The Digital Source For China's Tech Innovation Since 2000

Search
Close

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...
Go To Original Source →
Tags: 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

Other Related News:

Chinese Watchdog Says Alibaba, Tencent Have Submitted App Algorithm

August 15, 2022

Tesla Makes 3 Million Vehicles, Gigafactory Shanghai Tops 1 Million

August 15, 2022

A look at livestreamed e-commerce, already popular in China, which TikTok, YouTube, Instagram, Amazon, and others… News

August 15, 2022

Taiwan Tech Weekly Buoyed by Apple Outlook

August 15, 2022

US lawmakers travel to Taiwan to discuss reducing tensions, investments in semiconductors

August 15, 2022

At least 300 TikTok employees worked for Chinese state media: report

August 15, 2022

Chinese gamers diminish following regulations, but a rebound is nigh

August 15, 2022

Analysis reveals close connection between TikTok and Chinese media

August 15, 2022

Tesla has built 3 million vehicles, a third of those in China, Elon Musk says

August 15, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....