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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...
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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

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