SOLAI Limited owns 95% of Alpha Data Center Plc, the company that holds this bitcoin mining data center in Ethiopia. SOLAI, then named BIT Mining, bought the data center and 17,869 bitcoin mining machines in two phases in 2024 and 2025. The deal was worth about $14.3 million in cash and shares.
The site hosts bitcoin mining machines and earns service fees for SOLAI. The company changed its name from BIT Mining to SOLAI Limited in October 2025.
Site History
- May 2026: SOLAI reported that the Ethiopia site was operating and earning fees in the first quarter of 2026.
- December 2025: SOLAI dropped the site's unbuilt expansion and raised its stake in Alpha Data Center to 95%.
- October 2025: BIT Mining changed its name to SOLAI Limited, effective October 20.
- July 2025: BIT Mining completed the second phase of the purchase and took over the remaining data centers.
- December 2024: BIT Mining agreed to buy the Ethiopia data centers and mining machines, and completed the first phase that month.