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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

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