Bitcoin (BTC) mining company BIT Mining plans to invest $12.14 million to develop an 85-megawatt crypto mining center in Ohio. As the company that owns the entire mining pool business operated under BTC.com, BIT Mining set up a joint venture agreement with Viking Data Centers to establish the Bitcoin mining facility. As part of the JV agreement, BIT Mining will pay $10.84 million in cash to Viking Data with the remaining sum to be settled in cash or company stock.