The9 Limited (NCTY) and Russian BitRiver Signed Cryptocurrency Mining Hosting Agreement

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The9 Limited and Russian BitRiver Signed Cryptocurrency Mining Hosting Agreement

July 12, 2021 6:00 AM EDT

SHANGHAI, July 12, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it has signed a cryptocurrency mining hosting agreement with Russian company BitRiver ("BitRiver") through its wholly-owned subsidiary NBTC Limited.

BitRiver, headquartered in Moscow, was established in 2017 to provide global hosting services and a one-stop, turnkey solutions for large-scale cryptocurrency mining operations. BitRiver currently utilizes surplus hydroelectric power to operate data centers through low cost and sustainable energy that offers hosting services for cryptocurrency mining in Russia and the... More