Hello, and welcome to the Deutsche Bank depository receipts virtual investor conference for the DBVIC. I'm pleased to announce that our next presentation will be from BIT Mining Limited. Before I introduce our speaker, a few points to note. Please submit your questions in the question box below the slide. Once the presentation has ended, don't log out. You'll automatically be transferred into the BIT Mining booth where you can access additional shareholder materials. On a final note, all of today's presentations will be recorded and can be accessed via the Deutsche Bank website, adr.db.com. At this point, I'm very pleased to welcome our next presenter. She is Ellen Chiu, Senior Investor Relations Director of BIT Mining Limited, which trades on the New York Stock Exchange under the symbol BTCM. Welcome, Ellen.
Hello, everyone. My name is Ellen Chiu. I'm the IR of Bit Mining, ticker symbol BTCM, a leading technology-driven cryptocurrency mining company. We would first like to thank you all for joining us today and for your interest in Bit Mining. This is an exciting time for our company, and we are making significant progress executing our strategy and building something unique in our industry. We believe we have a great foundation to build, one with flexibility and opportunities to scale. Further, as you will see today, as we continue to expand our footprint, including our mining and data center operations and closing on the pending acquisition, we will be in a strong position for growth with multiple revenue and income streams that should be more stable regardless of market volatility.
We believe there are significant opportunities to generate meaningful returns for investors in one of the fastest-growing global industries. Our business is supported by three key segments. One, cryptocurrency mining, where we do our own self-mining. Two, data center operations. Again, self-mining, and we also provide hosting services for third-party miners. Three, mining pool, which we operate through btc.com, the world's leading blockchain service and mining pool solution. Here we provide a stable income stream for miners within the pool while collecting services fee. The fourth piece will be manufacturing, and this is the remaining piece to our vertical integration strategy. Earlier this year, we announced our intent to acquire Bee Computing, a manufacturer of Bitcoin and Ethereum miners, mining machines, and chips with some of the most advanced technology applications and products this industry has ever seen, which I will touch upon shortly.
In regard to our investment highlights, I would like to briefly walk you through three points. First, global expansion for scalability. Our global expansion plan is to establish data centers in places with high-quality mining resources. Currently, we have three data centers under construction. The first is in Ohio, with a total investment amount of approximately $23 million and a total power capacity of 150 MW. Our second is in Kazakhstan, which will involve a total power capacity of 40 MW. We're establishing our third data center in Hong Kong, which is smaller than the other two, but we plan to expand the facility in the future. Moving on to our business model, we touch all aspects of the cryptocurrency ecosystem. As mentioned earlier, our operational layout includes self-mining, data centers and mining pool.
This is done to ensure that we're not solely dependent on one single revenue stream so that the business is diversified and resilient to the cryptocurrency volatility. Having multiple revenue streams would also help us create a synergy that strengthens the company's stability and ultimately serving as a barrier to entry. Last but not least, what differentiates us from our peers is our industry expertise and know-how. We have an experienced team which built two data centers in record time, eight months. The team is well-versed in numerous mining machine brands, familiar with key machine properties, and has skills necessary to fully optimize the machine's computing power. They are also well-versed in mining machine structure, have the know-how in machine maintenance to help us reduce downtime and improve efficiency.
In addition, btc.com, the mining pool we acquired from Bitmain was a spin-off of Bitmain, a leading and prestigious cryptocurrency mining company in the industry. Therefore, we enjoy abundant resources through strong business connections and extensive experience working closely with multiple industry partners. Now let me talk a little bit about our recent acquisition, Bee Computing. Bee Computing was established in 2018 and specializes in the development and manufacture of cryptocurrency mining chips and mining machines for different cryptocurrencies, including BTC, ETH, and LTC. Bee Computing has successfully mass-produced over 15,000 units of supercomputing mining machines equipped with 7-nm E2P chip. Currently, Bee Computing is in the process of developing the three types of mining machines, including new generation of Bitcoin mining machine, Ethereum, and Litecoin mining chips and machines.
The new generation of Bitcoin mining machine will be equipped with seven-nanometer E3 chips and has a theoretical computing power of up to 110 T with a power consumption of 3300 W, which are scheduled to tape out by November this year. The progression with Ethereum mining machines currently is the completion of IC design using WoW or wafer-on-wafer techniques. This niche 3D IC packaging technology will bring its theoretical computing power of up to 2400 Megahash , which has the potential to lead the market in terms of processing ability. Lastly, development plans of Litecoin mining machines are also undertaking. The machines under development will have a computing power of 3000 M at a power consumption of 1800 W.
It has an expected mass production timeline by first half of 2022. Simply put, as a manufacturer with cutting-edge R&D capabilities, we will have more control over supply and demand, and not just access to technology, but ability to drive technology well into the future. This is an exciting development for our company and holds great promise. When the Bee Computing transaction closes and their operations are fully integrated into our business, we will, in essence, touch all points along the cryptocurrency value chain and have control over them. The synergy created from the full coverage of the cryptocurrency ecosystem will ultimately lower our self-mining costs, which creates enormous value for us and for our shareholders.
In summary, we are positioned well due to our geographical mix, diversified model, and our partnerships we have and are working to build, as well as our experience and focus on leading the industry through technology innovation. Technology is what makes the cryptocurrency industry work, and it is what will lead to our winning for years to come. Thank you very much, and please feel free to reach out to the IR team of BIT Mining if you have any questions.