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BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin

Crypto mining company BIT Mining said its move to mine proof-of-work coins Dogecoin and Litecoin has been more profitable than mining only Bitcoin.

The company said up until Nov. 27, it had mined 227,908,250.38 DOGE, worth $94.8 million and 84,485.42 LTC, worth $10.7 million. Both cryptocurrencies have surged over the past month.

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