BIT Mining Limited
BIT Mining Limited, a prominent player in the cryptocurrency mining industry, is headquartered in the United States. Founded in 2020, the company has rapidly established itself as a leader in blockchain technology and digital asset mining, with significant operations in North America and Asia. Specialising in high-performance mining hardware and innovative mining solutions, BIT Mining offers unique products that enhance efficiency and profitability for cryptocurrency miners. The company has achieved notable milestones, including strategic partnerships and expansions that solidify its market position. With a commitment to advancing the cryptocurrency ecosystem, BIT Mining Limited continues to drive innovation and growth, making it a key contributor to the evolving landscape of digital currencies.
DitchCarbon Score
How does BIT Mining Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
BIT Mining Limited's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BIT Mining Limited's reported carbon emissions
In 2019, BIT Mining Limited reported significant carbon emissions, totalling approximately 1,000,000,000 kg CO2e for Scope 1 and about 40,000,000 kg CO2e for Scope 2. This data reflects the company's operational impact on the environment, with a total of around 1,040,000,000 kg CO2e emitted across both scopes. Notably, BIT Mining Limited has not disclosed any Scope 3 emissions data. Currently, BIT Mining Limited has not established any specific reduction targets or climate pledges, indicating a potential area for future commitment. The absence of Science-Based Targets Initiative (SBTi) reduction targets suggests that the company may need to enhance its climate strategy to align with industry standards. As of now, BIT Mining Limited's emissions data is not cascaded from any parent organisation, indicating that the reported figures are solely from its own operations. The company operates within a sector that is increasingly scrutinised for its environmental impact, highlighting the importance of developing robust climate commitments moving forward.
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| 2019 | |
|---|---|
| Scope 1 | 1,000,000,000 |
| Scope 2 | 40,000,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
BIT Mining Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
