Ebang International (EBON) to Launch Bitcoin Mining Business
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Ebang International to Launch Bitcoin Mining Business
February 17, 2021 8:30 AM ESTHANGZHOU, China, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the Company, we or our), a blockchain technology company in the global market, today held a board meeting and passed a resolution (the Resolution) to launch Bitcoin mining business. According to the Resolution, the Company plans to operate its Bitcoin mining business by adopting a combination of deploying self-manufactured mining machines and mining machines purchased from other manufacturers as well as leasing computing powers from other mining farms. At the same time, the Company also expects to invest in data center constructions to provide support for Bitcoin mining... More
