Cryptocurrency mining company BIT Mining has released unaudited financial results for the first quarter ending March 31, 2023, with revenue of $72.9 million for the previous quarter, up nearly 20% quarter-on-quarter but down 75% year-on-year. BIT Mining mainly has four major business segments: self-mining, mining pool, data center operation and mining machine manufacturing. Among them, the revenue of the mining pool is 60 million US dollars, accounting for 82% of its total revenue. Additionally, the company mined $6.2 million in cryptocurrencies during the first quarter of 2023, most of which were litecoin (LTC) and dogecoin (DOGE).