The9 and Bitmain Signed a Purchase Agreement for 24,000 Antminer S19j Bitcoin Mining Machines

StreetInsider

19 Mar 2021

SHANGHAI, March 19, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited signed a Bitcoin mining machine purchase agreement (the "Purchase Agreement") with Bitmain Technologies Limited. Pursuant to the Purchase Agreement, The9 will purchase 24,000 Antminer S19j Bitcoin mining machines, which are scheduled to deliver starting from November 2021.

S19j is the latest model of Bitmain Antminer launched in February 2021, with a rated hash rate of 90TH/s, a rated power consumption of 3,100W and an estimated power consumption of 34.5J/T. Upon the completion of deliveries under the Purchase Agreement, The9 is expected to own an additional hash rate of approximately 2,160PH/S, which is a significant milestone of The9's hash rate build up goal.

About The9 Limited

The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004. The9 aims to become a diversified high-tech Internet company.

Website: https://www.the9.com/en

View original content:http://www.prnewswire.com/news-releases/the9-and-bitmain-signed-a-purchase-agreement-for-24-000-antminer-s19j-bitcoin-mining-machines-301250898.html

SOURCE The9 Limited

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2120719278"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2120719278\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2120719278?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-19 18:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2120719278","market":"us","top_or_hot":-1,"title":"The9 and Bitmain Signed a Purchase Agreement for 24,000 Antminer S19j Bitcoin Mining Machines","media":"StreetInsider","content":"<html><body><div>\n<div>\n<p>SHANGHAI, March 19, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (\"The9\"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited signed a Bitcoin mining machine purchase agreement (the \"Purchase Agreement\") with Bitmain Technologies Limited. Pursuant to the Purchase Agreement, The9 will purchase 24,000 Antminer S19j Bitcoin mining machines, which are scheduled to deliver starting from November 2021. </p>\n<p>S19j is the latest model of Bitmain Antminer launched in February 2021, with a rated hash rate of 90TH/s, a rated power consumption of 3,100W and an estimated power consumption of 34.5J/T. Upon the completion of deliveries under the Purchase Agreement, The9 is expected to own an additional hash rate of approximately 2,160PH/S, which is a significant milestone of The9's hash rate build up goal.</p>\n<p><b>About The9 Limited</b></p>\n<p>The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004. The9 aims to become a diversified high-tech Internet company.</p>\n<p><span>Website: </span><span>https://www.the9.com/en</span> </p>\n<p><img height=\"12\" src=\"https://c212.net/c/img/favicon.png?sn=CN15487&amp;sd=2021-03-19\" title=\"Cision\" width=\"12\"/> View original content:http://www.prnewswire.com/news-releases/the9-and-bitmain-signed-a-purchase-agreement-for-24-000-antminer-s19j-bitcoin-mining-machines-301250898.html</p>\n<p>SOURCE  The9 Limited</p>\n</div> </div></body></html>","source":"highlight_streetinsider","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The9 and Bitmain Signed a Purchase Agreement for 24,000 Antminer S19j Bitcoin Mining Machines</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe9 and Bitmain Signed a Purchase Agreement for 24,000 Antminer S19j Bitcoin Mining Machines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18151387><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI, March 19, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (\"The9\"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited signed a Bitcoin mining ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18151387\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NCTY","symbol_name":"第九城市","start_time":0,"source_url":"https://www.streetinsider.com/dr/news.php?id=18151387","article_id":"2120719278","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2120719278","pubTimestamp":1616148000,"columns":[],"sourceInfo":{"source_id":"highlight_streetinsider","name":"StreetInsider"},"weMediaInfo":null,"summary":"SHANGHAI, March 19, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (\"The9\"), an established Intern","collect":0,"end_time":0,"defaultTopTitle":"streetinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NCTY":"第九城市"},"translate_title":"第九城市与Bitmain签署2.4万台Antminer S19j比特币矿机采购协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"90027":1,"NCTY":1},"content_text":"SHANGHAI, March 19, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (\"The9\"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited signed a Bitcoin mining machine purchase agreement (the \"Purchase Agreement\") with Bitmain Technologies Limited. Pursuant to the Purchase Agreement, The9 will purchase 24,000 Antminer S19j Bitcoin mining machines, which are scheduled to deliver starting from November 2021. \nS19j is the latest model of Bitmain Antminer launched in February 2021, with a rated hash rate of 90TH/s, a rated power consumption of 3,100W and an estimated power consumption of 34.5J/T. Upon the completion of deliveries under the Purchase Agreement, The9 is expected to own an additional hash rate of approximately 2,160PH/S, which is a significant milestone of The9's hash rate build up goal.\nAbout The9 Limited\nThe9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004. The9 aims to become a diversified high-tech Internet company.\nWebsite: https://www.the9.com/en \n View original content:http://www.prnewswire.com/news-releases/the9-and-bitmain-signed-a-purchase-agreement-for-24-000-antminer-s19j-bitcoin-mining-machines-301250898.html\nSOURCE  The9 Limited","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}