Bitzero raises $25 million to expand mining operations, purchasing 2,900 mining machines

Hashi Chain has reported that the cryptocurrency mining company Bitzero, supported by Kevin O'Leary, recently raised $25 million to expand its mining operations. The company stated that the initial funds will be used to purchase 2,900 Bitmain S21 Pro mining machines, which are expected to be deployed within four to six months, generating approximately $10 million in new revenue for the company each year. At the same time, Bitzero is committed to using hydroelectric and low-carbon energy to promote sustainable development in its data centers in North America and Europe. Mohammed Bakhashwain, President and CEO of the company, stated that this financing will accelerate the deployment of leading mining technologies and further solidify Bitzero's leadership position in the sustainable and profitable data center sector.