Express

Chinese Blockchain Company SOS Will Purchase 575 Ethereum Mining Equipment

Mary Liu

Summary: SOS Limited (NYSE: SOS), a Chinese blockchain company announced on Tuesday that it has signed an agreement to purchase 575 Ethereum mining equipment. The purchase amount was not disclosed.  This agreement is a new milestone for SOS to deploy its crypto mining business. According to the terms of the agreement, the equipment is expected to ...

SOS Limited (NYSE: SOS), a Chinese blockchain company announced on Tuesday that it has signed an agreement to purchase 575 Ethereum mining equipment. The purchase amount was not disclosed. 

This agreement is a new milestone for SOS to deploy its crypto mining business. According to the terms of the agreement, the equipment is expected to be delivered around April 30, 2021, bringing the firm's total Ethereum hash rate to 400 GH. 

By Mary Liu

Last Update:

Tags: ,,
Link: Chinese Blockchain Company SOS Will Purchase 575 Ethereum Mining Equipment   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 3 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 7 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 21 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 28 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.