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Is This Chinese Firm Defying Crypto Ban With its Latest Bitcoin Mining Partnership?

October 5, 2021
Source: coingape.com coingape.com
News Snapshot:
Sino-Global Shipping America, Ltd. has announced that it will be entering a Bitcoin mining machine joint-venture with Highsharp, a blockchain technology firm. Furthermore, Sino-Global has also revealed that it will make a $10 million initial investment to fund the BTC mining rigs’ Joint Venture operations, in the upcoming month. The partnership aims to create their Bitcoin mining machine under the name, Thor. Sino-Global is Headquartered in several corners of the world, including the territory with an absolute anti-crypto regime of Mainland China. Mr. Lei Cao, Chief Executive Officer of Sino-Global, [commented] , “This is a major strategic development for Sino-Global...
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China Tech Buzz Topics: America | ban | bankruptcy | bitcoin | blockchain | boycott | BTC | China | Chinese | crackdown | crypto | development | digital | executive | finance | financial | fintech | fund | government | investment | joint venture | shipping | technology | United States | USA

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