SOLAI Limited (NYSE: SLAI, formerly BIT Mining and 500.com) is a leading technology-driven cryptocurrency infrastructure company focused on crypto mining, data center operations, and blockchain-based ecosystem development. The company is engaged in cryptocurrency mining activities, building and operating data centers, and expanding into related blockchain initiatives. SOLAI operates industrial-scale mining facilities and provides hosting services, with significant capacity in Ethiopia (51 MW total data center, 15.63 MW hosting, 100% hydroelectric power) and the U.S. (Ohio, 82.5 MW total, 68.56 MW hosting, using clean energy). The company has achieved over 2,082 PH/s hash rate for BTC mining through hosting operations and self-mines other cryptocurrencies like LTC, DOGE, and BEL with more than 5,552 active machines (delivering 18.94 TH/s, approximately 1.32% of the global LTC/DOGE/BEL network). SOLAI has also produced self-developed miners (nearly 8,000 DOGE/LTC/BEL miners in 2023 and an ETC miner in 2022) and is expanding into the Solana ecosystem (holding over 44,000 SOL with 6-10% annual staking rewards and operating a validator node). The company recently launched DOLAI, a compliant, institutional-grade U.S. dollar-backed stablecoin in collaboration with Brale Inc., integrated with AI agents and multi-chain functionality. SOLAI emphasizes clean energy utilization (hydroelectric in Ethiopia, clean energy in Ohio), ESG principles, and building a diversified blockchain ecosystem. With a global presence and focus on mining, data centers, and blockchain innovation, SOLAI is positioned as a major player in cryptocurrency infrastructure. As of early 2026, SOLAI Limited is active with ongoing crypto mining (BTC hosting/self-mining), data center operations (133.5 MW total across sites), stablecoin development (DOLAI), and Solana ecosystem
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




February 27, 2026 Bitcoin mining roundup: Network hashrate rebounds to 1.12–1.15 ZH/s amid new ASICs and expansions; Bitfarms confirms full pivot to AI/HPC by 2027; Bitdeer sells entire BTC treasury to fund AI growth; IREN records high production; Hut 8 secures $200M loan; Cipher emphasizes HPC shift; Soluna expands hosting; and more.

