BIT Mining reports higher profitability from mining Dogecoin and Litecoin compared to Bitcoin, due to Bitcoin's halving event reducing rewards. The company benefits from merged mining, which offers double rewards. Dogecoin's value increase is partly due to Elon Musk's support.

DOGE

BIT Mining, a publicly listed firm, finds mining Dogecoin and Litecoin more profitable than Bitcoin due to the halving reducing BTC rewards. Merged mining of Dogecoin and Litecoin provides double rewards, with Dogecoin's surge attributed to Elon Musk's endorsement.

BIT Mining has profited more from mining Dogecoin and Litecoin than from Bitcoin.