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Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver

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During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed a hosting agreement with the Russian-based firm Bitriver as the company will leverage 15 megawatts (MW) of Bitriver’s capacity for two years. The9 … Read more

Online Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 Million

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The Shanghai-based online game operator The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9 binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin hashpower. On April 9, the publicly-listed gaming and internet company … Read more