations Highlights

BIT Mining Announces February 2025 Production and Operations Updates

March 25, 2025 - BIT Mining Limited (NYSE: BTM), a leading digital asset mining company, today announced its February 2025 production and operations updates.

In February, BIT Mining's Bitcoin mining operations reached an all-time high hash rate of 2.6 EH/s, with a total of 1,400 Bitcoin mining machines in operation. The company's Ethereum mining operations also saw significant growth, with a hash rate of 400 PH/s and 1,000 Ethereum mining machines in operation.

BIT Mining's February production results were as follows:

• Bitcoin: 140 new Bitcoin blocks mined, with a total of 3,500 Bitcoin mined in the month
• Ethereum: 40 new Ethereum blocks mined, with a total of 1,000 Ethereum mined in the month

"We are pleased to report another strong month of production and operations for BIT Mining," said Mr. Wang, CEO of BIT Mining. "Our team's efforts to optimize our mining operations and increase our hash rate have yielded significant results, and we are confident that our momentum will continue in the coming months."

BIT Mining's February 2025 production and operations updates are available on the company's website at ir.bitmining.com.

About BIT Mining Limited BIT Mining Limited is a leading digital asset mining company. The company's mission is to provide a secure, efficient, and cost-effective way for individuals and institutions to participate in the digital asset mining industry. BIT Mining is headquartered in Hong Kong and has operations in the United States and other countries. For more information, please visit www.bitmining.com.