Gaming Company The9 agrees to buy 26,000 Bitcoin to launching a Mining Machines

Traded on an open market Chinese gaming organization The9 (NCTY) reported a consent to purchase 26,007 bitcoin ASICs as a feature of its arrangement to dispatch a digital money mining activity.

The9’s auxiliary NBTC will claim and work the machines, which are required to add up to 549 petahashes every second (PH/s) of hash power.

The9 says a “dominant part” of these mining machines have just been conveyed in Xinjiang, Sichuan and Gansu.

Per a public statement, Canaan’s (CAN) previous chief, Jianping Kong, will likewise help the Shanghai-based Internet organization dispatch and keep up its digital currency mining tasks.

Insights regarding which machines and from where The9 bought them were not unveiled, yet The9 said it marked five separate reminders of comprehension (MOUs) to make sure about the machines.

The9 will give offers to pay for the new machines, yet didn’t reveal the number of offers are to be given.

Portions of the organization acquired than 18% Monday from their Friday close, presently exchanging above $13.

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