The Digital Source For China's Tech Innovation Since 2000

Search
Close

Chinese Crypto Miner The9 Expands in U.S. With Compute North Deal

November 13, 2021
Source: coindesk.com coindesk.com
News Snapshot:
The9 has signed a 32 megawatt (MW) mining capacity deal with Compute North to deploy 10,000 miners in the U.S. - The company also plans to add 14,000 miners with other hosting partners in countries including Canada, starting in December. - With all 24,000 miners online, the company expects to have a hash rate of 2,160 petahash per second (PH/s). - The move is the latest in the [“great migration” of China-based crypto mining companies] moving into other regions, particularly North America. - On Oct. 19, Singapore-based miner [Atlas Mining signed a 100-megawatt deal] with Compute North to expand its...
Go To Original Source →
Tags: America | bitcoin | blockchain | Canada | China | Chinese | crypto | cryptocurrency | currency | digital | fintech | media | news | North America | online | outlet | Singapore | standards | subsidiary | The9 | U.S. | United States | USA

Other Related News:

Al Gore's eco-friendly investment firm owns shares in polluting companies: report

February 21, 2023

“Elvis Deserved Better”: Despite Not Being a Fan, Tom Hanks Special Taken to the Cleaners By Mourning Kareem Abdul-Jabbar

February 21, 2023

Hong Kong opens doors to retail investors for trading large crypto tokens

February 21, 2023

Miners help lift FTSE 100 in otherwise ‘subdued’ investor mood

February 21, 2023

2 stellar ASX 200 growth shares to buy now: analysts

February 21, 2023

Inside secret mission to get Biden to Kyiv under the noses of the world from 'Red Phone' call to Moscow to news blackout

February 21, 2023

OnePlus’s foldable might be a proper surprise

February 20, 2023

China Renaissance Holdings shares fall as bank seeks to reassure over missing CEO

February 20, 2023

Juan Williams: Cult of Trump has replaced Reagan’s three pillars of Republican Party

February 20, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter