BIT Mining Extends LTC and DOGE Merge-Mining: Increasing Profits

  • Maxim Hash
  • 10 December, 2024 08:14
BIT Mining Extends LTC and DOGE Merge-Mining: Increasing Profits

BIT Mining announced its continued LTC/DOGE merge-mining strategy, enabling simultaneous extraction of both cryptocurrencies without raising energy consumption. According to the firm, this approach boosts overall revenue by 5–7%, equating to about $500 тыс in additional quarterly income.

The LTC/DOGE hash rate remains stable, ensuring predictable production rates. BIT Mining experts highlight that this method mitigates risks tied to individual asset volatility and diversifies income streams. Investors welcome the strategy, as it maximizes returns without increasing costs.

In essence, merge-mining strengthens BIT Mining’s position, making the business more resilient and attractive to partners, while providing extra value for shareholders.

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